Nigerian Equities Net N2.35trn Gain In November         Investors in Nigerian equities recorded their biggest gain in recent months in November as sustained bargain-hunting saw the market closing with a net capital gain of N2.35 trillion, about 22 per cent above N1.93 trillion recorded as net...

Despite COVID-19 Harsh Conditions, Banks’ Profits Rise To N677bn       Despite the economic meltdown caused by the COVID-19 pandemic, the nine months 2020 financial results of 12 commercial banks have shown that they recorded a combined profit of N677.149 billion for the period that ended on...

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,...

States Borrow N900bn From Capital Market         The Securities and Exchange Commission (SEC), has disclosed that state governments in Nigeria have borrowed not less than N900 billion from the capital market since 1978. The Director General, SEC, Mr Lamido Yuguda, disclosure this at a webinar organised by...

Jaiz bank grows Q3 profit by 48% Jaiz Bank Plc, Nigeria’s premier non-interest bank has recorded another impressive performance in the 3rd quarter of 2020. The Bank’s 3rd quarter results ended September 30, 2020, which was submitted to the Nigerian Stock Exchange (NSE) showed that profits...

Nigerian Equities Cross N16trn Mark With N133bn Gain       Nigerian equities crossed the N16 trillion mark to market capitalisation of N16.064 trillion yesterday after a major rally by Dangote Cement roused the market to net capital gain of N133 billion. Aggregate market value of all quoted equities...