Nigerian equities market goes bearish after hitting over nine year high

FELIX OLOYEDE Profit-taking caused the Nigerian Stock market to go bearish for the first time this week after reaching over nine year high on Wednesday. The All Share Index declined -0.08 per cent to close at 44,848.74 point on Thursday after hitting 44885.24 point the previous day, the highest since September 2008 when it closed 48361.51 point. The More...

by Felix OLOYEDE | Published 5 days ago
By Felix OLOYEDE On Wednesday, January 17th, 2018

Political activities, currency movement to impact stock market in 2018, says NSE CEO

FELIX OLOYEDE Oscar Onyema, CEO, Nigerian Stock Exchange Activities leading to the 2019 general election and foreign exchange movement would affect the Nigerian Stock Exchange in 2018, Oscar Onyema, Chief Executive More...

By Felix OLOYEDE On Wednesday, January 10th, 2018

Nigerian equities market reaches 38 month high as investors position for positive year-end results

FELIX OLOYEDE Oscar Onyema,CEO, Nigerian Stock Exchange The Nigerian Stock Market continues to sustain the momentum it ended 2017 as its All Share Index hits 40,362.97 points on Tuesday, the highest it has attained More...

By Felix OLOYEDE On Thursday, December 14th, 2017

Profit taking drags equities market down

The Nigerian Stock Exchange The All Share Index (ASI) of The Nigerian Stock Exchange (NSE) was down -1.00 per cent on back of profit taking by investors. The bourse closed at 38,534.64 basis points against Tuesday’s More...

By Felix OLOYEDE On Thursday, December 14th, 2017

Lafarge names Alode new company secretary

Lafarge Africa Lafarge Africa Plc has appointed Mrs Adewunmi Alode its new company secretary. In a release signed by the company’s group managing director, Michel Puchercos, which was sent to The Nigerian Stock More...

By Felix OLOYEDE On Monday, October 23rd, 2017

How UBA Defied gloom: Grows profits and stock value

By OKEY ONYENWEAKU Kennedy Uzoka, GMD UBA Sweeping past recession troubles, United Bank for Africa (UBA) has grown its third quarter (Q3) 2017 profit by 33.2 per cent, one of the strongest year-on-year earnings More...

By Felix OLOYEDE On Monday, October 16th, 2017

Shareholders call for sack of Oando Management as crisis worsens

OKEY ONYENWEAKU These are tough times for local oil and gas giant, Oando Nigeria Plc and not many of its shareholders are smiling. The company Wale Tinubu, MD, Oando Plc. has been embroiled in a series of crisis More...

By hallmarknews On Sunday, August 6th, 2017
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Financial Market RoI: Zenith, Fidelity, GT Bank, Access,UBA Promise Bumper Harvest

Okey Onyenweaku   | Investors are on the verge of a dividend bonanza as a growing number of banks audit their half year 2017 results. Judging from experience of the recent past banks that audit their half year More...

By hallmarknews On Wednesday, January 13th, 2016

Germany to attract more investors to Nigeria

The Consul-General of Germany in Lagos, Mr Ingo Herbert, on Wednesday announced his government’s readiness to encourage more German companies and investors to increase their investments in Nigeria. Herbert disclosed More...