Business Capital Market News

Equities market continues bearish trend, dips N28bn

Ihesiulo Grace 10 September 2019 0

Motolani Oseni Due to persistent sell pressure, equities market of the Nigerian Stock Exchange (NSE) continued its bearish movement to lose N28billion at the close of Monday trading activities. The stock market benchmark index, NSE All Share Index (ASI) dropped by 56.73 basis points or 1.25 per

Business Capital Market

NSE –ASI drops by 0.11% over investors sustained sell-offs

Ihesiulo Grace 16 August 2019 0

Motolani Oseni The equities market closed on Thursday trading session on a negative note, as the Nigerian Stock Exchange, All-Share Index (NSE-ASI) slumped by 0.11 per cent on persistent sell-offs. The NSE-ASI fell by 30.18 basis points or 0.11 per cent to 27,052.93 basis points from 27,083.11basis points Accordingly, investors lost N15 billion in value […]

Business

NSE delists Newrest ASL, as equities market sheds N141bn

Ihesiulo Grace 14 May 2019

Ladesope Ladelokun Amid sell pressure and delisting of Newrest ASL from three official list, the equities market of the Nigerian Stock Exchange (NSE) opened for the week on Monday still on a bearish trend, with the market capitalisation shedding N141 billion, representing a dip of 1.30 per cent to close at N10.701 trillion against N10.842 […]

Business Top Stories

Revealed: How 6 banks boosted lending by N10.4trn in 2017

Ihesiulo Grace 26 March 2018 0

No fewer than six commercial banks accounted for total lending of N10.4 trillion to their customers as at December 31, 2017, representing growth of 0.6 per cent from N10.37 trillion loans granted to customers in 2016. The Deposit Money Banks (DMBs) include Access Bank, Guaranty Trust Bank Plc (GTBank), Ecobank Transnational International (ETI) and Zenith […]