Stock Market Extends Losses By N12bn       The stock market extended losses to three consecutive sessions yesterday, causing market capitalisation to depreciate further by N12 billion. At the close of transaction yesterday at the Nigerian Exchange Limited (NGX), the market capitalisation of listed equities declined by 0.06...

Stock Market Declines As 14 Firms Record Losses       The stock market closed on a negative note on Monday as 14 companies saw their share prices decline at the end of trading on the Nigerian Exchange Limited. The NGX All-Share Index fell by 0.44 per cent to...

12 Banks Earned N461.51bn Interest In Three Months       Twelve commercial banks in Nigeria earned a total of N461.51bn in net interest income in the first three months of this year, up from N451.14bn in the same period of 2020. An analysis of data from their unaudited...

In Nine Months, 12 Banks Earn N133.92bn From E-payments         Increased investment in technology and the introduction of new online payment channels have earned Nigerian banks N133.92bn. The adoption of electronic channels for financial transactions earned 12 Deposit Money Banks about N133.92bn revenue in the first nine...

Stock Market Advances With N5bn Gain       The bulls maintained their grip on the market activities, following gains recorded majorly by blue-chip stocks as investors positioned to leverage undervalued stocks. The key market performance measures, the NSE All Share Index and market capitalisation rose by 0.03 per...

Stock: Market Extends Gain With N106bn         Trading activities on the equity market on Tuesday further closed upbeat as investors continued to take position on blue-chip stocks in anticipation of a fair third-quarter results. The key market performance measures, the NSE All-Share Index rose by 0.70 per...