Stock Market: 14 Companies Raise N340bn In Rights Issue Boom —Lafarge Africa,Unilever, 3 Others Lead With 94% Prompted by increased investor confidence in the Nigerian economy, especially in the stock market, positive economic growth outlook, fourteen companies quoted on the Nigerian Stock Exchange, NSE raised...

Nigerian Equities Market Rebounds on Bargain Hunting Nigerian equities market witnessed a rebound wednesday after two days of bearish as the Nigerian Stock Exchange (NSE) All-Share Index appreciated by 0.40 per cent to close at 37933.86. The market had been bearish Monday on profit taking. However,...

NSE All-Share Index Gains 1.2% As Equities Market Extends Bullish Run The Nigerian equities market extended its bullish run for the fourth consecutive day this week as investors’ positive sentiments continued. As a result, the Nigerian Stock Exchange (NSE) All-Share Index (NSE ASI) appreciated by...

14 Banks Incur N368.3bn Bad Loans In 9 months Stakeholders in divergent views over implications By Peter Egwuatu THE trending economic recovery news in the third quarter of 2017 (Q3’17)/ first nine months 2017 (9-M’17), did not prevent the banking sector from some misery in...

Price losses outweighed gains on the equity sector of the Nigerian Stock Exchange (NSE) yesterday, as most blue chip stocks depreciated in price, causing market capitalisation to plunge by N67billion.   Yesterday, 22 stocks depreciated in price, as Nigerian Breweries emerged the day’s highest price...

The National Council President, Nigerian Stock Exchange (NSE), Mr. Abimbola Ogunbanjo, has revealed that a survey conducted by Enhancing Financial Innovation & Access (EFIA) on access to Financial services in Nigeria, indicated that over 40.1 million Nigerian adults are financially excluded. Speaking during the 21st...