NASCON Allied Industries
Bellwethers lift stock market index further by N47 billion
Transaction in the equities sector of the Nigerian Stock Exchange (NSE), continued on a positive note yesterday, as more bellwethers stocks appreciated in price, resulting to a further rise in market capitalisation by N47billion.
Falling oil price triggers over N1tr sell-off in stock market
No respite yet for Nigerian investors as over N1 trillion has been wiped off from the stock market in just three trading days amid growing fears of coronavirus spread and declining crude oil price
Post-election apathy, liquidity shortfall pare investors’ fortune
A significant shortfall in availability of cash at the disposal of money market operators, occasioned by increased post-election apathy, has continued to fuel persistent sell pressure on the equities sector of the Nigerian Stock Exchange (NSE), causing investors’ wealth to plunge further by 2.5 per cent as at Friday. A review of market performance last…
Dangote Foods rewards 77 distributors, promises better year
Hundreds of customers as well as 77 major distributors from across the nation were honoured at the 2018 Dangote Customers Celebration and Food Distributors’ Award Night....
Stock market indices plunge by N55 billion
Equity transactions on the floor of the Nigerian Stock Exchange (NSE), closed on a downward note yesterday, occasioned by losses recorded by most bluechip stocks, as market capitalisation shed N55 billion. Yesterday, the All -share index (ASI) was down by 151.17 absolute points, representing a decrease of 0.46 per cent, closing at 32,963.27 points. Similarly,…