Banking Business Politics

Equities market indices increase by N142bn in one day

Ihesiulo Grace 13 September 2019 0

Motolani Oseni Again, the equities market of the Nigerian Stock Exchange (NSE) on Thursday reacted positively to the outcome of the election tribunal ruling for the second consecutive day, as market capitalisation rose by N142 billion to close at N13.351 trillion against N13.209 trillion closed

Business Capital Market Capital Market News

Equities market lose N89bn over profit-taking

Ihesiulo Grace 30 August 2019 0

Temitope Adebayo The Nigerian Stock Exchange equities market segment on Thursday reverted the gains in the previous trading session, following the All-Share Index (ASI) declined by 0.66 per cent on losses in Dangote Cement, MTN Nigeria, 12 other stocks. The All Share Index fell by 181.45 basis points or 0.66 per cent to 27,425.57 basis […]

Business News

NSE: Equities market index down by 0.39%

Ihesiulo Grace 27 August 2019 0

Temitope Adebayo The equities market segment of the Nigerian Stock Exchange (NSE) ended Monday’s trading session in negative territory, as the All-Share Index closed at 27,691.85 basis points, against 27,800.17 achieved on Friday, which represented a 0.39 per cent decline. Similarly, investors lost N52 billion in values as the market capitalisation closed lower at N13.472

Business Capital Market Capital Market

NSE rebounds with market capitalisation growth of N14bn

Ihesiulo Grace 2 August 2019 0

Motolani Oseni The equities market of the Nigerian Stock Exchange (NSE) on Thursday rebounded with an increase of a whopping N14 billion market capitalization, closing the first trading day in August at N13.522 trillion against N13.508 trillion recorded the previous day. Although, the improvement was said to have been achieved due to bargain hunting in […]

Business

Equities market ends losing streak with 0.47% gain

Ihesiulo Grace 28 June 2019 0

Motolani Oseni The equities market of the Nigerian Stock Exchange (NSE) on Thursday ended three consecutive trading days loss with 0.47 per cent gains. In summary, the All Share Index (ASI) gained 140.35 absolute points, representing a gain of 0.47 per cent to close at 29,749.35 points. Similarly, the market capitalisation gained N62 billion, to […]

Business

NSE: MTN tops gainers chart amid N275bn infraction payment to FG

Ihesiulo Grace 22 May 2019

…As market capitalization hits N13.30trn Motolani Oseni There was a positive trend at the end of trading activities on the Nigerian Stock Exchange (NSE) on Tuesday, with MTN Nigeria Communications leading the gainers’ chart closing at N131.70 per share, amid payment of N275 billion SIM infractions to the federal government. Also, the market capitalisation which […]

News

NFF: Christian Chukwu arrives London for medical treatment

Ihesiulo Grace 17 May 2019

The Nigeria Football Federation on Thursday in Abuja said Christian Chukwu, a former captain of the old Green Eagles, has arrived in the UK for medical treatment. Ademola Olajire, NFF’s Director of Communications, said in a statement that the former Super Eagles Chief Coach arrived in London in company of his wife, Lilian Nkeiruka. He […]

Business

NSE: Bearish trend persists as ASI down by 0.74%

Ihesiulo Grace 30 April 2019

Motolani Oseni At the close of yesterday trading activities on Nigerian equities market of the Nigerian Stocks Exchange (NSE), trading remains on a bearish trend with the All-Share Index (ASI) shed 219.35 points or 0.74 per cent to close at 29,521.06 compared to 29,740.41 recorded on Friday. Also, the market capitalisation lost N82 billion to […]

Capital Market

Market capitalisation appreciates by N62 billion on first trading session in May

Ihesiulo Grace 3 May 2017 0

Activities on the Nigerian Stock Exchange (NSE) resumed the month of May upbeat as market indicators appreciated by 0.80 percent on Tuesday. The market capitalisation recorded an improvement of N62 billion on the first trading day in the month of May and closed at N8.974 trillion. The All-Share Index also posted an increase of 206.67 […]

Business Capital Market

FMDQ admits Forte Oil N9bn as first 2017 corporate bond

Ihesiulo Grace 10 February 2017 0

Forte Oil Plc has once again made history in addition to its reputation as the first early filer of yearly audited results to the Nigerian Stock Exchange (NSE) by emerging first corporate bond to list on FMDQ in 2017. Coming shortly after the recent quotation of the Dufil Prima Foods commercial paper notes is the […]

Capital Market

Forte Oil profit down 50 percent in 2016

Ihesiulo Grace 2 February 2017 0

Forte Oil Plc has reported N2.9 billion net profit for 2016, exactly half its achievement in 2015. Profit before tax also slipped 24 percent to N5.3 billion in 2016 as against N7 billion recorded in 2015. The company’s revenue for the period under review was N148.6 billion, up 19 percent from N124.6 billion previously.   […]