Nigerian Stock Exchange (NSE)

The Nigerian Stock Exchange (NSE) key market indicators on Wednesday sustained positive rally, appreciating by 0.50 per cent due to monetary policy rate cut to 11.5 per cent.Speficially, the market capitalisation rose by N67 billion to…

Nigerian Stock Exchange (NSE) extended losing streak on Wednesday for the third consecutive days with the market capitalisation declining further by N38 billion.The market capitalisation dipped N38 billion to close lower at N13.263…

The nation’s bourse opened trading for the week on Monday on a positive note, growing by three billion naira. SEE ALSO: Over 50,000 COVID-19 Cases Recorded In Brazil Within Three Days The News Agency of Nigeria (NAN) reports that the…

Seplat Petroleum Development Company Plc, the completed transfer of the business activities and assets of OMLs 4, 38 and 41 from the holding company to its wholly-owned subsidiary, Seplat West Limited.In a notification to the Nigerian…

Nigeria’s stock market recorded its first positive this week, closing high by 0.17percent on Wednesday, June 17. Investors booked about N22billion gain.This happened as some fundamentally sound stocks started seeing renewed interest as…

The federal government has been urged to prioritise the listing of the Nigerian National Petroleum Corporation (NNPC) on the Nigerian Stock Exchange (NSE) as part of its Economic Sustainability Plan. Uche Uwaleke, Professor of Capital…

The Nigerian Stock Exchange (NSE) says low yield environment caused by Coronavirus pandemic has positioned the equity market with domestic investors accounting for 60 per cent of market transactions.Mr Oscar Onyema, NSE Chief Executive…

Profit taking was persistent on the Nigerian Stock Exchange (NSE) on Friday with investors net worth dropping further by N155 billion.Specifically, the market capitalisation dipped N155 billion or 1.17 per cent to close at…

This is the Stock Market report for Wednesday 27th May 2020.The All-Share Index rose marginally by 0.07%  to close at 25,221.25.Top Gainers are Nigeria Breweries (+10.00% ), Stanbic (9.98%),  DangSugar (9.37%) ,  Guiness (8.97%) and…

Dangote Cement, Africa’s biggest producer of the building material, said first-quarter revenue was boosted by a surge in sales from Nigeria, its home market.Revenue for the first quarter through March increased 3.8% to 249.2 billion…

The All Share Index of the Nigeria Stock Exchange gained 1.80% today, Friday 22nd, 2020. This market the conclusion of a whole trading week of gains on the market.N2.8Billion was value traded, a far cry from the N5.4Billion recorded on…

This is the Pre-Market Open sentiment on the NSE. A likely gain in the All Share Index today, friday will mark 5 consecutive days of gains on the NSE. This attests to the goodwill investors are extending to stocks and shares in the recent…

The Stock market closed strongly in the green today at the Nigeria Stock Exchange. The All Share Index closed at 1.25%, buoyed by solid capital gains  by Unilever (9.93%), Mobil (9.95%), BUACement (9.98%). Zenith and Guaranty also gained.…

Sentiments remained positive on the Nigerian Stock Exchange (NSE) on Wednesday, with the market capitalisation growing by N130 billion due to gains by Dangote Cement. SEE ALSO: Farmer Decries Egg Glut, Calls For Improved Value-Chain…

BUA cement released to the investing public, a corporate action plan or Corporate Disclosure yesterday May 19,2020. Further analysis shows that final dividend for the year 2019 is N1.75 naira. At current share price, that gives a Dividend…

The Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr Oscar Onyema, says the demutualisation process of the exchange is moving ahead in line with the expected sequence of events.Onyema, in a statement in Lagos on…

The Nigerian Stock Exchange (NSE) on Wednesday published guidance on virtual board, committee and management meetings for stakeholders in the wake of COVID-19 pandemic.The guidance, according to the Exchange, is in response to the shift…

FBN Holdings Plc has officially notified the Nigerian Stock Exchange (NSE) of on-going discussions with its partner Sanlam Emerging Markets to divest 65 per cent equity in FBN Insurance (FBNI) Ltd.The company stated this in a formal…

Fidelity Bank Plc says it will hold an emergency board meeting on March 2 to consider and approve 2019 audited financial statements.The bank stated this in a notice on Friday to the Nigerian Stock Exchange (NSE) and the general…

Activities on the nation’s bourse opened for the week on Monday still on a negative outlook with the market capitalisation shedding N181 billion. SEE ALSO: Zenith Bank Ranks Highest Donor to Lagos State Security Trust Fund (See List…

MTN Nigeria Communications Plc on Friday said its case with the Federal Government over alleged revenue indebtedness of N242.24 billion and $1.28 billion had been withdrawn.MTN Nigeria stated this in a regulatory filing to the…

The Nigerian Stock Exchange (NSE) ended Wednesday session with a marginal growth of 0.02 per cent. SEE ALSO: Sanusi May Lose His Crown As Court Affirms Ganduje’s Power To Dethrone Emirs Specifically, the All-Share Index improved by 5.29…

Guinness Nigeria Plc emerged the lowest-performing stock on the Nigerian Stock Exchange (NSE) for the month of October in percentage terms.Data obtained by the News Agency of Nigeria (NAN) reports that the stock…

MTN Nigeria Communications Plc on Wednesday announced revenue of N856.48 billion for nine months ended Sept. 30, 2019.The News Agency of Nigeria (NAN) reports that the revenue figure is on the company’s nine months unaudited…

Stocks such as Dangote Cement Plc, Guaranty Trust Bank Plc and UBA Group Plc have continued to experience huge loss as the Nigerian Stock Exchange (NSE) refuses to pick up speed.The stocks have declined rapidly,  dropping to one-year…

Dangote Cement Plc has regained its spot as the largest company on the Nigerian Stock Exchange (NSE) after losing it to MTN Nigeria Communication Plc on Monday.MTN Nigeria had overthrown Dangote Cement, becoming the most capitalised…

Airtel Africa Plc has failed to meet the expectations of investors following the listing of its shares on the Nigerian Stock Exchange (NSE)The listing had added N1.36tn to the total market capitalisation of the NSE, with the hope of…

The Nigerian Stock Exchange (NSE) has disclosed that the planned listing of Airtel Africa, earlier scheduled to hold today, Friday, July 5 has been suspended.The NSE, in a statement on Friday, said, “The cross border secondary listing…

Following the listing of MTN Nigeria's shares on the Nigerian Stock Exchange (NSE) in May, Airtel Nigeria has also filed an application with the Securities and Exchange Commission (SEC) to join the nation's stock market.The application,…

The Nigerian Stock Exchange (“NSE” or “Exchange”) is pleased to announce that it has received a “Rotary Outstanding Invaluable Company Award” from Rotary International District 9110, Nigeria, one of the 535 Districts that make up Rotary…