CAPITAL MARKET

Academy Press plc has announced a loss of N151.8 million for the financial year ended 2016 on the heels of poor revenue and hike in operating expenses. The printing press company had declared a loss of N25.5 million in 2015, as such continued to erode dividend payment to shareholders. Academy...

Equity trading on the Nigerian Stock Exchange (NSE) on Monday reverted to negative territory as the market capitalisation closed at N10.165 trillion from the value of N10.239 trillion with which it closed on Wednesday as investors closed the day trading with N74 billion loss. The All-Share Index closed at 29,597.79...

The bulls engaged the bears in battles on the Nigerian Stock Exchange (NSE) on Wednesday as they forced the market back to the positive position s the market regained 0.80 percent as All Share Index closed at 29,812.91 from the Tuesday closing of   29,575.24 points. Investors recorded a gain of...

Equities trading on the Nigerian Stock Exchange (NSE) continued on a bearish note on Tuesday as investor's value dipped  as investors suffered value depreciation of N91 billion. The market indicators recorded 0.89 per cent depreciation compared with the decline of 2.63 percent recorded on Monday. The All-Share Index shed 264.99...

Total equities on the trading floor of The Nigerian Stock Exchange (NSE) have dropped by 3.1 per cent in three years to 190, checks by Business247 have revealed. Data gathered by our correspondent revealed that equities on the secondary market in 2013 stood at 198. A year later, it dropped...

The shareholders of Lafarge Africa Plc have approved a dividend of N3 per share and a bonus of one for every ten shares for the year ended December 31, 2015. The leading cement and building solutions provider, achieved growth in its operations as recorded in its full 2015 results, surmounting...

The equities market resumed the week negative as market indicators of the Exchange fell by 2.64 percent as a result of profit taking as well as cautious trading amidst cautious trading across global markets on the account of the Britain vote to exit the European Union. The Market Capitalisation closed...

National Association of Securities Dealers (NASD) has said that Fitch Ratings Inc., one of the three most influential ratings agencies in the world which has downgraded all Nigeria’s ratings by one level from a BB to a single B is a true reflection of the nation’s position and that it...

A total of 3.1 per cent of listed companies on The Nigerian Stock Exchange (NSE) have been delisted in the past three years, leaving the number at 190. Data gathered by our correspondent revealed that listed equities on The Exchange in 2013 stood at 198. A year later, it dropped...

For investors on the Nigerian Stock Exchange (NSE), investing in equities on the Exchange is a good business, at least for now, as the value of their investment continues to appreciate with the commencement of the new forex regime of the Central Bank of Nigeria (CBN). For the week ended...