GTB, Zenith, UBA Account For N15.88bn Transactions
The most traded stocks on the floor of the stock market last week were United Bank for Africa Plc, Guaranty Trust Bank Plc and Zenith Bank Plc (measured by volume) as they accounted for 88×5.52 million shares worth...
NSE Records Marginal Gain, Grows By N1bn
Transactions on the floor of the Nigeria Stock Exchange on Wednesday recorded a marginal gain to sustain a positive outlook.
However, the NSE- All Share Index closed flat with the market breath closing positive with 14 gainers against 11...
Equity Market Ends Downturn, Records Marginal Gain
Transactions on the floor of the Nigerian Stock Exchange on Tuesday recorded marginal gain to halt four days losing streak.
The market breadth closed positive with 18 losers against 15 gainers.
Consequently, the All-Share Index gained 6.55 basis points or...
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...
The African Development Bank Group (AfDB) and Nigeria’s United Bank for Africa (UBA) have signed a $150 million loan agreement to finance Small and Medium Scale enterprises (SMEs).
The loan was initiated to also finance infrastructure and women-owned enterprises in Nigeria, AfDB has said.
“The Fund...
Banks have defied the recession as they continued to post huge profits in their third quarter results.
Ten out of 15 quoted banks on the Nigerian Stock Exchange have submitted their unaudited results as of September 2016 where five out of them recorded increases in...
