Nigerian equity market down by 0.11 per cent
The Nigerian Stock Exchange (NSE) on Thursday recorded the first loss in the month of August with the market indices dropping by 0.11 per cent due to profit taking.
Experts explain growth in Nigerian stock market
Some financial experts on Thursday attributed the ongoing rally on the Nigerian Stock Exchange (NSE) to renewed foreign inflow and portfolio rebalancing on the strength of second quarter results.
Market maintains positive streak, records 42% year-to-date growth
The Nigerian stock market maintained its positive performance wednesday, surging further to record a year-to-date growth of 41.9 per cent.
Dollar slumps, Tokyo tanks as North Korea tensions spike
The Nikkei slumped to its lowest close for almost three months Wednesday, leading an Asia-wide sell-off sparked by President Donald Trump's apocalyptic warning over North Korea's weapons programme.
NSE market capitalisation hits N13 trillion mark
The Nigerian Stock Exchange market capitalisation on Tuesday hit the N13tn mark, barely three weeks it crossed N12tn market, amid Nestle gain.
Trading resumes on positive trend, index increases 0.27 per cent
Trading activities resumed for the week on Monday still on a positive mood with the All-Share Index improving by 0.27 per cent.
Deals on NSE hit N97.08bn in July
A monthly data obtained by NAN from the NSE showed that the turnover increased by 12.32 per cent when compared with 7.71 billion shares worth N77. 92 billion traded in 100,895 in June.
NSE: Investors trade 515.48m shares worth N6.30bn
Investors on Friday transacted 515.48 million shares valued at N6.30 billion in 4,132 deals on the floor of the Nigerian Stock Exchange (NSE).
Nigeria moves closer to single Naira rate
Nigeria took a step to unify its multiple exchange rates by allowing banks to use a currency window for investors when quoting the naira rather than the official rate. The naira weakened on the interbank market.
Nigeria equity market indices rallied further by 0.62 per cent
Some blue chips recorded further gains on the Nigerian Stock Exchange (NSE) on Thursday resulting in 0.62 per cent growth posted by market indicators.
Stocks gain 37.32% year-to-date
The bourse closed up for the second day running as the Nigerian Stock Exchange All-Share Index advanced by 0.50 per cent, bringing the year-to-date return to 37.32 per cent.
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