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Stock Market Rebounds, Records N376bn Weekly Gain

Stock Market Rebounds, Records N376bn Weekly Gain       Stock trading on the floor of the Nigerian Exchange Limited rallied with a total gain of N375.50bn last week despite the lower trade volume occasioned by the public holidays on Tuesday and Wednesday. The NGX All-Share Index closed 1.90...

Stock Investors Gain N330bn As Market Cap Hits N20trn

Stock Investors Gain N330bn As Market Cap Hits N20trn     Investors in the Nigerian Exchange Limited saw a N329.73bn gain on Thursday as the market capitalisation of equities climbed above N20tn for the first time in seven days. The daily stock market report showed that the NGX...

Stock Market Sheds N24.5bn As 32 Firms Record Losses

Stock Market Sheds N24.5bn As 32 Firms Record Losses       The Nigerian stock market lost N24.49bn last week as 32 firms saw their share prices decline at the end of trading. The Nigerian Exchange Limited All-Share Index dipped by 0.12 per cent to close at 37,947.18 basis...

Stock Market Gains N7.97bn, Ends Five-day Losing Streak

Stock Market Gains N7.97bn, Ends Five-day Losing Streak     Investors in the Nigerian Exchange Limited gained N7.97bn at the end of trading on Wednesday as equities ended a five-day losing streak. The NGX All-Share Index rose slightly by 0.04 per cent from 37,857.24 basis points on Tuesday...

Stocks Record Weekly Loss As Market Cap Slumps Below N20trn

Stocks Record Weekly Loss As Market Cap Slumps Below N20trn       The Nigerian stock market recorded a loss last week as the market capitalisation of equities fell below N20tn. The Nigerian Exchange Limited All-Share Index depreciated by 0.57 per cent to close the week at 37,994.19 basis...

Dangote Cement Issues N50bn Bonds For Projects Expansion

Dangote Cement Issues N50bn Bonds For Projects Expansion       Dangote Cement Plc, Africa’s largest cement producer, has announced the successful issuance of N50 billion Series 1 Fixed Rate Senior Unsecured Bonds under the company’s new N300 billion Multi-Instrument Issuance Programme. The company said on Wednesday that the...