Markets

Markets

NSE in need of boost as market underperforms sub-Saharan Africa markets

David Ibidapo Mar 27, 2019

The Nigeria’s stock market would require more than the earnings season to spur a boost in its performance as the...

Markets

Stock market dips marginally by 0.01%

Iheanyi Nwachukwu Mar 26, 2019

Nigeria’s equities market declined marginally by 0.01percent on Tuesday March 26 as only eighteen (18) stocks recorded price increase as...

Markets

EGX, AfDB meet on initiative to unify securities trading in Africa

Israel Odubola Mar 26, 2019

Just a month after joining the African Exchanges Linkage Project (AELP), the Egyptian Exchange (EGX) received a mission from the...

Markets

NSE major indices close in red as Nigerian stocks mirror global peers

Oluwasegun Olakoyenikan Mar 26, 2019

Equities listed on the Nigerian Stock Exchange (NSE) were not left out of the bearish performance that characterised global stock...

Markets

GTBank Nigeria Plc: Growth in profit aided by efficient cost management

Bala Augie Mar 26, 2019

Guaranty Trust Bank Nigeria (GTBank) Plc recently released its results for the year ended December 2018 which shows significant growth...

Markets

Stock market returns to negative path, investors lose N36bn

Iheanyi Nwachukwu Mar 25, 2019

Nigeria’s stock market rerouted back to the negative territory at the sound of closing gong on Monday March 25 as...

Markets

Stocks fail to entice buyers despite positive corporate earnings

Iheanyi Nwachukwu Mar 25, 2019

Nigeria’s equities market has failed to show better performance lately, despite earlier projections by many market watchers that influx of...

Markets

Nestle, Cadbury boost export sales by 25 percent in 2018

Teliat Sule Mar 24, 2019

Nigerian firms continue to push for more space at the international market following an increase of 25 percent in export...

Markets

CBN intervenes with $268.60m, CNY39.09m in forex market

Hope Moses-Ashike Mar 22, 2019

The Central Bank of Nigeria (CBN), on Friday, March 22, 2019 made interventions in the Retail Secondary Market Intervention Sales...

Markets

NSE: Key performance indicators up by 0.82%

Anthony Nlebem Mar 22, 2019

Trading on the Nigerian Stock Exchange (NSE) closed on a positive note on Friday after four consecutive days of bearish...

Markets

MTN’s planned NSE listing spurs other telcos, as Airtel considers same

Jumoke Akiyode-Lawanson Mar 22, 2019

The planned listing of MTN Nigeria on the Nigeria Stock Exchange (NSE) by second half (H2) 2019 has spurred Airtel...

Markets

Stock market sees significant increase in foreign outflows to N55.01bn

Iheanyi Nwachukwu Mar 22, 2019

Nigeria’s stock market recorded significant increase in the level of foreign outflows, which increased by 97.80percent from N27.81billion in January...

Markets

NSE rises 0.37% in early trade after 6-day bear run

Oluwasegun Olakoyenikan Mar 22, 2019

The Nigerian Stock Exchange All Share Index rose 0.37 percent to 30,999.60 points in early trade, Friday, buoyed by gains...

Markets

Consumer goods, financial services top attractive investment sectors in Nigeria - KPMG survey

Micheal Ani Mar 22, 2019

KPMG Professional Services recently presented its second edition of the KPMG “Doing Deals” report to the public, in Lagos. The...

Markets

Bearish sentiment persists on NSE as market dips further by 0.50%

Iheanyi Nwachukwu Mar 21, 2019

At the sound of closing gong on the Nigerian Stock Exchange (NSE) on Thursday March 21, the All Share Index...