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Stock Market Gains 7.46%, Highest In Five Weeks

Stock Market Gains 7.46%, Highest In Five Weeks         Trading activities on the equity market finished last week on the positive trajectory as the NSE All-Share Index and market capitalisation appreciated by 7.46 per cent to close the week at 36,804.75 and N19.24tn respectively. The local bourse...

Jaiz Bank Commits to Financing MSMEs

Jaiz Bank Commits to Financing MSMEs Jaiz Bank Plc, the premier non-interest bank in Nigeria says it is committed to financing Micro, Small and Medium scale Enterprising (MSME) in the country. The Bank’s Regional Manager(Northwest) Dr. Nuruddeen Liman Ahmed said this yesterday at the ongoing Kano...

Stock Market Sustain Positive Sentiment With N140bn Gain

Stock Market Sustain Positive Sentiment With N140bn Gain       Nigerian stocks, on Wednesday, sustained its positive outlook for the third day as the All-Share Index and market capitalisation rose further by 0.76 per cent each. Market watchers attributed the development to renewed confidence as bargain hunters continued...

Stock Market Extends Gain With N199bn

Stock Market Extends Gain With N199bn       Trading activities on the equity market, on Tuesday, closed on a positive note as the Nigerian Stock Exchange All-Share Index appreciated by 1.09 per cent. The market breadth closed positive with 29 gainers against 14 losers. The All-Share Index gained 381.78...

Eight Banks Earn N26.73bn From International Trade Transactions

Eight Banks Earn N26.73bn From International Trade Transactions         Eight Nigerian banks have earned a total of N26.73bn from commissions charged on Letters of Credit issued for international trade transactions from January to September. Analysis of the third-quarter financial reports of the eight banks indicated that this...

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...