CAPITAL MARKET

Equities segment on the Nigerian Stock Exchange (NSE) reversed previous day’s losses to close on a high note today, following the Monetary Policy Committee’s (MPC) decision to maintain all rates even as investors gained N127bn. The market All-Share Index (ASI) recorded a gain of 1.33 per cent or 370 basis...

Guinness Nigeria Plc, manufacturers of brands like Guinness Foreign Extra Stout and Malta Guinness, for the financial year ended June 30, 2016 proposed a dividend of N3.20 per ordinary share. The company also announced a loss of N2 billion for the financial year under review from N7.8 billion profit recorded...

Equities sector of the Nigerian Stock Exchange (NSE) resumed the week on a negative note on the heels of uncertainty of what will be the outcome of the Monetary Policy Committee (MPC) meeting that commenced today and ends tomorrow. The NSE All-Share Index (ASI) slipped marginally by 0.07 per cent...

Oando  PLC,  Nigeria’s  leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, has announced the execution of a definitive agreement with a vehicle owned by funds advised by Helios Investment Partners LLP (“Helios”), a premier Africa-focused private investment firm, to acquire 49 per cent  of  the ...

The NSE All-Share Index and Market Capitalization appreciated by 1.02 per cent to close the week at 27,858.48 and N9.570 trillion respectively. It was a three-day trading week as the Federal Government of Nigeria declared Monday 12th and Tuesday 13th of September, 2016 as Public Holiday in commemoration of the...

The Nigerian Stock Exchange (NSE) equities market closed the day on a positive note as the NSE All-Share Index (NSE ASI) also appreciated by 0.48 per cent to settle at 27,858.48 basis points, driving Investors gain of N45.7 billion as market capitalization closed at N9.569 trillion. Market activity as measured...

  The Nigerian Stock Exchange (NSE) equities market segment closed Thursday on a positive note for the fourth consecutive trading session. Investors gained N28.60 billion as market capitalization closed at N9.523 trillion while NSE All Share Index (NSE ASI) also appreciated by 0.30 per cent to settle at 27,725.40 basis...

Contrary to Nigerian stock market analysts’ expectation that the equities market will experience a downturn at resuming of trading, the market posted a positive outing on Wednesday to open trading for the week. The equities market returned from the 2-day public holiday with a positive inclination as the lead indicator,...

A turnover of 1.183 billion shares worth N10.300 billion in 16,522 deals were traded this week by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 1.115 billion shares valued at N13.817 billion that exchanged hands last week in 16,083 deals. The NSE...

The equity market segment of the Nigerian Stock Exchange (NSE) maintained upward trend to close the last trading day of week with a marginal increase of 0.01 per cent. The All-Share Index (ASI) appreciated by 3.43 basis points to close at 27,577.52 as Market Capitalisation closed at N9.473 trillion following...