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14 Stocks Gain As Market Cap Rises Above N12tn

14 Stocks Gain As Market Cap Rises Above N12tn   The market capitalisation of equities listed on the Nigerian Stock Exchange rose above the N12tn mark at the end of trading on Tuesday. The market capitalisation, which had earlier dropped below N12tn in August, gained N83.5bn to...

Market Capitalisation Drops By N73bn As 21 Stocks Lose

Market Capitalisation Drops By N73bn As 21 Stocks Lose The market capitalisation of listed equities fell by N73bn on Thursday as 21 stocks recorded price depreciation at the close of trading on the floor of the Nigerian Stock Exchange. The market capitalisation dropped to N11.961tn from...

Market Capitalisation Drops By N458bn In 19days

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...

Bellwether Stocks Lose Further, As NSE Capitalisation Falls To N13.9tn

Bellwether Stocks Lose Further, As NSE Capitalisation Falls To N13.9tn The Nigerian equities market sank deeper wednesday with the capitalisation of the Nigerian Stock Exchange (NSE) falling to a new low of N13.984 trillion as bellwether stocks continued to tank. Also, the year-to-date (YTD) growth...

Stock Market Rose To A Nine-year High As Capitalisation Hits N15.3tn

Stock Market Rose To A Nine-year High As Capitalisation Hits N15.3tn The Nigerian Stock Exchange market capitalisation hit a record high of N15.317tn from the N14.880tn that was reported on Wednesday. The NSE All-Share Index rose to above 43,041.54 basis points, a level last seen in...

N2.2tr Oil Loan Upset Banks

‘It’s not true, entire N5.3tr industry’s capitalisation can’t even fund one oil rig’ Nigerian banks have become very stringent in funding oil and gas projects owing to a doubtful balance sheet position and inability of firms to service previous loans worth more than N2.2 trillion. But...