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Stock Market Extends Downturn By N16bn

Stock Market Extends Downturn By N16bn       Transactions in the Nigerian equity market, on Tuesday, closed on a negative note following sustained profit-taking. The market breadth also closed negative, with 14 gainers against 18 losers. Consequently, the All-Share Index dipped 30.62 basis points or 0.09 per cent to...

Stock Market Fall By N39bn On Profit-taking

Stock Market Fall By N39bn On Profit-taking       The Nigerian equity market on Monday began the week on a negative note as investors continued to take profits to increase capital gains. The key market performance indicator, the Nigerian Stock Exchange All-Share Index, declined by 0.21 per cent...

Income Tax Revenue Lags Behind Fed Govt Projections

Income Tax Revenue Lags Behind Fed Govt Projections         Amidst various pressures on the Federal Government’s finances and 2020 budget’s revenue estimates, an indication has emerged that the government has already recorded a 25.3 per cent shortfall in Company Income Tax, CIT, in the first six...

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 Gains N239bn On Positive Sentiment

Stock Market Gains N239bn On Positive Sentiment         Nigerian stocks on Wednesday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation, rose further by 1.58 per cent each following gradual return of economic activities after #ENDSARS protests. The market breadth closed positive...

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...