Trading on the Nigerian Exchange Limited (NGX) sustained a rising profile at the end of yesterday’s transactions, as gains in Presco, 31 stocks lifted the All-share index by 0.2 per cent.
Massive buying interest occasioned by improved corporate performance yesterday, lifted transactions on the equities sector of the Nigeria Exchange Limited (NGX) as market capitalisation crossed the N28 trillion mark.
Despite uncertainty in the global economy, Nigeria’s stock market is currently having a solid start in the month of May, with investors increasing their bets on blue-chip companies in anticipation of continued expansion...
30 Sep 2021
The equities market had a rebound after two sessions of losses due to gains in many highly capitalised stocks, causing market capitalisation to soar by N382 billion.
29 Jun 2021
Bears’ dominance has remained unabated on the Nigerian Exchange Limited (NGX), as more bluechip stocks recorded price depreciation, causing the All-Share Index (ASI) to drop further by 0.19 per cent.
20 Nov 2020
Following persistent sell pressure in some high-value stocks, the domestic equities market closed negative at the end of yesterday's transactions, causing the market capitalisation to depreciate further by N91 billion. Yesterday, the All Share Index (ASI) shed 174.36 absolute points, representing a loss of 0.50 per cent to close at 34,643.65 points. Accordingly, investors lost…
20 May 2020
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), continued upbeat yesterday, as more high value stocks constituted the gainers’ chart, resulting to a further rise in market capitalisation by N136billion.
26 Nov 2019
The bulls strengthened hold on the equities sector of the Nigerian Stock Exchange (NSE), extending rally to five consecutive trading sessions, and caused market capitalisation to increase further by N22 billion.
14 Oct 2019
The free fall of equities on the Nigerian Stock Exchange (NSE) worsened at the close of transactions last week, as the benchmark All-Share Index (ASI) recorded five consecutive days of losses, breaking down its October 3, 2019, strong support level of 26,789.38 basis points.
18 Jul 2019
The Ebonyi Police Command has confirmed that so far, there was no casualty in the collapsed popular Metro-View Hotels Ltd in the state capital, Abakaliki on Wednesday.
1 Jul 2019
Executive Secretary of the Plantation Owners Forum of Nigeria (POFON), Mr Fatai Afolabi, spoke with FEMI IBIROGBA on what the forum demands from the Federal Government through its agencies. Members of the forum are large-scale palm plantation firms, such as Okomu PLC, PresCo PLC, PZ Wilmar, Agripalm, Dufil, Aden Rivers and others. Its president is…
29 Mar 2019
Transactions on the equities sector of the Nigerian Stock Exchange (NSE ) closed in an upbeat yesterday to halt three successive sessions’ negative trend, as price gains recorded by many blue-chip companies, especially Presco and Guaranty Trust Bank...