51 h. ago Equities market further decline by 0.07% as overall investment sheds N48bn

Tribune Online Equities market further decline by 0.07% as overall investment sheds N48bn The local bourse extended its decline as the All-Share Index (ASI) fell by 0.07 percent to 106,090.38 basis points on Wednesday. This downturn resulted in a corresponding 0.07 percent decrease in the market capitalization of listed equities, reducing it to N66.44 trillion and wiping out N48 billion from investors’ portfolios. Sequentially, the Month-to-Date and Year-to-Date […] Equities market further decline by 0.07% as overall investment sheds N48bn Tribune Online

Politics

3 d. ago Equities market reverses previous day’s gain, investors lose N284bn

Tribune Online Equities market reverses previous day’s gain, investors lose N284bn The local stock market declined as the All-Share Index of the Nigerian Exchange (NGX) dropped by 0.43 percent to 106,167.75 basis points on Tuesday. This downturn resulted in a corresponding 0.43 percent reduction in the market capitalization of listed equities, bringing it down to N66.48 trillion and wiping out N284 billion from investors’ portfolios.As a […] Equities market reverses previous day’s gain, investors lose N284bn Tribune Online

Politics

4 d. ago Equities market opens week positive as investors earn N52.2bn

Tribune Online Equities market opens week positive as investors earn N52.2bn At the beginning of the trading week, the local stock market experienced a positive shift, with the All-Share Index rising by 0.08 percent to 106,621.91 basis points.Despite this, market capitalization also grew by 0.08 percent to N66.77 trillion, adding N52.2 billion to investors’ portfolios. However, sectoral performance was largely negative, as key sectors—Insurance, Oil & […] Equities market opens week positive as investors earn N52.2bn Tribune Online

Politics

2 w. ago Corporate Earnings, Dividends To Trigger Mixed Stock Market Performance

The stock market has been on the uptrend for the fifth consecutive week and this movement was driven by investors taking positions for portfolio rebalancing, prompted by pressured sell-offs across various counters and shaped by expectations and outcomes of the newly rebased CPI report and MPC decisions, where the policy committee unanimously decided to pause […]

Politics

3 w. ago Equities market posts 0.97% appreciation as Dangote Cement cancels 166.95k shares

Tribune Online Equities market posts 0.97% appreciation as Dangote Cement cancels 166.95k shares As a result, the company’s total issued and paid-up shares decreased from 17,040,507,405 to 16,873,559,252. This development contributed ₦504.7 billion in gains to the equities market by the session’s close. Equities market posts 0.97% appreciation as Dangote Cement cancels 166.95k shares Tribune Online

Politics

3 w. ago BUA Foods, Eterna, others spur NGX rally ahead of MPC decisions

Nigeria’s equities market rose by 0.87 percent on Wednesday, recording its first positive close ahead of Thursday’s decision by the read more BUA Foods, Eterna, others spur NGX rally ahead of MPC decisions

Politics

3 w. ago Stock market drops by 0.25% after Nigeria’s rebased inflation report

Nigeria’s equities market decreased by 0.25 percent on Tuesday – its second decline this week – despite that the rebased read more Stock market drops by 0.25% after Nigeria’s rebased inflation report

Politics