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Equity Market Gains N214bn On Blue Chip Firms

Equity Market Gains N214bn On Blue Chip Firms         Equity trading on the floor of the Nigerian Stock Exchange on Wednesday closed on the positive note with a gain of N214bn as the bulls sustained grip on trading activities. The market performance indices, the NSE ASI appreciated...

NSE Reopens Trading With N167bn Gain After Christmas Holidays 

NSE Reopens Trading With N167bn Gain After Christmas Holidays        The Nigerian Stock Exchange reopened trading on Tuesday after the holidays to mark Christmas and Boxing Day celebrations with the All-Share Index crossing 39,000 mark. Specifically, the All-Share Index which opened at 38,800.01 inched higher by 310.16...

Stock Market Sets New Milestone, Crosses N20trn Capitalisation

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...

BUA, Chinese Firm To Build $1.05bn Cement Plants

BUA, Chinese Firm To Build $1.05bn Cement Plants       BUA Cement has signed an agreement with Sinoma CBMI of China for the construction of three new cement plants of three million tonnes each per annum, a project valued at $1.05bn. A statement by the company on Tuesday...

Stock Market Extends Decline, Records N8bn Loss

Stock Market Extends Decline, Records N8bn Loss         Transactions on the floor of the Nigerian equity market extend losses on Monday as bears tightened their grip on the market. The market breadth also closed on a negative note with five gainers against 46 losers. The Nigerian Stock Exchange...

NPA Approves Reopening Of BUA’s $400m Terminal

NPA Approves Reopening Of BUA’s $400m Terminal     The Nigerian Ports Authority has given the management of BUA Group the go-ahead to open its $400m Ports and Terminal facility in Port Harcourt after shelving the seven-month-long dispute between the two parties. The company, in a statement on...