NSE Admits United Capital’s N10bn Bond     The Nigerian Stock Exchange (NSE) yesterday admitted United Capital Plc’s N10bn 5 Year 12.5 per cent Senior Unsecured Fixed Rate Series I Bonds Due 2025 under the N30bn Debt Issuance Programme on Daily Official List of the Exchange. The bond...

Stock: Investors Lose N38bn, Market Falls Further     Trading activities on the floor of the Nigerian Stock Exchange closed on a negative note on Wednesday to sustain negative sentiment following losses recorded by some blue-chip firms. The market breadth equally closed negative, with seven gainers against 23...

33 Listed Firms’ Profit Declines By N96bn In H1     At least 33 listed companies on the floor of the Nigerian Stock Exchange, who have so far published their half year result, have seen their cumulative profit after tax drop by N95.8 billion. The firms’ profits dropped...

Stock Market Extends Weekly Gains By N160bn     Trading activities on the floor of the Nigerian Stock Exchange sustained positive sentiment last week as the NSE All-Share Index and market capitalisation appreciated by 1.17 per cent to close at 25,605.64 and N13.36tn respectively. All other indices finished...

NSE Suspends Six Quoted Firms     The Nigerian Stock Exchange has suspended six quoted firms for their inability to file corporate accounts as required. The suspended companies include FTN Cocoa Processors Plc, Medview Airline Plc, Niger Insurance Plc, R.T. Briscoe (Nigeria) Plc, Union Dicon Salt Plc, and...

Investors Shun Cheap Stocks In Nigeria – Report       Nigerian stocks are signalling better returns than less-risky local debt markets, where rates are at the lowest in a decade. Yet investors are shunning the opportunity, wary of a mix of domestic and external threats, according to Bloomberg. Trading...