Banking Stocks Record Loss As Market Sheds N17bn           The Nigerian Exchange Limited equities market declined by N16.97bn on Tuesday as major banking stocks recorded losses. The NGX All-Share index dropped by 0.08 per cent to close at 38,875.85 basis points from 38,906.42bps on Monday. The market...

Banking, Insurance Stocks Drop As Market Sheds Nearly N20bn           Equity investors in the Nigerian Exchange Limited lost N19.51bn on Monday as the market capitalisation slid down from N20.29tn to N20.27tn at the end of trading. The NGX All-Share index depreciated by 0.10 per cent as it...

Banking Stocks Drive N174bn Capital Market Gain   The nation’s stock market witnessed a rebound on Thursday as investors gained N174.4bn on the back of gains in the banking sector. Analysts at Afrinvest Securities Limited said major price appreciation in Guaranty Trust Bank Plc, Zenith Bank Plc...

Sell-offs In Banking Stocks Drive Market N197bn Lower   Banking stocks listed on the Nigerian Stock Exchange led the decrease in market capitalisation by N197bn in one day, following sell-offs witnessed on Monday. The market capitalisation of equities listed on the NSE dropped from N12.804tn, which the...

NSE Records Losses Due To Banking Stocks Sell-off   Transactions on the Nigerian Stock Exchange (NSE) on Wednesday maintained a negative outlook for the third consecutive trading sessions. The News Agency of Nigeria (NAN) reports that the All-Share Index dropped marginally by 0.02 per cent due to...