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NSE Records Marginal Gain, Grows By N1bn

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...

Wema Bank Plans N20bn Bond Deal By July

Wema Bank Plans N20bn Bond Deal By July     Wema Bank Plc plans to raise N20 billion from the bond market by July and aims to pay a dividend this year for the first time in a decade, paving the way for an equity sale next...

Stock Market begins on Negative tract

The equities market closed yesterday on a negative note, as the Nigerian Stock Exchange (NSE) All Share Index (ASI) and market capitalisation depreciated by 0.70 per cent each. At the close of business, there were 10 gainers and 22 losers, which drove the ASI...

Stock Market Closes Flat as 22 Stocks Appreciate

The Nigeria Stock Exchange closed flat on Wednesday after a 0.02 per cent gain. Market capitalisation rose marginally by N1bn to close at N9.691tn from N9.690tn recorded on Tuesday. The All-Share Index also closed at 28,214.57 basis points from 28,209.93 basis points. A total of 3.095...

Banks Adopt ‘Survival’ Strategies on Frail Macro Environment

The tough macroeconomic environment is obviously taking its toll on commercial banks as well as other financial institutions with most of them adopting various strategies to remain afloat. The impact of the tough operating environment clearly manifested in the recently released half year results posted...