Transactions on the Nigerian Exchange (NGX) Ltd. rebounded by 0.09 per cent on Wednesday, following renewed positive investors sentiment. Consequently, the All-Share Index gained 34.33 points, representing a growth of 0.09 per cent to close at 38,636.15 from 38,601.83 recorded on Tuesday. Similarly, the market capitalisation inched higher by N18 billion to close at N20.220 […]

Negative sentiments persisted on the Nigerian Exchange (NGX) on Tuesday, following profit-taking as Guinness dragged the All-Share Index lower by 0.29 per cent. Specifically, the All-Share Index closed lower by 110.72 points or 0.29 per cent to 38,601.83 against 38,712. 55 posted on Monday. Accordingly, month-to-date and year-to-date losses increased to 1.1 per cent and […]

The local bourse resumed the first trading week on a bearish note with key performance indicators dropping by 0.22 per cent, amid profit-taking in 19 stocks. Specifically, the All-Share Index, which opened the week at 38,648.48 lost 86.64 or 0.22 per cent to close at 38,561.84. Consequently, the month-to-date and year-to-date losses increased to 3.1 […]

11 Plc, formerly Mobil Oil Nigeria Plc, has disclosed plans to delist its shares from the Nigerian Stock Exchange (NSE) by the end of the first quarter (Q1) 2021.

By Peter Egwuatu The Nigerian Stock Exchange, NSE has emerged as the best performing stock exchange in Africa after closing the month of January 2021 on the green territory. Specifically, the All Share Index, ASI ended the week and month of January in green territory. The index kept a clean sheet all week, up +58 […]

The Nigerian Stock Exchange, NSE, on Tuesday, said it compensated no fewer than 49 investors who suffered pecuniary losses to dealing member firms in the course of their transactions in the capital market with N17.02 million.

By Peter Egwuatu The stock market Monday recorded a new high after five months of low activity as the benchmark index, Nigerian Stock Exchange, NSE All Share Index gained 2.1 percent to close at 27,554.56 points from 26,985.77 points on Friday. In similar vein, another major stock market gauge, market capitalisation  up N299.0 billion to […]

VICE Chairman of the Presidential Task Force on Apapa Port Access Roads, Mr. Kayode Opeifa, has said that truck drivers and miscreants had hindered the efforts to reconstruct the Apapa port road and ease the traffic in the area.

Nigerian Stock Exchange, NSE, on Tuesday, halted the over a month losing streak as investors gained N232 billion propelled by banking stocks.

The equities market recorded another huge sell-off today following the announcement, Friday, of first coronavirus case in Nigeria with investors losing N219 billion at the close of trading.