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Ebonyi Governor Dave Umahi tests positive for COVID-19
Nigerian Stock Exchange
GDP: Nigeria stock market may end 2020 in red – Uwaleke
2 days ago
Uche Uwaleke, Professor of Finance and Capital Market, says the Nigerian Stock Exchange (NSE) will likely close 2020 in red, based on negative real GDP growth rate projections.
Spurring market growth through investment in infrastructure
With almost 22 per cent losses recorded at the stock market in the last three years, exacerbated by the COVID-19 crises; there has been no respite for investors.
‘Over-subscription of N150b Sukuk confirms NSE’S absorptive capacity’
Stockbrokers at the Nigerian Stock Exchange (NSE), have described the recent oversubscription of the Sukuk Ijarsh, as a confirmation of the market’s absorptive capacity
Weak sentiments persist as investors lose N68b in three trading days
Weak sentiments persisted on the equities sector of the Nigerian Stock Exchange (NSE), as more blue-chip stocks suffered price fall, causing investors to lose N68 billion
Caverton Plc posts N4.4 billion profit, pays dividend to shareholders
Caverton Offshore Support Group Plc, Nigeria’s foremost indigenous offshore logistics services provider, increased its net profit by 14 percent from N3.8billion
Equities market extends losing streak as index dips 0.38%
The Nigerian equities market extended its current losing streak to the fifth consecutive trading session, yesterday, as sell-offs in 22 stocks dragged the index further by 0.38 per cent.
‘NIRCO will increase transparency, accountability in corporate reporting’
The Nigerian Integrated Reporting Committee (NIRCO), has said the establishment of the committee will help Nigeria to develop an acceptable framework, increase transparency and accountability...
Weak economy, others trigger negative sentiments on NSE
Nigeria's weak economic situation exacerbated by the increasing number of COVID-19 cases, has continued to trigger negative sentiments on the equities market.
Neimeth, Prestige Assurance lead NSE’s N13 billion losses
The equities market sustained sliding profile at the end of yesterday’s transactions, as more blue-chip stocks, especially Neimeth, and Prestige Assurance depreciated in price
NSE reopens bearish as investors’ lose N119 billion amid profit-taking
The Nigerian Stock Exchange (NSE), resumed trading on a downward note, Monday, occasioned by profit-taking in bellwether stocks, as investors wealth dipped N119 billion.
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
Stock investors gain N44billion on sustained bargain-hunting
Sustained bargain-hunting in most blue-chip stocks buoyed transactions on the equities sector of the Nigerian Stock Exchange (NSE), yesterday, as market capitalisation increased further by N44billion.