15 Stocks Lead As NGX Gain N48bn   The bulls maintained dominance on the equities sector of the Nigerian Exchange Limited (NGX), occasioned by gains in Seplat and 14 stocks, as market capitalisation increased by N48 billion. The All-Share Index (ASI) grew by 88.20 absolute points, representing...

Oil Prices Surge Amid Russia-Ukraine Tensions   Oil rose to its highest since 2014 yesterday after Moscow ordered troops into two breakaway regions in eastern Ukraine, adding to supply concerns that are pushing prices towards $100 a barrel. Brent crude, the global benchmark, was up $1.93, or...

Stocks Rebound As Capitalisation Rises By N3bn   Following renewed bargain hunting in the shares of some blue-chip companies, the Nigerian equities’ market reversed losses to close in an upbeat yesterday, causing market capitalisation to appreciate by N3 billion. In summary, the all-share index (ASI) grew by...

Investors Record N260bn Weekly Gain As 32 Stocks Rise   Investors in the Nigerian stock market gained N260bn as 32 firms saw their share prices rise at the end of trading last week. The Nigerian Exchange Limited All-Share Index and market capitalisation appreciated by 1.12 per cent...

Profit-taking In Large-cap Stocks Triggers N153bn Loss   The equities market of the Nigerian Exchange Limited lost N153.15bn at the end of trading on Monday as investors took profits in large-cap stocks. The NGX All-Share Index declined by 0.71 per cent to 41,144.67bps from 41,438.15 basis points...

NGX Rebounds As Capitalisation Rises By N11bn             The Nigerian equities market halted its three consecutive days of losses yesterday, as a result of renewed appetite in some blue-chip stocks, causing investors’ wealth to appreciate by N11 billion. Consequently, the Nigerian Exchange Limited’s (NGX) All-Share Index (ASI)...