Profit-taking: Stock Market Indices Drags By N57b Hopes for a bulls’ run dimmed yesterday, following renewed profit-taking by investors at the Nigerian Stock Exchange (NSE), as the bears took centre stage again on equity transactions, reversing the Tuesday’s positive sentiment, as market capitalisation depreciated by...

Market Capitalisation Drops By N458bn In 19days The market capitalisation of equities listed on the Nigerian Stock Exchange declined by N458bn within 19 days of trading. The market capitalisation dropped from N13.391tn on August 2, 2018 to N12.933tn on August 24. It appreciated by 0.45 per...

FG Receives N817bn From Total, Chevron, CNOOC In One Year THE Federal Government received $2.68 billion, about N817.4 billion, from Total, Chevron and China National Offshore Oil Company, CNOOC, in 2017, according to documents obtained from the Canadian government. The companies presented the information under...

In A Month Trading On FMDQ OTC Market Declines 24% To N13trn Turnover on the Fixed Income and Currency (FIC) on the over-the-counter (OTC) market operated by FMDQ OTC Securities Exchange in July stood at N13.09 trillion, showing a decline of 23.99 per cent, compared...

Power Grid Collapse Persists, Drops Twice In Two Months Nigeria’s electricity grid is still witnessing system collapse as it recorded total failure twice in the last two months. Figures obtained by our correspondent from the Federal Ministry of Power, Works and Housing in Abuja on Thursday...

GTBank Recommends N8.8bn Interim Dividend, Posts N109bn Profit Guaranty Trust Bank Plc wednesday released its audited financial results for the half year(H1) ended June 30, 2018, showing positive performance across all financial indices. The board of directors of the bank also recommended an interim dividend...