In Four Days, Equities Record N21.7bn Turnover   Equities listed on the Nigerian Stock Exchange have generated turnover worth N21.68bn in one week as the market capitalisation climbed above the N13tn mark on Friday to close at N13.020tn. The stock market opened for four trading days last...

Stanbic Lists 31.5m Additional Shares On NSE   Stanbic IBTC Holdings Plc has listed additional 31,515,400 ordinary shares of 50 kobo each on the Nigerian Stock Exchange. The NSE said in a notice that the additional shares listing resulted from the scrip dividend option given to shareholders...

Sell-offs In Banking Stocks Drive Market N197bn Lower   Banking stocks listed on the Nigerian Stock Exchange led the decrease in market capitalisation by N197bn in one day, following sell-offs witnessed on Monday. The market capitalisation of equities listed on the NSE dropped from N12.804tn, which the...

NSE Records Losses Due To Banking Stocks Sell-off   Transactions on the Nigerian Stock Exchange (NSE) on Wednesday maintained a negative outlook for the third consecutive trading sessions. The News Agency of Nigeria (NAN) reports that the All-Share Index dropped marginally by 0.02 per cent due to...

Dangote Flour Mills Delisted From NSE   The Nigerian Stock Exchange has delisted Dangote Flour Mills Plc from its daily official list. The NSE said in a statement that the action was in reference to a market bulletin dated Monday, October 28, 2019, with reference number NSE/RD/LRD/MB59/19/10/28. This...

7 Banks Gross N547bn Profit In Nine Months Results   Central Bank of Nigeria (CBN) N56bn higher than 2018 Rake in N44.7bn from account maintenance fees A breakdown of the cumulative nine months’ results of the seven banks that have so far submitted theirs to the...