Nigerian banking stocks headed for the biggest drop in three and a half years as investors showed their displeasure at the lack of clarity from policymakers since they flagged a change in foreign-exchange policy more than a week ago. The Nigerian Stock Exchange Banking 10...

The Nigerian stock market crashed by N1.732tn within one year of the Muhammadu Buhari-led Federal Government. The Nigerian Stock Exchange data showed that the NSE market capitalisation on May 28, 2015 was N11.658tn, while that of May 27, 2016 was N9.926tn. Market capitalisation is the total...

Yesterday was another bullish day for stock investors as equity trading on the floor of the Nigerian Stock Exchange (NSE) yielded N212 billion profit, making the market capitalisation to close at N9.918 trillion. The profit recouped yesterday represented 2.18 per cent growth in the worth...

The Nigerian Stock Exchange All-Share Index on Wednesday posted the biggest return since the beginning of this year, as investors reacted positively to the Central Bank of Nigeria’s Monetary Policy Committee’s decision to allow a flexible foreign exchange regime. The market capitalisation appreciated by N354bn...

The equity market shed N35bn at the close of trading on the floor of the Nigerian Stock Exchange on Monday due to what analysts described as the consequence of the negative growth of the country’s Gross Domestic Product. The NSE market capitalisation dropped to N9.278tn...

The Nigerian Aviation Handling Company (NAHCO) has invested N1.4billion to upgrade infrastructure and equipment since after privatization, its Managing Director, Nobert Bielderman has disclosed. The MD who made this known when he led other management staff of the company on courtesy visit to the Acting...