Coronavirus, political instability sustain sell-off at NSE
Sell pressure continued at the Nigerian Stock Exchange (NSE), amid negative sentiments fuelled by the rise in Coronavirus pandemic, exacerbated by the political crisis
Profit-taking reverses positive streak as index loses 0.47%
Transactions at the Nigerian Stock Exchange (NSE), reversed the gaining streak to close on a downturn, yesterday, following profit-taking by investors
Food, beverages manufacturers groan as lockdown affects demand, production
With the coronavirus pandemic forcing Nigerian bars, restaurants, hotels and event centres to shut down or maintain partial operation in some cases, operators in the food...
Bullish rally raises index further by 1.40%
The Nigerian stock market extended has bullish rally to eight consecutive trading days, even as more bluechip stocks joined the league of gainers, causing the All-Share Index (ASI) to rise further by 1.40 per cent
Guinness Night Football: Davido, Sauti Sol, Bebe Cool Vibe With Rio Ferdinand
Friday 31st January 2020; Football icon and Guinness Ambassador, Rio Ferdinand, threw football fans into a frenzy when he flew into Nigeria for the spectacular Guinness Night Football event. The Pan African tournament finale saw players from Cameroon, Uganda, and Kenya enjoy a sensational night of friendly rivalry in Lagos, hosted by Rio. The ultramodern…
Brewers groan, unable to pass excise duty costs to already burdened consumers
With competition from cheaper brands and sachet alcoholic drinks, brewing firms in the country are groaning under the burden of excise duty as they struggle to manage costs that would have hitherto been passed to consumers.
Stock market reverses gaining streak as index slumps 0.2 per cent
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), reversed previous gains to close on a downward note yesterday, occasioned by to sell pressure...
Stock market index rises marginally by 0.05 per cent
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), closed upbeat yesterday, following price gains recorded by most blue-chip stocks, as the All-Share Index appreciated by 0.05 percent.
Bargain hunting: NSE indices drop further by 1.30%
Trading on the Nigerian Stock Exchange (NSE) resumed on Thursday after the two-day holidays to mark Eid-el-Fitri on a bearish trend due to bargain hunting.§ The News Agency of Nigeria (NAN) reports that the All-Share Index lost 401.22 points or 1.30 per cent to close at 30,527.07 compared with 30,928.29 on Monday. Similarly, the market…