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In Nine Months, 12 Banks Earn N133.92bn From E-payments

In Nine Months, 12 Banks Earn N133.92bn From E-payments         Increased investment in technology and the introduction of new online payment channels have earned Nigerian banks N133.92bn. The adoption of electronic channels for financial transactions earned 12 Deposit Money Banks about N133.92bn revenue in the first nine...

NSE Gains N144bn On Blue-chip Firms

NSE Gains N144bn On Blue-chip Firms           Equity trading on the floor of the Nigerian Stock Exchange (NSE) on Tuesday closed on a positive note with a gain of N132bn as the bulls recaptured trading activities after three days’ downturn. The market performance indices, NSE All-Share Index,...

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...

Equity Market Rebounds With N301bn Gain

Equity Market Rebounds With N301bn Gain         The Nigerian equity market on Wednesday closed the market in the green as investors began to take a position on the undervalued stocks. Key market indicators, the NSE ASI grew by 1.68 per cent as market breath closed positive with...

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 Gains N212bn On Sustained Positive Sentiment

Stock Market Gains N212bn On Sustained Positive Sentiment         The equities market on Tuesday extended gains by N212bn following gains recorded by some blue-chip firms. The key performance indices, Nigerian Stock Exchange All-Share Index and market capitalisation appreciated by 1.25 per cent while the market breadth closing...