Nigerian Stocks Beat Global Stocks With N259bn Gains
Nigerian stocks played the contrarian at the weekend with a net capital gain of N259 billion in a week marked by general decline in share prices across the global advanced and emerging markets.
A market-wide rally drove the...
Stock Market Extend Gains With N59bn
The local bourse extended gains for the third consecutive trading session as a result of price appreciation in Guaranty (+4.2percent), WAPCO (+6.8%), and UBN (+5.3%).
This pushed market capitalisation by N59.0bn to close at N20.5tn even as the All-Share index...
NSE: Market Resumes From Easter Holidays With N78bn Loss
The Nigerian stock market resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due to persistent bearish trend, the News Agency of Nigeria reports.
Specifically, the All-Share Index lost 150.13 points...
Fuel Marketing Companies' Revenue Decline By N331.54bn
Five of the major oil marketing companies in the country saw their total revenue plunge by N331.54bn last year amid the impact of the COVID-19 pandemic.
The companies, including Total Nigeria Plc and Conoil Plc, saw their combined revenue...
Stock Investors Lost N395bn In March
Investors in the Nigerian stock market lost N395bn in March as the market capitalisation of equities declined further.
The Nigerian Stock Exchange All-Share Index closed the month at 39,045.13 basis points from 39,799.89 on Feb. 26.
The market capitalisation fell to...
NSE Begins Week With N145bn Gain
The nation’s bourse resumed a new trading week on Monday with a growth of N145bn due to buying interest in MTN Nigeria and 27 other stocks, the News Agency of Nigeria reports.
Specifically, the market capitalisation which opened the week...
