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In 8 Months, Stock Market Sheds N1.5trn

In 8 Months, Stock Market Sheds N1.5trn   Investors in the nation’s stock market have lost a total of N1.52trn in eight months, as the total market capitalisation of equities listed on the Nigerian Stock Exchange dropped from N11.721tn at the beginning of the year to...

Investors Dump Dangote Cement, Others Shares

Investors Dump Dangote Cement, Others Shares   The equities market declined by N88.3bn on Thursday on the back of major sell-offs witnessed in Dangote Cement Plc, MTN Nigeria Communications Plc and Unilever Nigeria Plc. The market capitalisation of equities listed on the Nigerian Stock Exchange dropped from...

After Inspiring Investors’Confidence, Stock Market Gains N351bn

After Inspiring Investors'Confidence, Stock Market Gains N351bn   Equity investors have regained confidence in the nation’s stock market as they recorded gains totalling N351bn in five trading days. The market maintained a bullish trend for the three consecutive days last week, a turnaround from the persistent bearish...

Stock Market Gains N255bn On Renewed Investors’ Interests

Stock Market Gains N255bn On Renewed Investors’ Interests   The nation’s stock market sustained its bullish performance on Thursday, gaining N255bn in two days as investors took positions in low-priced stocks on the Nigerian Stock Exchange. The equities market posted a gain of N120bn on Wednesday, its...

Investors Undersubscribe FG’s August Bonds

Investors Undersubscribe FG's August Bonds   The Federal Government’s N145bn August bonds, which was offered on Wednesday were undersubcribed by N49.91bn The Debt Management Office showed the breakdown of the auctioned bonds include a N40bn five-year reopening bond that would mature in April 2023 and be offered...

Stock Market Gains N7bn, Reverses Loss

Stock Market Gains N7bn, Reverses Loss   Investors in the nation’s stock market recorded a slight gain of N7bn on Thursday as the market capitalisation of equities increased to N13.365tn from N13.358tn recorded on Wednesday. The market closed the trading session on a positive note as the...