In 11 Months, Foreign Stock Investors Withdrew N433.15bn – NSE         Foreign investors pulled out a total of N433.15bn from the nation’s stock market from January to November this year, compared to N481.96bn in the same period of 2019, a new report by the Nigerian Stock...

NSE Reopens Trading With N167bn Gain After Christmas Holidays        The Nigerian Stock Exchange reopened trading on Tuesday after the holidays to mark Christmas and Boxing Day celebrations with the All-Share Index crossing 39,000 mark. Specifically, the All-Share Index which opened at 38,800.01 inched higher by 310.16...

Stock Market Sets New Milestone, Crosses N20trn Capitalisation         The market capitalisation of the Nigerian Stock Exchange (NSE) crossed N20 trillion capitalisation for the first time in the history of equity market last week, indicating an inflow of more funds into the market. The bullish sentiment continued...

Fed Govt Records 17.3% Shortfall In Companies’ Income Tax         Against the backdrop of pressures on the Federal Government’s finances and 2020 budget revenue estimates, an indication has emerged that the government may have already recorded a shortfall of 17.3 per cent in the Company Income...

Jaiz Bank Targets N6.15bn Gross Earnings In Q1, 2021       Jaiz Bank Plc has said it is projecting to achieve N6.15bn gross earnings for the first quarter of 2021. In its Q1 earnings forecast obtained from the Nigerian Stock Exchange, the bank also projected to rake in...

Stock Market Extends Gain With N334bn         Nigerian equity market on Monday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation rose further by1.73 per cent. However, market breadth closed flat with 23 gainers against 23 decliners. Consequently, the All-Share Index grew by...