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 to be in a depressed mood that even global oil price increases have found difficult to dislodge as stock prices of large-tier oil marketers More...

by Uchenna Ajah | Published 1 week ago
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 Sunday, June 3rd, 2018

Stocks: Investors search for locked value

By TESLIM SHITTA-BEY As the Nigerian Stock Exchange’s All Shares Index (ASI) dips below a year-to-date yield of below 5 per cent (3.01 per cent at the close of the previous week) a growing number of investors More...

By Uchenna Ajah On Wednesday, May 30th, 2018

NSE: Nestle tops losers’ chart

Nestle one of the most highly capitalised equity on Wednesday at the Nigerian Stock Exchange (NSE) recorded the highest loss to lead the losers’ pack with N60 to close at N1,540 per share. NSE market indices extend More...

By Uchenna Ajah On Sunday, May 27th, 2018

Delayed budget, election anxieties hamper growth

  FELIX OLOYEDE The late signing of the 2018 budget five months into the year has spurred apprehension amongst local economists and foreign investors about the shape of the economy by the coming year-end. Analysts More...

By Uchenna Ajah On Thursday, May 24th, 2018

Zenith Bank shares depreciates by 95k

Zenith Bank plc shares on Thursday at the Nigerian Stock Exchange (NSE) depreciated by 95k to close at N27, The News Agency of Nigeria (NAN) reports. Zenith bank Plc shares depreciated by 95k at NSE Flour Mills More...

By Uchenna Ajah On Friday, May 18th, 2018

Total, Mobil oil top losers’ chart on NSE

Total Nigeria Plc on Friday at the Nigerian Stock Exchange (NSE)  topped the losers’ chart, dropping by N9.80 to close at N212 per share, the News Agency of Nigeria (NAN)reports. Mobil Oil trailed with a loss 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 Sunday, May 13th, 2018

Investment securities, lower impairment charges lift FBNH profit 179%

By FELIX OLOYEDE Strategies adopted by First Bank of Nigeria Holding Company (FBNH) to bring down non-performing loans (NPLs) in its core commercial banking operations are gradually yielding fruit. Containment of More...