Sell-off by investors caused the Nigerian Stock Market to decline further on Wednesday, the third consecutive drops this week. The All Share Index (ASI) decreased by...

By JULIUS ALAGBE Some deposits money banks are expected to begin the process of shoring up their financials in the second half of the financial year...

…as analysts lower profit estimates in Tier-11 By JULIUS ALAGBE If the outlook from first quarter performance of banks is anything to go by, it is...

By JULIUS ALAGBE The recent market data has revealed that the fixed income market that provided alternative earnings window for deposit money banks, DMBs, is passing...

...banks keep mum over unremitted billions By YUSUF MOHAMMED The controversy surrounding the alleged non-remittance of stamp duties collected on behalf of government by banks to...
The release of third quarter financial statements by companies had a positive run on the Nigerian Stock Exchange (NSE) this week, which ended 0.2 per cent...
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...
FELIX OLOYEDE Renewed profit-taking caused the Nigerian equity market to drop on Tuesday after the Independence Day holiday. The bourse shed 0.17 per cent to reverse...

The equities market closed negative last week as Nigerian Stock Exchange All-Share Index (NSE ASI) dropped by 0.28 per cent to 40,814.89 basis points. Similarly, all...