CAPITAL MARKET

The Nigerian equities market closed on a negative note today, following a 1.80 per cent decline in lead market indicators bringing the Year-to-Date return to -4.41 per cent even as investors on the Exchange made a loss of N172 billion. This is in contrast to 0.25 per cent gained on...

…Naira hits N400/$ Perhaps as a fall out of the ban from foreign exchange market by the Central Bank of Nigeria (CBN), the share price of most of the affected lenders received some bashing on the Nigerian Stock Exchange (NSE) yesterday. Diamond Bank Plc, First City Monument Bank Plc, Sterling...

The Securities and Exchange Commission (SEC) is proposing that unclaimed dividend of 12 years and above   be transferred into Nigerian Capital Market Development Fund (NCMDF). The apex capital market regulator body is also proposing that companies and registrars shall not later than 30 days after the end of every calendar...

Investors on the Nigerian Stock Exchange (NSE) traded 182.247 million shares valued at N2.934 billion in 3,113 deals on Tuesday. The market All-Share Index and market Capitalisation closed at 27,810.28 basis point and N9.551 trillion respectively as against 27,812.06 and ₦9.552 trillion recorded on Monday. The market can be said...

Trading activities on the Nigerian Stock Exchange began on a positive note today as the All-Share Index closed at 27,812.06 against the previous close of 27,650.32 while Market Capitalization closed at ₦9.552 trillion against previous close of ₦9.496 trillion on Friday, translating to a value addition of N56 billion. The...

A turnover of 1.375 billion shares worth N12.940 billion in 16,915 deals were traded this week by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 1.361 billion shares valued at N10.711 billion that exchanged hands last week in 16,070 deals. The NSE...

  …proposes N0.25 interim dividend. Access Bank announces its audited results for the half year ended June 30, 2016 with profit before tax and profit after tax gaining 28 per cent and 26 per cent respectively. The bank’s Profit Before Tax (PBT) up by 28 per cent to ₦50.0 billion...

The Nigerian Stock Exchange (NSE) equities market segment reversed yesterday’s losses as key market indices added 0.84 per cent in contrast to a decline of 0.06 per cent recorded previously day. The NSE All-Share Index specifically gained 229.33 basis points to close at 27,650.32 basis points, while the Market Capitalization...

Investors on the Nigerian Stock Exchange (NSE) spent N3.603 billion on 313.276 million shares in 2,883 deals on Thursday as against 297.476 million shares valued at N2.289 billion in 3,438 deals traded on Wednesday even as the Market All-Share Index and Market Capitalisation which closed at 27,437.25 basis points and...

Market continued its positive ride on Wednesday on the Nigerian Stock Exchange (NSE) as the All-Share Index (ASI) and Market Capitalisation which opened the day trading at 27,389.02 basis points and N9.406 trillion respectively closed at 27,437.25 basis points and N9.423 trillion, translating  to a marginal gain of N17 billion...