Tag: Nigeria Stock Market

Non-Interest Capital Market, Full Of Potentials, Says SEC DG
March 29, 2021 No Responses

Non-Interest Capital Market, Full Of Potentials, Says SEC DG

The non-interest capital market sector in Nigeria has been described as one that is unique and full of potentials to facilitate the objective of deepening the financial system and spurring the growth of the Nigerian economy.  This was stated by...
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Lafarge Africa Declares N30.84b Profit, N16.11b Total Dividend For 2020
March 25, 2021 No Responses

Lafarge Africa Declares N30.84b Profit, N16.11b Total Dividend For 2020

Lafarge Africa Plc on Wednesday declared a total dividend of N16.11 billion for the 2020 financial year, amounting to N1 per share and would be payable to shareholders on the register of the cement group as at the close of...
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Investors Lose N371b In One Trading Session
March 10, 2021 No Responses

Investors Lose N371b In One Trading Session

Investors on the Nigerian Stock Exchange (NSE) on Tuesday lost N317 billion in a trading session amid sell pressure on bellwethers.  Specifically, the market capitalisation which opened at N20.612 trillion shed N371 billion or 1.80 per cent to close at...
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Market Capitalisation drops Further By N123b
March 3, 2021 No Responses

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
February 26, 2021 No Responses

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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Group Urges CBN To Remove Stockfish From Forex Ban List
February 25, 2021 No Responses

Group Urges CBN To Remove Stockfish From Forex Ban List

The Norwegian Seafood Council has appealed to the Central Bank Of Nigeria (CBN) to remove stockfish from the list of items not eligible for foreign exchange. According to Odd-Emil Ingebrigtsen, the Norwegian minister of fisheries, there is a need to make....
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Market Capitalisation Recovers N167b
February 12, 2021 No Responses

Market Capitalisation Recovers N167b

After days of persistent bearish trend, transactions on the nation’s bourse rebounded on Thursday by 0.78 per cent following buying interest in Dangote Cement.  Specifically, the All-Share Index rose by 318.29 points or 0.78 per cent to close at 41,014....
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Market Capitalisation Loses N426b
February 11, 2021 No Responses

Market Capitalisation Loses N426b

The bears continued to dominate trading on the Nigerian Stock Exchange (NSE) on Wednesday with investors losing N426 billion in about six hours of trading.  Consequently, the market capitalisation which opened at N21.715 trillion shed N426 billion or 1.96...
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Stockbrokers Project Positive Outlook For Nigerian Capital Market In 2021
February 10, 2021 No Responses

Stockbrokers Project Positive Outlook For Nigerian Capital Market In 2021

Participants at the annual economic review of the Chartered Institute of Stockbrokers (CIS) on Tuesday projected a positive outlook for the Nigerian capital market and the economy in 2021. They also identified certain factors that must be addressed to achieve....
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Market Capitalisation Crosses N22trillion Mark
January 29, 2021 No Responses

Market Capitalisation Crosses N22trillion Mark

The Nigerian Stock Exchange (NSE) market capitalisation on Thursday crossed above N22 trillion mark as a result of price appreciation posted by some blue chips.  Accordingly, the market capitalisation inched higher by N125 billion or 0.57 per cent to clos...
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Market Capitalisation Extends Growth By N181b
January 28, 2021 No Responses

Market Capitalisation Extends Growth By N181b

For the third consecutive day, transactions on the Nigerian Stock Exchange closed positive on Wednesday, appreciating further by 0.83 per cent. At the end of the day’s transaction, the All-Share Index increased by 346.79 points or 0.83 pe...
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Flour Mills, MTN Nigeria, Presco Top Gainers‘ Table As Market Capitalisation Recovers N112b
January 16, 2021 No Responses

Flour Mills, MTN Nigeria, Presco Top Gainers‘ Table As Market Capitalisation Recovers N112b

Transactions on the floor of Nigerian Stock Exchange (NSE) sustained positive outlook on Friday with the All-Share Index crossing 41,000 mark.   At the end of the day’s transactions, Flour Mills led the gainers’ table, gaining N2.80 to close at N...
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Dangote Cement, UBA, Zenith Bank Sustain NSE Rally By N235b
December 23, 2020 No Responses

Dangote Cement, UBA, Zenith Bank Sustain NSE Rally By N235b

The Nigeria Stock Exchange (NSE) on Tuesday recorded its seventh consecutive gain, appreciating further by N235 billion following buying interests in Dangote Cement, United Bank of Africa and Zenith Bank stocks. Specifically, the market capitalisatio...
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SEC Nigeria Suspends Physical Meetings
December 22, 2020 No Responses

SEC Nigeria Suspends Physical Meetings

The Securities and Exchange Commission (SEC) has suspended all physical meetings and visits to its offices till further notice,  owing to the second wave of the COVID-19 pandemic.   A circular issued by the Commission on Monday explained that it...
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