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As Bulls Remain In Control, Equities Market Rises Further

As Bulls Remain In Control, Equities Market Rises Further Investors’ positive sentiments sustained the bullish trading at the stock market yesterday with the Nigerian Stock Exchange (NSE) All-Share Index (ASI) gaining 0.22 per cent to close at 43,609.77. Although the gain was lower than Monday’s performance,...

Afreximbank Seeks $200m Equity With 67m Shares Listing On NSE

Afreximbank Seeks $200m Equity With 67m Shares Listing On NSE The Africa Export-Import Bank has announced plans to list 67 million shares (depository receipts) on the Nigerian Stock Exchange (NSE) and raise $200 million in third quarter of this year. The Cairo-based lender said its...

NSE: Indices Soar By N370 Billion

NSE: Indices Soar By N370 Billion Ahead of the full year result of listed companies, investors increasing demand for fundamentally sound dividend paying stocks, coupled with high expectations of improved dividend yield, yesterday, buoyed transactions on the trading floor of the Nigeria Stock Exchange (NSE),...

Dumping Of Dangote Cement, Zenith Bank’s Shares Drags Market Down

Dumping Of Dangote Cement, Zenith Bank’s Shares Drags Market Down   Losses at the close of trading on the floor of the Nigerian Stock Exchange, on Tuesday, were driven majorly by sell-offs in Dangote Cement Plc, Zenith Bank Plc and International Breweries Plc. The NSE All-Share Index...

Equities Appreciate As UBA, Access Bank Join NSE Premium Board

Equities Appreciate As UBA, Access Bank Join NSE Premium Board   The Nigerian Stock Exchange has upgraded United Bank for Africa Plc and Access Bank Plc to the NSE premium board, joining Dangote Cement Plc, FBN Holdings Plc and Zenith Bank Plc. Meanwhile, the Nigerian bourse started...

NSE Market Indices Drop By 1.53%

NSE Market Indices Drop By 1.53% Weekly activities at the Nigerian Stock Exchange (NSE) resumed on a depressed note on Monday as the market indices dropped by 1.53 per cent. The News Agency of Nigeria (NAN) reports that the market capitalisation shed N233bn or 1.53 per...