Bears clobber Bulls in major rout

By FELIX OLOYEDE After a stellar 2017, The Nigerian Stock Exchange (NSE) has collapsed to becoming the fourth worst performing equity market on the global over the last six months as political pressure and a United States of America (USA) interest rate hike intensify investor’s apathy. The Nigerian Stock Exchange The local bourse plunged 18.24 per More...

by Uchenna Ajah | Published 7 days ago
By Uchenna Ajah On Monday, July 23rd, 2018

Shareholders bemoan Oando’s deepening crises

–as court orders top executives to pay N245 billion By OKEY ONYENWEAKU It seems the woes of oil producing and marketing company, Oando Plc, will never end. Just smarting from the problems and controversy that More...

By Uchenna Ajah On Sunday, July 15th, 2018

MTN to miss market listing target

By OKEY ONYENWEAKU A weak domestic economy in Nigeria may force telecommunications giant MTN to shift its earlier proposed August 2018 date for a local listing on the Nigerian Stock Exchange (NSE). Analysts believe More...

By Felix OLOYEDE On Wednesday, July 11th, 2018

Weak purchasing power responsible for slowing inflation rate, says Chukwu

FELIX OLOYEDE The continuous decelerating inflation rate in the country was largely due to weak purchasing power amongst Nigerians, said Johnson Chukwu, Managing Director, Cowry Asset Management Ltd. Speaking on More...

By Uchenna Ajah On Sunday, July 1st, 2018

Investors bemoan slow market

By TESLIM SHITTA-BEY After a sizzling 2017 performance with market yield closing at a striking 46 per cent by December, second quarter 2018 has proven to be a major disappointment with mid-quarter market yields More...

By Uchenna Ajah On Monday, June 11th, 2018

Rising Price of Crude: Mixed performance trail Oil and Gas companies

By OKEY ONYENWEAKU Contrary to investor expectations the Oil and Gas sector of the local stock market is failing to provide the market with the boost needed to shake it out of a bearish rut. Indeed, the sector seems More...

By Uchenna Ajah On Sunday, June 3rd, 2018

Bears maul Bulls as investors take flight

—Analysts fear more loses By OKEY ONYENWEAKU With Nigerian Stock Market Index turning negative growth after 19 weeks of positive year to date yields, investors are becoming increasingly jittery over the markets More...

By Uchenna Ajah On Wednesday, May 16th, 2018

Shareholders caution Oando against Ansbury reconciliation

Some shareholders of Oando Plc on Wednesday cautioned its management against moves to reconcile with Ansbury Investments Incorporated, owned by Mr Gabriele Volpi. Oando  The shareholders: Pacesetters Shareholders More...

By Uchenna Ajah On Monday, April 30th, 2018

2019: Bulls take fright as market rally loses steam

By TESLIM SHITTA-BEY With the stock market looking drowsy from a fast-paced marathon race last year, bulls seem to have gone into a deep sleep as bears continue to prowl. Year to date yields on the Stock Exchange More...