Stock Market Gains N59bn On Blue Chip Firms         Nigerian stock market on Thursday returned to green route as the overall performance measures, NSE ASI and market capitalisation, rose further by 0.40 per cent. The market breath closed positive with 21 gainers against 12 decliners. Consequently, the All-Share...

Nigeria Loses N1.06trn Oil Revenue Target – NNPC         Nigeria’s N2.6 trillion oil revenue target declined by 40 per cent (N1.06) as a result of twin shocks of COVID-19 and low crude oil price, the Nigeria National Petroleum Corporation (NNPC) has disclosed. The Group Managing Director of...

Shareholders Approve Delisting Of 11 Plc From NSE         Shareholders of 11Plc (formerly Mobil Oil Nigeria Plc) have approval to the company’s proposals to voluntarily delist from the Nigerian Stock Exchange. The approval was part of the resolution at the company’s Annual General Meeting held in Abuja. The...

Oil & Gas Firms Raise N400bn From Capital Market - Onyema         Companies in the oil and gas sector have raised over N400 billion across several asset classes using the Nigerian Stock Exchange (NSE) platform in recent years, the chief executive officer (CEO) of the Exchange...

GTB, Zenith, UBA Account For N15.88bn Transactions         The most traded stocks on the floor of the stock market last week were United Bank for Africa Plc, Guaranty Trust Bank Plc and Zenith Bank Plc (measured by volume) as they accounted for 88×5.52 million shares worth...

Stock Market Index Loses N1bn As Blue-chip Stocks Decline       Following price losses suffered by some blue-chip companies, transactions on the Nigerian Stock Exchange (NSE) declined marginally yesterday with the all-share index (ASI) depreciating marginally by 0.007 percent. It closed at 28,344.04 as against the 28,344.33...