In spite of the 0.31 per cent appreciation recorded by the Nigerian Stock Exchange (NSE) All-Share Index and market capitalisation at the close of last trading week of the third quarter of 2016, shareholders lost N432 billion during the period under review. The NSE All-Share...

The NSE market capitalisation slid to N9.699tn from N9.703tn, while the All-Share Index closed at 28,236.23 basis points from 28,248.86 basis points. A total of 159.046 million shares valued at N1.454bn were trading in 3,237 deals. The NSE ASI declined by four basis points following continued...

Transactions on the floor of the Nigerian Stock Exchange (NSE) yesterday sustained declining profile as investors wealth depreciated by N7 billion. Specifically, the market capitalisation of listed equities dropped by 0.05 per cent to N13.791 trillion from N13.791 trillion traded the previous day. Also, the NSE...

Dreams of lower construction costs by prospective homeowners might have become a nightmare, going by fresh increase in the price of cement products by manufacturers. The development has already triggered a ripple effect in the open market, with prices going up by about 44 per...

The Nigerian stock market crashed by N1.732tn within one year of the Muhammadu Buhari-led Federal Government. The Nigerian Stock Exchange data showed that the NSE market capitalisation on May 28, 2015 was N11.658tn, while that of May 27, 2016 was N9.926tn. According to the Punch, the...

United Bank for Africa (UBA) Plc has declared N18 billion in its profit after tax for the unadited first quarter ended March 31, 2016. The bank result released on the Nigerian Stock Exchange (NSE), yesterday showed that gross earnings stood at N74 billion for the...