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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...

Senate Summons AIICO, NICON, Others Over N17.4bn Pension Remittances

Senate Summons AIICO, NICON, Others Over N17.4bn Pension Remittances The Senate Public Accounts Committee has summoned the management of the NICON Insurance Plc, AIICO Insurance and other insurance companies over their alleged failure to remit N17.4bn pension fund to the Pension Transitional Arrangement Directorate. The...

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...

Fourteen Insurers To Pay N9.7bn #EndSARS Riot Claims

Fourteen Insurers To Pay N9.7bn #EndSARS Riot Claims         A total of 1,036 individuals and corporates that recorded losses during the recent #EndSARS protests across the country have lodged claims through 14 insurance companies; 667 of the claimants are from Lagos. Fourteen insurance companies will pay about...

Stock Market Extends Gain With N334bn

Stock Market Extends Gain With N334bn         Nigerian equity market on Monday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation rose further by1.73 per cent. However, market breadth closed flat with 23 gainers against 23 decliners. Consequently, the All-Share Index grew by...

Stock Market Ends Five-day Loss With N310bn Gain

Stock Market Ends Five-day Loss With N310bn Gain         Nigerian equity market, on Monday, reversed some of the losses it recorded during the last five consecutive trading days. The market breadth closed on a positive note with 26 gainers against 14 decliners The All-Share Index grew by 592.7...