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Ebonyi Governor Dave Umahi tests positive for COVID-19
Stock market resumes July upbeat as index rises by 0.47%
2 days ago
Following price gains recorded by most blue-chip stocks, the equities market resumed trading for the month of July upbeat, causing the All-Share Index
Group acquires 96% stake in AIICO Pensions
4 days ago
FCMB Group said it has notified the Nigerian Stock Exchange (NSE) that its pensions arm, FCMB Pensions Limited, has entered into an agreement to acquire 96 percent of AIICO Pensions Limited.
Equities regain vigour as index rises by 0.12 per cent
4 days ago
Following price gains recorded by most blue-chip stocks, the bulls upstaged the bears at the reopening of transactions yesterday, causing the All-Share Index (ASI) to appreciate by 0.12 per cent.
Coronavirus, political instability sustain sell-off at NSE
Sell pressure continued at the Nigerian Stock Exchange (NSE), amid negative sentiments fuelled by the rise in Coronavirus pandemic, exacerbated by the political crisis
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
Sell-offs in bellwethers pull market indices further by N2bn
Following sell-offs in high cap stocks, transactions at the Nigerian Stock Exchange (NSE), continued southward Tuesday, resulting to a further fall in market capitalisation by N2 billion.
Neimeth, Cutix, others lead NSE N38 billion losses
Following losses suffered by most blue-chip stocks, especially Neimeth Pharmaceuticals, and Cutix, the Nigerian equities market extended the losing streak during Monday transactions
Renewed bargain-hunting lifts stock index by N22 billion
Renewed bargain-hunting in most blue-chip stocks lifted transactions on the equities sector of the Nigerian Stock Exchange (NSE), yesterday, causing market capitalisation to rise by N22 billion.
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