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NASCON

Shareholders laud NASCON’s good financial performance

Shareholders

Shareholders of NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited (DIL) have commended the food seasoning company over its impressive performance in the year ended December 31, 2021, despite the harsh economic operating environment just as the company emerged as the best haulage company of the year. Speaking during the NASCON’s Annual General […]

Equities market indices increase by N142bn in one day

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 the previous day. Similarly, the All Share Index rose by […]

NSE rebounds with market capitalisation growth of N14bn

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 […]

Equities market indices dip by 40% amid profit-taking

Market

Temitope Adebayo The equities market of the Nigeria Stock Exchange (NSE) began this week trading activities on on Monday on a downward trend, with major indices shedding 0.40 per cent. Specifically, market capitalisation which opened at N13.606 trillion lost N54 billion or 0.40 per cent to close at N13.552 trillion against N13.606 trillion on Friday. […]