UBA Surpasses N1 Trillion Market Capitalisation Mark

UBA Surpasses N1 Trillion Market Capitalisation Mark

United Bank for Africa (UBA) Plc has joined the group of companies with market capitalisation of over N1 trillion, as its share price value hits N29.90 per share. At the close of trading of the Nigerian Exchange Ltd. (NGX) on...
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Stock Market Investors Lose N418b

Stock Market Investors Lose N418b

The equities market on Monday opened the week on a negative note, shedding N418 billion due to losses in largely capitalised stocks. The All-Share Index decreased by 766.56 per cent, representing a decline of 1.48 per cent, to close at...
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Market Capitalisation Drops By N5b

Market Capitalisation Drops By N5b

The stock market on the Nigerian Exchange Ltd. on Thursday recorded a bearish tilt as the overall capitalisation dropped by N5 billion. The All Share Index (ASI) decreased by 8.83 points, representing a decline of 0.02 per cent to close...
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Banking Stocks Lift Market Capitalisation By N180b

Banking Stocks Lift Market Capitalisation By N180b

The equity market on the Nigerian Exchange Ltd. (NGX) gained further on Thursday as it recorded N180 billion gains, following investors interest in Tier-one banking stocks.  The market capitalisation gained N180 billion or 0.61 per cent to close at N29.76...
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SEC: Capital Market Master Plan Promotes Transparency, Market Confidence 

SEC: Capital Market Master Plan Promotes Transparency, Market Confidence 

The Capital Market Master Plan (CMMP) initiatives have helped in promoting transparency, protecting investors and enhancing market confidence, the Securities and Exchange Commission (SEC), reiterated at the weekend.   SEC in a statement issued on Sun...
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Stock Market Rebounds, Capitalisation Increases By N180b

Stock Market Rebounds, Capitalisation Increases By N180b

The market capitalisation of the Nigerian Exchange (NGX) closed trading on Tuesday with a gain of N180 billion to close at N27.544 trillion against N27.364 trillion posted on Wednesday, halting five days of consecutive losses.  Similarly, the All-Share In...
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Dangote Cement Ramps Up Production At Okpella Plant, Attains N105.9 b Profit In Q1

Dangote Cement Ramps Up Production At Okpella Plant, Attains N105.9 b Profit In Q1

Dangote Cement Plc, has ramped up production at its newest plant, in Okpella, Edo State as its earnings per share rose by 16.8 per cent to N6.18 for the first quarter ended March 31, 2022.  Chief Executive Officer, Dangote Cement,...
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SEC Lauds NGX, CSCS, Others On Market Development

SEC Lauds NGX, CSCS, Others On Market Development

The securities and Exchange Commission has commended the Nigerian Exchange Limited, the Central Securities Clearing System and other capital market stakeholders for professionally working to develop the Market while pulling through the challenges brought by Co...
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Nigerian Stock Market Extends Losing Streak By N113b

Nigerian Stock Market Extends Losing Streak By N113b

The Nigerian stock market extended bearish mood on Thursday on the back of sell pressure on Seplat Energy and 33 others.  Specifically, the market capitalisation dropped further by N113 billion or 0.51 per cent to close at N22.044 trillion from...
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Honey Well Flour, Wema Bank Top Gainers’ Table As Market Capitalisation Recovers N21b

Honey Well Flour, Wema Bank Top Gainers’ Table As Market Capitalisation Recovers N21b

Transactions on the Nigerian Exchange (NGX) gained momentum on Thursday as the volume of shares traded increased by 214.29 percent with the index appreciating by 0.11 percent.   At the end of the day’s transactions,  investors traded...
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Universal Insurance, Oando Top Gainers’ Table As Market Capitalisation Recover N43b

Universal Insurance, Oando Top Gainers’ Table As Market Capitalisation Recover N43b

Transactions on the Nigerian Exchange improved further by 0.21 per cent on Friday. Specifically, the All-Share Index which opened at 38,585.52 inched higher by 82.38 points or 0.21 per cent to close at 38,667.90. Also, the market capitalisation rose by...
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Stanbic IBTC, Okomu Oil, Guinness, Top Losers‘Table As Market Capitalisation Drop By N74b

Stanbic IBTC, Okomu Oil, Guinness, Top Losers‘Table As Market Capitalisation Drop By N74b

Transaction on the Nigerian Exchange Limited (NGX) opened activities for the week on Monday on a negative note with key indicators dropping by 0.40 per cent.  The decline was due to investors profit-taking on some recently appreciated stocks such as...
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Market Capitalisation drops Further By  N123b

Market Capitalisation drops Further By N123b

Transactions on the Nigeria Stock Exchange (NSE) closed on Tuesday on a negative note, due to price depreciation posted by Nestle and other 25 stocks.  Consequently, the benchmark index declined by 233.81 or 0.59 per cent to 39,697.62 from 39,931.63...
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Market Capitalisation Down By N65b

Market Capitalisation Down By N65b

The nation’s bourse retreated on Thursday, reversing two days positive sentiment with a loss of N65 billion following profit taking on banking and consumer goods stocks.  Consequently, the market capitalisation shed N65 billion or 0.31 per cent to close...
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