Investors Dump Equities Amid Anxieties Over CBN’s Rate Call         Nigerian equities closed at the weekend with a net loss of N604 billion as anxieties over the likely decisions of the Central Bank of Nigeria (CBN) on benchmark interest rate and other monetary policy tools fuelled...

NGX: Market Capitalisation Plunges Further By N167bn       The Nigerian Exchange Limited (NGX) extended bearish sentiment to three consecutive trading sessions yesterday, as more highly capitalised stocks depreciated in price. This resulted to a further slide in market capitalisation by N167 billion. The All-Share Index (ASI) decreased...

Gains In Highcap Stocks Lift Capitalisation By N356bn     Following gains recorded by most highly capitalised (highcap) stocks, transactions on the Nigerian Exchange Limited (NGX) reversed negative sentiments to close in an upbeat yesterday as market capitalisation appreciated by N356 billion. At the close of trading, the...

Nigerian Stocks Beat Global Stocks With N259bn Gains       Nigerian stocks played the contrarian at the weekend with a net capital gain of N259 billion in a week marked by general decline in share prices across the global advanced and emerging markets. A market-wide rally drove the...

Stock Market Sets New Milestone, Crosses N20trn Capitalisation         The market capitalisation of the Nigerian Stock Exchange (NSE) crossed N20 trillion capitalisation for the first time in the history of equity market last week, indicating an inflow of more funds into the market. The bullish sentiment continued...

Stock Market Battles Policy Reversal In Treasury Bills         The price correction that resulted from profit taking activities as well as the reversal in Treasury Bills (TBs) yields last week may not necessarily impede the recovery prospect in the stock market, equity dealers have said. They insisted...