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Stock Market Begins March Positive With N70bn Gain

Stock Market Begins March Positive With N70bn Gain       The nation’s stock market started the month on a positive note on the back of price appreciation recorded by UAC of Nigeria Plc and 11 other firms on Monday. Investors in the market had recorded a total loss...

Stock Investors Lose N1.37trn In One Month

Stock Investors Lose N1.37trn In One Month       Investors in the Nigerian stock market recorded a total loss of N1.37tn in February as market capitalisation tumbled below N21tn amid profit-taking. Investors had gained over N1.13tn in January as the market capitalisation closed at N22.19tn from N21.06tn at...

NSE’s Demutualisation Will Strengthen Investor Confidence – FIRS

NSE’s Demutualisation Will Strengthen Investor Confidence - FIRS     The ongoing conversion of the Nigerian Stock Exchange (NSE) from a not-for-profit, member-owned, mutual organisation to a profit-based public limited liability company will create many benefits and improve investor’s confidence. Executive Chairman, Federal Inland Revenue Service (FIRS), Alhaji...

Stock Investors Gain N30bn As Market Closes Higher

Stock Investors Gain N30bn As Market Closes Higher       Investors in the nation’s stock market gained N30bn on Wednesday as Oando Plc and 21 other firms recorded price appreciation. The Nigerian Stock Exchange All-Share Index rose by 0.14 per cent to close at 40,221.30 basis points while...

NSE Market Capitalisation Appreciates By N27bn

NSE Market Capitalisation Appreciates By N27bn     The market capitalisation of the Nigerian Stock Exchange for the third consecutive day on Wednesday posted further growth increasing by N27bn. The News Agency of Nigeria reported that the market capitalisation rose by N27bn or 0.23 per cent to close...

In Two Years, Foreign Stock Investors Withdraw N1.01trn

In Two Years, Foreign Stock Investors Withdraw N1.01trn       Foreign investors pulled out a total of N1.01tn from the nation’s stock market in the past two years, according to the Nigerian Stock Exchange. The NSE data also showed that the foreign portfolio investors injected N666.40bn into the...