Bears strengthen hold on equities as index plunges further by 0.02%
The equities market continued on the decline at the end of transactions yesterday, as more blue-chip firms joined the league of losers, causing the All Share Index (ASI) to plummet further by 0.02 per cent.
Declining yield in instruments lift market index by N245 billon
Following declining yield in fixed income securities, the Nigerian Stock Exchange (NSE), recorded the highest gain in six months yesterday, as investors’ wealth appreciated by N245 billion.
Bears sustain hold on NSE as index plummets further by 0.3%
Following price losses incurred by most of the blue-chip stocks, the bears sustained dominance on the equities sector of the Nigerian Stock Exchange (NSE) yesterday, as the All-share index slumped further by 0.3 per cent.
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.
NAHCO targets N35b turnovers on new strategic growth plan
Nigerian Aviation Handling Company (NAHCO aviance) Plc, plans to grow its turnover to N35 billion as part of its ongoing strategic initiatives to deliver significant growths over the next five years. The company unveiled this at a presentation of the underlying facts behind the operations to capital market stakeholders on Tuesday, at the Nigerian Stock…
Nahco’s investment in free trade will boost export drive, says Fagbemi
To boost Federal Government’s economic diversification drive, the Nigerian Aviation Handling Company Plc (NAHCo), said it is investing...
Royal Exchange, NAHCO, others lead Nigerian Stock Exchange N41b losses
Following price losses suffered by many bluechip stocks especially Royal Exchange, and NAHCO, transactions on the trading floor of the Nigerian Stock Exchange (NSE), reopened bearish yesterday, causing market capitalisation to plunge further by N41 billion.
Investors hopeful of economic rebound as stock market gains N490b
Expectations of improved economic outlook, ahead of the 2019 inauguration ceremony yesterday, spurred activities on the equity sector of the Nigerian stock Exchange yesterday (NSE), as the bellwethers recorded price appreciation, causing investors wealth to soar significantly by whooping N490 billion. At the close of transactions Tuesday, the All-Share Index (ASI) gained 1,112.29 absolute points,…
Trading sustains positive on NSE, up by 1.74%
The Nigerian equities on Monday extended positive stance with the crucial market indicators appreciating by 1.74 per cent. The News Agency of Nigeria (NAN) reports that the market capitalisation inched N220 billion to close at N12.938 trillion against N12.718 trillion. Similarly, the All-Share Index which opened at 28,871.93 rose by 501.47 points or 1.74 points…
‘This government has completely abandoned us’
It has been a bad week for commuters to ply the Oshodi-Apapa expressway as articulated vehicles, especially tankers and trailers parked on both the expressway and service lanes have made the roads impassable culminating into a scene of terror on Wednesday and Thursday nights...