A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Just within the first three trading days of this week, the Nigerian stock market fully reversed the fortunes it garnered in the first month of the trading year 2019, recording a whopping N105 billion losses to investors.
Read More The roller-coaster ride on Wall Street resumed on Wednesday, the first trading day of the new year, as stocks plunged early on, then slowly recovered and finished with a slight gain.
Read More The year 2018 was not so rosy for the Nigerian Stock Exchange (NSE) as its crucial indicators depreciated by 19.77 per cent due to uncertainties surrounding the forthcoming general elections.
Read More A huge rally in the last trading day at the Nigerian Stock Exchange, NSE, yesterday which gained 1.27 perccent could not save the market from abysmal negative full year result. In the end the market recorded -17.8 percent loss for the year 2018.
Read More Operators in the stock market have said that the bearish trend that plagued the market last week will continue even as investors lose N293.69 billion in their equity investments.
Read More DESPITE the heightened political tension in the country ahead of the 2019 general election and increasing yield in the United States of America, which have necessitated sell-off in the Nigerian stock market in the last few months, foreign investors seem to be raising their stake in the equity market as foreign portfolio investment, FPI, which has been wobbling since the beginning of year, has started an upward move.
Read More ON the back of the persistent decline in the equities market and anticipation of release of third quarter 2018 (Q3’18) earnings reports by quoted companies, operators in the market have urged investors to adjust their portfolio to accommodate stocks with history of resilient revenue growth and consistent dividend payment.
Read More The bear crush on the Nigerian stock market continued last week as the stretching into 7th consecutive trading sessions bringing total losses so far this year as at close of business last weekend to N1.8 trillion.
Read More The stock market closed lower on Thursday shedding 0.84 percent to extend downtrend to seven consecutive trading sessions as sell- off persists.
Read More The Nigerian Capital Market Committee (CMC) held its second quarterly meeting for the year 2018 recently. The Acting Director General of Securities and Exchange Commission, SEC, Ms Mary Uduk , in an interview immediately after the CMC , spoke on issues bothering on regularisation of shares accounts, e-annual reports of companies, minimum operating standards by operators, amongst others.
Read More The Nigerian stock market may face further sell-offs in the coming weeks following the lingering crisis in the global economic space, investment experts have said.
Read More The series of tensed political developments in Nigeria coupled with some negative macroeconomic statistics have taken a huge toll on the competitiveness of Nigeria’s stock market, crashing the ranking of the Nigerian Stock Exchange, NSE, to worst performing in Africa 2018Year-to-Date,YtD.
Read More Positive investors’ sentiment on the stock market on Tuesday lifted the Nigerian Stock Exchange, NSE All Share Index higher, ASI by 0.28 percent to close at 34,933.68 points, compared, with the depreciation of 0.03 percent recorded on Monday.
Read More Positive investors’ sentiment on the stock market on Tuesday lifted the Nigerian Stock Exchange, NSE All Share Index higher, ASI by 0.28 percent to close at 34,933.68 points, compared, with the depreciation of 0.03 percent recorded on Monday.
Read More CAPITAL market operators, under the aegis of Association of Stockbroking Houses of Nigeria (ASHON) have decried the volatility in the stock market which has led to loss of over N701 billion or 5.2 percent of investors’ investment for the eight month period ended August 29, 2018, blaming it on heated political environment.
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