Stock Market Drop By 4.28%, Highest In 47 Weeks   Nigerian stocks suffered the highest weekly loss since April 2019 as sell pressure dominated market activities on increasing regulatory pressures and the first case of the Coronavirus confirmed in the country last week. Trading activities on the...

Stock Investors Gain N720bn In 8 Consecutive Trading Days   Equity investors have counted gains totalling N720bn as the stock market extended its gaining streak to the eighth consecutive day. The market capitalisation of equities rose to N13.316tn at the end of trading on the floor of...

GTB,UBA, Others Near One-year Low On NSE   The persistent bearish performance of stocks at the Nigerian Stock Exchange in recent times has seen prices of large cap stocks decline rapidly dropping to one-year low levels and two-year low levels in some cases. Stocks such as Dangote...

As Stocks Grow On Tariff Bets, Treasury Yields Fall Stocks climbed on optimism that Mexican tariffs will be avoided, while Treasury yields fell as data bolstered rate-cut wagers. Oil entered a bear market after U.S. supplies jumped the most in almost 30 years, according to Bloomberg. The...

Investors Profit N120.5bn As Stocks Rise Up Investors in the nation’s stock market gained N120.5bn on Wednesday as the market sustained its bullish run for five consecutive days. The market capitalisation of equities listed on the Nigerian Stock Exchange increased from N11.238tn on Tuesday to N11.359tn...

Auto Industry Gets 3year Hit In Profit, Stocks   The nation’s automobile industry has been reeling under the pangs of harsh operating environment, just as the bottom-line of the sector’s listed equities, since 2015, remained subdued, with gloomy outlook, due to policy challenges. Indeed, most hit, within...