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 believe that a combination of tight money supply and weak domestic demand will condemn the economy to poor growth. Gross Domestic Production More...

by Uchenna Ajah | Published 4 months ago
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...

By Uchenna Ajah On Saturday, May 12th, 2018

Market indices rebound by 0.26%

After depreciating for four consecutive days, indicators of the performance of the Nigerian Stock Exchange (NSE) rebounded by 0.26 per cent on Friday. The News Agency of Nigeria (NAN) reports that the market capitalisation, More...

By Uchenna Ajah On Thursday, May 10th, 2018

Dangote cement, Seplat top losers’ chart at NSE

Price movement on Thursday at the Nigerian Stock Exchange (NSE) indicates that Seplat, Dangote Cement and Forte Oil topped the losers’ chart, the News Agency of Nigeria (NAN) reports. Dangote cement factory Some More...

By Felix OLOYEDE On Friday, April 27th, 2018

NSE to host 2018 ASEA conference

Oscar Onyema, NSE CEO The Nigerian Stock Exchange (NSE) has emerged the preferred host of the 22nd Annual Conference of the African Securities Exchanges Association (ASEA) scheduled to hold November 25-27, 2018, More...

By Uchenna Ajah On Monday, April 23rd, 2018

Unilever hits bull’s eye

…shareholders smile to the bank   By OKEY ONYENWEAKU   Despite the Nigerian Stock Exchange activities tumbling into a difficult patch as the All Shares Index (ASI) dipped from a 16 per cent year-to-date More...