Stock Exchange Archives — Page 6 of 12

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 at...

February 16, 2021 No Responses

NSE Attains 0.33% Growth On Seplat, Lafarge Africa Gains

Trading in the domestic equities market commenced the week on a positive note, growing by 0.33 per cent due to buying interests in Seplat, Lafarge Africa and Tier-1 banking stocks. Consequently, the All-Share Index on Monday inched higher by 131.82...

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....

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...

February 8, 2021 No Responses

SEC Nigeria Unveils Rule On Registration For Nominee Function

The Securities and Exchange Commission (SEC) has released new rules requiring all persons not registered by the Commission as Custodians, carrying on the business of Nominee and holding securities including equities, money market and fixed income securities, d...

February 6, 2021 No Responses

Briclinks Africa Lists on NSE Growth Board

The Nigerian Stock Exchange (NSE) on Friday admitted Briclinks Africa Plc to its Growth Board in a listing by introduction of 10 million (10,000,000) ordinary shares of ₦1.00 each at ₦6.26 per share. The listing was commemorated with a digital C...

January 30, 2021 No Responses

Ecobank Group Declares N630b Revenue In 2020

For the year December 31st, 2020, Ecobank Group recorded a revenue of over N630 billion, representing 7% growth when compared to N586.9 posted in the corresponding period of 2019. In its unaudited report submitted to the Nigeria St...

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...

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...

January 27, 2021 No Responses

Renewed Interest In Airtel, Flour Mills, Lafarge Lift Market Capitalisation To N21.7trillion

The Nigerian Stock Exchange on Tuesday extended growth by N259 billion following interest in Airtel Africa, just as the Monetary Policy Committee (MPC) retained the Monetary Policy Rate (MPR) at 11.5 per cent. Specifically, the market capitalisation which open...

January 23, 2021 No Responses

CBN Flays Continued Remittances In Naira

The CBN has expressed displeasure over continued diaspora remittances into the country in Naira, instead of dollars, by International Money Transfer Operators (IMTOs) and unlicensed companies, contrary to its directives. Dr O.S. Nnaji, Director Trade and Excha...

January 9, 2021 No Responses

NSE Market Capitalisation Loses N246b

The bears dominated trading activities on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation losing N246 billion in six hours of trading. Specifically, the market capitalisation, which opened at N21.224 trillion shed N246 billion ...

January 7, 2021 No Responses

Demutualisation: NSE Announces Chief Executives For Emerging Entities

The National Council of the Nigerian Stock Exchange (NSE) has announced the chief executives that would head its operating and non-operating companies upon the completion of its demutualisation programme. This is contained in a notice issued the&nbs...

December 24, 2020 No Responses

NSE Market Capitalisation Crosses N20tr Mark

Trading activities on the Nigerian Stock Exchange (NSE) sustained positive mood on Wednesday for the eighth successive session, with the market capitalisation crossing the N20 trillion mark. The sustained rally was as a result of buying interests in some...