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Investors Stake N16bn On 1.4 Billion Shares

Investors Stake N16bn On 1.4 Billion Shares       The Nigerian equities market attracted investment inflow of N15.918 billion last week staked on 1.419 billion shares in 18,459 deals. This indicated an increase by 46.3 per cent from the N10.883 billion invested in 1.441 billion shares in 19,614...

Stock: Market Extends Downturn By N278bn

Stock: Market Extends Downturn By N278bn       Transactions in the Nigerian equity market on Tuesday closed on a negative note as losing streak extended to the third consecutive trading day, following sustained profit-taking. However, the market breadth closed negative, recording 17 gainers and 30 losers. The All-Share Index...

Stock Market Advances With N641bn Gain

Stock Market Advances With N641bn Gain         The Nigerian equity market on Monday closed on a positive note with a gain of N641bn to sustain a positive trend. The market breadth closed positive, recording only 49 losers as against 11 gainers. The key market performance indicators, the NSE...

Stock: Market Extends Gain With N106bn

Stock: Market Extends Gain With N106bn         Trading activities on the equity market on Tuesday further closed upbeat as investors continued to take position on blue-chip stocks in anticipation of a fair third-quarter results. The key market performance measures, the NSE All-Share Index rose by 0.70 per...

Conoil Shareholders Okays N1.4bn Dividend As Firm Promises Higher Return

Conoil Shareholders Okays N1.4bn Dividend As Firm Promises Higher Return Shareholders of Conoil Plc last Friday approved a dividend of N1.4 billion for the 2019 financial year, just as the company has expressed optimism about sustaining its tradition of delivering higher dividend. The shareholders gave...

EFCC recovers N328.9b from Conoil, Forte Oil, NNPC, Oando

The Economic and Financial Crimes Commission (EFCC) on Wednesday said it has recovered N328.9 billion from nine major oil marketers in one year, overdue payments for oil products lifted by the firms. Spokesman of the commission, Mr Wilson Uwujaren, disclosed this in a statement in...