Insurance sector sell-off drags capital market down, loses 0.02%

The Equity Market on Wednesday shed 0.02 per cent, reversing yesterday’s positive sentiment. The downturn was on the back of the massive sell-off in Insurance stocks among others, which dragged the All Share Index (ASI) down by 5.88 absolute points, representing a dip of 0.02%, closing at 32,375.12 points. The Market Capitalization also dipped by More...

by Felix OLOYEDE | Published 4 weeks ago
By Felix OLOYEDE On Wednesday, September 12th, 2018
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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
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Nigerian Bond yields remain stable despite cherry-picking

The Nigerian bond yields were flat on Tuesday, despite some cherry-picking for higher yields on the 2021s and 2036s. The Bond market remained largely order driven, with continued client interests seen around the More...

By Felix OLOYEDE On Wednesday, September 5th, 2018
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Secondary school students close equity market (picture)

L – R shows Kazeem Gift, I.S.I International School, Ibadan; Kazeem Shalom, United Missionary Comprehensive College, Ibadan; Kola Akinola Tanitoluwa, Command Secondary School, Lagos; Oscar N. Onyema, OON, Chief More...

By Uchenna Ajah On Sunday, August 26th, 2018
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H1 2018: Union Bank shines with fixed income securities

By FELIX OLOYEDE Union Bank has shown indications of  a pleasant period for shareholders as improved revenues from e-banking and fixed income securities raised its bottom line in half year (H1) 2018.  Nigeria’s More...

By Uchenna Ajah On Monday, August 20th, 2018
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NSE: Investors devise survival strategies

By TESLIM SHITTA-BEY As the Nigerian All Shares Index (ASI) scrapes past a downward slanting tunnel, a growing number of investors in the local stock market have started to rebalance their equity portfolios. Investors More...

By Uchenna Ajah On Sunday, August 19th, 2018
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Interim Dividends: Naira rain at GT Bank

By OKEY ONYENWEAKU With its year on year yield at 9.98 per cent, GT Bank Plc has become the toast of local investors as its stock price bounced from N24 per share at the start of 2017 to a more recent price of N38. More...

By Uchenna Ajah On Sunday, August 12th, 2018
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Stocks: Oil sector stocks defy economic downturn in 2nd Quarter

By TESLIM SHITTA-BEY Despite a mild economic recovery in 2018, Oil sector stocks listed on the main board of Nigeria’s stock exchange are only recently shaking off the anguish of last year’s sector melt down. More...

By Uchenna Ajah On Sunday, August 12th, 2018
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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 More...