Tag: City Businssnews

Market Capitalisation Attains N4b Growth
October 21, 2020 No Responses

Market Capitalisation Attains N4b Growth

The Nigerian Stock Exchange (NSE) market indices on Tuesday recorded a marginal growth of 0.03 per cent following gains by Zenith Bank and 22 other equities. Specifically, the market capitalisation which opened at N14.979 trillion inched higher by four billion...
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Market Capitalisation Recovers N50b
September 10, 2020 No Responses

Market Capitalisation Recovers N50b

The key market indicators of the nation’s bourse recorded first week gain on Thursday, rebounding by 0.38 per cent on renewed bargain hunting.   Specifically, the All-Share Index improved by 96.06 per cent or 0.38 per cent to close at...
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SAHCO Boss Wins LEADS Africa’s Personality Award
September 2, 2020 No Responses

SAHCO Boss Wins LEADS Africa’s Personality Award

The Managing Director/CEO, Skyway Aviation Handling Company (SAHCO) PLC, Basil Agboarumi has been awarded Leads Africa’s Patriotic Personality Awards by The League of African Development Students(LEADS).   LEADS is the umbrella body for all Democratic Stude...
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NSE Resumes September Trading With N46b Growth
September 1, 2020 No Responses

NSE Resumes September Trading With N46b Growth

The Nigerian Stock Exchange (NSE) on Tuesday sustained positive trend to open trading for the month of September with a growth of N46 billion. Specifically, the market capitalisation which opened the month at N13.212 trillion appreciated by N46 billion to...
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Market Capitalisation Recovers N2b As Volume Drop By 45.46 Per Cent
August 28, 2020 No Responses

Market Capitalisation Recovers N2b As Volume Drop By 45.46 Per Cent

The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday dropped by 45.46 per cent. However, the market capitalisation rose by two billion naira or 0.02 per cent to close at N13.203 trillion against N13.201 trillion recorded...
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Investors Stake N1.75b On Zenith Bank, FBN Holdings, Nigeria Breweries, Others
August 21, 2020 No Responses

Investors Stake N1.75b On Zenith Bank, FBN Holdings, Nigeria Breweries, Others

The Nigerian Stock Exchange (NSE) on Friday moved 158.62 million shares worth N1.75 billion exchanged in 3,194 deals.   This was in contrast with 179.55 million shares valued at N2.53 billion achieved in 3,055 deals on Thursday.   An analysis...
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Ogun Unveils Agenda For 2,000 Housing Units
August 21, 2020 No Responses

Ogun Unveils Agenda For 2,000 Housing Units

Governor of Ogun State. Dapo Abiodun on Friday announced plans to deliver 2,000 housing units to the people of the state soon at affordable prices.   Abiodun disclosed this when he received the Managing Director and Chief Executive Officer of...
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NPDC Targets 600mmscf/d Of Gas Supply To Domestic Market
August 21, 2020 No Responses

NPDC Targets 600mmscf/d Of Gas Supply To Domestic Market

The Nigerian Petroleum Development Company (NPDC), an Exploration and Production subsidiary of the Nigerian National Petroleum Corporation (NNPC), is looking at boosting its gas supply to the domestic market by 600million standard cubic feet per day (mmscf/d) ...
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NSE Turnover Rises by 86.97%, Other Indices Down 0.15%
August 14, 2020 No Responses

NSE Turnover Rises by 86.97%, Other Indices Down 0.15%

The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday rose by 86.97 per cent, just as the market indices dipped by 0.15 per cent.   Specifically, investors traded 482.52 million shares valued at N4.52 billion in 3,897...
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British Airways Pilots Vote To Accept Jobs Deal
August 2, 2020 No Responses

British Airways Pilots Vote To Accept Jobs Deal

British Airways pilots have voted to accept a deal that will temporarily cut pay by 20% and eliminate 270 jobs, says the pilots’ union Balpa.  The deal prevents a controversial “fire-and-rehire” scheme where staff would have been handed ...
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Nigeria Records 648 New Coronavirus Cases
July 28, 2020 No Responses

Nigeria Records 648 New Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC) on Monday announced  648 new Coronavirus cases in  21 states, bringing the total number of confirmed cases to 41,180.  According to NCDC, the infections were reported in Lagos, 180, Pl...
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Market Capitalisation Recovers N8b
July 15, 2020 No Responses

Market Capitalisation Recovers N8b

The Nigerian Stock Exchange (NSE) on Wednesday recorded the first gain of the week, appreciating marginally by 0.06 per cent due to bargain hunting in Airtel Africa. Accordingly, the All-Share Index rose by 15.67 points or 0.06 per cent to...
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Heritage Bank-Dukia Gold To Boost Nigeria’s 200mn ounces Of Gold Potential Reserves
June 11, 2020 No Responses

Heritage Bank-Dukia Gold To Boost Nigeria’s 200mn ounces Of Gold Potential Reserves

The Federal Government of Nigeria has commended Heritage Bank for being part of a valuable private sector collaboration with Dukia Gold & Precious Metals Refining Co. Ltd, saying such partnership stands to create new opportunities for Nigeria to grow its.....
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NSE To Host Sustainable Capital Markets Forum
May 28, 2020 No Responses

NSE To Host Sustainable Capital Markets Forum

The Nigerian Stock Exchange (NSE) in collaboration with the Milken Institute, is set to host the inaugural edition of  Webinar Series on Sustainable Capital Markets for West Africa on Friday, 5 June 2020 by 2:30pm.  According to NSE, the webinar...
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