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Stock Market On A Straight 5day Fall

Stock Market On A Straight 5day Fall   The stock market continued its losing streak on Wednesday, as the market capitalisation of equities listed on the Nigerian Stock Exchange fell for the fifth straight day. The market capitalisation dropped to N14.543tn from N14.579tn on Tuesday, while the...

MTN plans to raise $500m from stock market

MTN plans to raise $500m from stock market Nigeria’s biggest mobile-phone company, MTN, plans to raise about $500 million from the sale of shares during the first half of the year. The move is to enable the company in fulfilling the terms of a deal struck...

NSE Market Capitalisation Sheds N187bn On Continuing Profit Taking

NSE Market Capitalisation Sheds N187bn On Continuing Profit Taking Profit taking at the stock market continued yesterday as more stocks shed value under sell pressure. A total of 43 equities depreciated while only 14 appreciated. As a result, the Nigerian Stock Exchange (NSE) All-Share Index...