No fewer that 12 companies listed on the Nigeria Stock Exchange (NSE) have raised fresh capitals by way of rights issue from the nation’s bourse to the tune of N268.7b from rights issue in 18 months. Besides, the private sector’s efforts at increasing its fortunes from the bourse by way of bond remained subdued when…

Equity transactions closed on a downturn on the last trading day of the week occasioned by price losses suffered by most blue-chip stocks, as the All-share index slides further by of 0.27 percent. Precisely, at the close of trading yesterday, the ASI shed 103.7 absolute points, representing a decline of 0.27 per cent to close…

Heavy transactions in the shares of some banks, especially FCMB and United Bank for Africa (UBA), last week, lifted the volume of shares traded, as a turnover of 3.008 billion shares worth N30.296 billion was recorded in 24,036 deals by investors on the floor of the Nigeria Stock Exchange (NSE).

The Court of Appeal sitting in Lagos has been asked to restrain telecoms operator, MTN from listing its shares in the Nigeria Stock Exchange (NSE) pending the determination of a suit filed by a lawyer, Dr. Charles Mekwunye against it and four other firms. In the appeal marked as CA/L/1349/16, Mekwunye is seeking an order…

Heavy transactions in the shares of some companies, especially First City Monument Bank (FCMB) Group, and Transnational Corporation of Nigeria (TRANSCORP), last week lifted the volume of shares traded, as a turnover of a turnover of 2.170 billion shares worth N39.087billion.....

Ahead of the full year result of listed companies, investors increasing demand for fundamentally sound dividend paying stocks, coupled with high expectations of improved dividend yield, yesterday, buoyed transactions on the trading floor of the Nigeria Stock Exchange (NSE), as market capitalisation soared significantly by N370 billion.

Heavy transactions in the shares of financial stocks last week, buoyed the volume of shares traded, as a total turnover of 2.940 billion shares worth N27.924 billion were recorded in 28,570 deals by investors on the floor of the Exchange in contrast to a total of 4.426 billion units valued at N24.236 billion that was…

Trading activities on the nation’s bourse closed for the week on Friday with a marginal growth of 0.08 per cent, following price appreciation posted by Nestle Nigeria.

Shareholders have raised concern on the renewed move by companies to delist voluntarily on the Nigerian Stock Exchange (NSE), urging regulators to adopt fresh measures aimed at deepening the market, promoting more listing, and encouraging companies to stay listed on the nation’s bourse. The shareholders, who warned that such actions are a disincentive to market…

Equity transactions on the Nigerian Stock Exchange (NSE) rebounded yesterday, as virtually all the blue chip companies appreciated in price, causing the All-share index to appreciate by 1.3 per cent. Yesterday, market capitalisation of listed equities rose by N174billion from N13.589trillion posted on Wednesday to N13.763trillion. Similarly, the All-share index, which measures the performance of…

Heavy transactions in the shares of some companies especially Transnational Corporation (Trannscorp) and , Dangote Cement last week, lifted the volume of shares traded, as a total turnover of 2.243 billion shares worth N139.789 billion was recorded in 18,466 deals....

Telecommunications operator, MTN has disclosed a plan to list its shares on the Nigerian Stock Exchange (NSE).