Dangote Cement, 13 others drag equity market further down

Bearish trend continued in the Nigerian stock market on Wednesday on the back of decline recorded by largely capitalized stocks. Drop by Dangote Cement, Nigerian Breweries and 12 other losers dragged the bourse down by 0.79 per cent, sustaining negative sentiment for the second day straight. The All Share Index (ASI) slipped by 257.62 absolute points, More...

by Felix OLOYEDE | Published 2 weeks ago
By Felix OLOYEDE On Wednesday, September 26th, 2018
0 Comments

Equity market resumes bearish trend, drops 0.46%

L–R: Mrs. Favour Femi-Oyewole, Head, Information Security, The Nigerian Stock Exchange (NSE); Dr. Greg Jobome, Board Member, Risk Management Association of Nigeria (RIMAN); Mr. Bola Adeeko, Head, Shared Services More...

By Felix OLOYEDE On Saturday, September 22nd, 2018
0 Comments

Equity market extends positive sentiment by 0.18%  

The Nigerian equity market had its second consecutive rally on Friday, gaining 0.18 per cent, buoyed by sustained buy pressure. Sustained positive trading pushed the All Share Index (ASI) up by 59.28 absolute points, More...

By Felix OLOYEDE On Saturday, September 22nd, 2018
0 Comments

 Why Polaris Bank was set up to take over Skye Bank—NDIC

NDIC Managing Director/CEE, Alhaji Umaru Ibrahim FELIX OLOYEDE The need to ensure the safety of depositors’ funds propelled the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) to More...

By Felix OLOYEDE On Monday, September 17th, 2018
0 Comments

Stanbic IBTC, Vetiva, PZ Come Tops at 5th NSE Corporate Challenge

L-R: Tinuade Awe, Executive Director, Regulation, The Nigerian Stock Exchange (NSE); Mr. Kamarudeen Kareem Oladosu, National Council Member, NSE; Austin Ani, StanbicIBTC, Winner of the 2018 NSE Corporate Challenge; More...

By Felix OLOYEDE On Monday, September 17th, 2018
0 Comments

UBA leads pan-African banking

Kennedy Uzoka, GMD, UBA By OKEY ONYENWEAKU Despite recent bleak pictures painted about the Nigerian Economy by international organisations, the United Bank for Africa (UBA) has kept a firm focus on building up its More...

By Felix OLOYEDE On Thursday, September 13th, 2018
0 Comments

Equity market maintains downtrend as sell-Off persists

    The Nigerian Stock Exchange FELIX OLOYEDE Continuous sell-off by investors stretches the Nigerian equity market’s decline to eight trading sessions as losses recorded by medium and large capitalized More...

By Felix OLOYEDE On Wednesday, September 12th, 2018
0 Comments

Nigerian equity market plunges to two year low

The Nigerian Stock Exchange The Nigerian Stock Exchange continued to slide, recording its worst performance in two years on Wednesday. The bourse shed -3.46 per cent, which was the highest loss it has suffered since More...

By Felix OLOYEDE On Tuesday, September 11th, 2018
0 Comments

NSE reclassifies E-Tranzact’s stock from medium priced to low priced

Due to protracted under performance, the Nigerian Stock Exchange has reclassified E-Tranzact International Plc from Medium Priced Stock to Low Priced Stock. The exchange explained in a release on Tuesday that it More...