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NSE Issues Red Alert On 51 Deficient Companies

NSE Issues Red Alert On 51 Deficient Companies   THE Nigerian Stock Exchange (NSE) has placed cautionary red alert on 51 quoted companies that failed to comply fully with the comprehensive listing and corporate governance standards at the stock market. The deficient companies represent about 31...

Stock Market Downgrades Oando To Low-priced Stock

Stock Market Downgrades Oando To Low-priced Stock   The Nigerian Stock Exchange has announced the reclassification of Oando Plc from medium-priced stock to low-priced stock. Low-priced stocks are securities that have traded below N5 per share in four out of the last six-month period. The NSE said in...

In 2 months, Stock Market Records Biggest Gain

In 2 months, Stock Market Records Biggest Gain   the nation’s stock market on Wednesday saw its biggest daily gain in over two months as investors gained N120.7bn at the end of trading on the floor of the Nigerian Stock Exchange. The market capitalisation of equities listed...

Dangote Cement Emerges NSE’s Biggest Firm, Overtakes MTN

Dangote Cement Emerges NSE's Biggest Firm, Overtakes MTN   Dangote Cement Plc has regained its position as the biggest listed firm on the Nigerian Stock Exchange as sell-offs were witnessed in MTN Nigeria Communication Plc’s shares on Tuesday. On Monday, MTN Nigeria overthrew Dangote Cement, becoming the...

Stock Investors Lose N186bn In 3 Days

Stock Investors Lose N186bn In 3 Days   Investors in the nation’s equity market lost a total of N186bn in the three trading days witnessed last week. It was a brief trading week as the market opened for three days in observance of the public holidays (Monday...

NSE Rebounds As 18 Firms Gain N19bn

NSE Rebounds As 18 Firms Gain N19bn The equities market opened the week on a positive note as gains in Dangote Flour Mills Plc and 17 other stocks pushed the market higher. Investors gained N19bn as the market capitalisation of equities increased from N13.465tn on Friday...