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NASCON Plans New Projects to Boost Returns, Efficiency

NASCON Plans New Projects to Boost Returns, Efficiency NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited, has said that it is investing in backward integration project as a strategy to diversify and add more value to both its shareholders and the Nigerian economy. Chairman,...

Meristem Stockbrokers Records N339bn Transactions On NSE, Ranks Second After Stanbic IBTC

Meristem Stockbrokers Records N339bn Transactions On NSE, Ranks Second After Stanbic IBTC Meristem Stockbrokers Limited, a subsidiary of Meristem Securities Limited has ranked second by value of equities transactions on the Nigerian Stock Exchange (NSE) out of the top 10 stockbrokers for the year 2017. Stockrokers’...

Equities Gain N11bn, Pharma-Deko Recorded N6.92m Q3 Loss

Equities Gain N11bn, Pharma-Deko Recorded N6.92m Q3 Loss Equities, on Monday, closed in the green as the Nigerian Stock Exchange market capitalisation appreciated by N11bn. A total of 500.192 million shares worth N6.356bn exchanged hands in 4,966 deals. The All-Share Index closed the trading day at 37,974.58...

Dangote Cement, Nestle Lift Equities By N53bn

Nigerian equities rebounded as large-cap stocks rallied the market to a net capital gain of N53 billion. Benchmark indices at the Nigerian Stock Exchange (NSE) showed average day-on-day gain of 0.44 per cent, representing net capital appreciation of N53 billion. The All Share Index (ASI)-the...

Market Capitalisation Records 1.4 Percent

Heavy share price gains recorded by some companies, especially Dangote Cement, and Guinness lifted the Nigerian Stock Exchange (NSE) market capitalisation by 1.4 per cent. Specifically, at the close of trading yesterday, the market capitalisation of listed equities increased by N175billion or 1.42 per cent...

Market Capitalisation Nosedive As Equities Shed N86bn

The Nigerian Stock Exchange market capitalisation has dipped to N13.080 trillion from N13.166 trillion as the equities market shed N86 billion. A total of 316.122 million shares valued at N4.224bn were traded in 4113 deals; of which the NSE All-Share Index closed at 37,950.96 basis...