Activities on the Nigerian Stock Exchange (NSE) on Monday maintained the downward trend with the market capitalisation shedding N46 billion following the profit taking by investors.Read More
Union Bank of Nigeria (UBN) Plc has recorded N5.4 billion profit before tax, PBT, for the first quarter, Q1, ended March 31, 2018, representing 16 percent increase compared to N4.7 billion recorded in Q1’17.Read More
TWO top banks in Nigeria, Zenith Bank Plc and Guaranty Trust Bank, GTBank Plc, yesterday, released their unaudited third quarter, Q3, 2017 results, posting a combined group Profit Before Tax, PBT of N302.58 billion.Read More
AFTER benefiting hugely from the newly introduced Import & Export Forex window and some impressive quarter one corporate results last week, the equities market will be set for a round of profit taking this week, analysts have said.Read More
The stock market opened the week on a negative note yesterday as investors begin to cash in on previous gains recorded in the last five sessions.
Consequently, the market capitalisation of listed equities declined by N38 billion from N9.059 trillion on Friday to N9.021 trillion, representing 0.4 per cent decline. Similarly, the All Share Index, ASI, fell by 0.4 per cent to settle at 26, 217.18 points from 26,328.22 points, thereby worsening the year-to-date loss by 2.4 per cent.