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Dangote Cement

The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market indices gain 0.07 percent

The nation’s on Monday closed the last trading day of August with a growth of 0.07 per cent, following sustained positive sentiment.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation resumes week with N35 billion loss

The Nigerian Stock Exchange (NSE) opened trading for the week on Monday with a loss of N35 billion, amid weak sentiments.
Dangote Cement

Dangote Cement mulls open tender for share buyback

Nigeria’s biggest listed company Dangote Cement is considering an open tender for a share buyback to return cash to shareholders and is deciding on the size of the programme, its chief executive said on Monday.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Investors gain N73.07 billion as equities market adds 0.58% WoW

Despite weak sentiments, the Nigerian equities market closed positive last week as All Share Index (ASI) gain 0.58 per cent. Thus local bourse recorded its largest weekly gain in seven weeks.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation up by N177 billion on Dangote Cement gain

The key market indicators of the Nigerian Stock Exchange (NSE) on Thursday posted the first gain for the week, appreciating by 1.40 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE sustains negative sentiment, ASI down 0.39 per cent

Activities on the Nigerian Stock Exchange (NSE) on Tuesday maintained negative sentiment, with the All-Share Index (ASI) declining further by 0.39 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation rebounds by N107 billion

Transactions rebounded on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation increasing by N107 billion, after days of bearish trend.
Aliko Dangote

Dangote Cement sustains 54,000 jobs in four African countries

President of Dangote Group, Aliko Dangote, has said that despite the challenging economic situation in 2019, Dangote Cement was able to sustain 54,000 jobs in four African countries, where the company has its operations. The countries are Nigeria, Ethiopia, Senegal and South Africa.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Trading resumes after Eid-el-Fitr celebration with 0.07% growth

The Nigerian Stock Exchange (NSE) reopened trading on Wednesday after the public holidays to mark the Eid-el-Fitr celebration with a marginal growth of 0.07 per cent.

Dangote, MTN emerge most admired African brands

For the third time in a row, Dangote Group has emerged as the most admired African brand, of African continent origin, by consumers, paired with t he telecommunication giant, MTN in a survey of 100 Africa best brands announced in a novel global virtual event that incorporated the market openings of Kenya, South Africa and Nigeria.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Equities sustain rally with N130 billion gains

Nigerian equities continued their rally on Wednesday as increasing bargain-hunting left investors with net capital gains of N130 billion, bringing gains in the past two trading sessions to N266 billion.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation rises further by N130 billion

Sentiments remained positive on the Nigerian Stock Exchange (NSE) on Wednesday, with the market capitalisation growing by N130 billion due to gains by Dangote Cement.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Transactions remain upbeat on NSE, indices up 1.09 per cent

The nation’s bourse maintained a bullish mood on Tuesday with the key performance indices increasing further by 1.09 per cent on gains by some blue chips.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

How to pull Nigeria from the brink

On Monday, April 27, 2020, British oil and gas giant, BP, became the latest in a growing number of energy firms to declare a massive quarterly loss. Their loss was in the region of $4.4 billion dollars. Bear in mind that this was a conglomerate that posted a $2.6 billion profit in the corresponding quarter of 2019.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE investors lose N222 billion in six hours

Activities opened on the Nigerian Stock Exchange (NSE) for the week on a bearish posture with the market capitalisation losing N222 billion in about six hours of trading.Activities opened on the Nigerian Stock Exchange (NSE) for the week on a bearish posture with the market capitalisation losing N222 billion in about six hours of trading.
Dangote Cement

Dangote Cement woos investors with N100 billion issue

Dangote Cement Plc, Africa’s leading cement manufacturer, is seeking to raise up to N100 billion in fresh funds from the bond market, under its NGN300 billion Debt Issuance Programme.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian equities market posts 0.10 per cent growth

The Nigerian equities market closed Thursday trading on upward trend, appreciating by 0.10 per cent, amid Dangote Cement gain.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE resumes April trading with 0.94 per cent loss

Activities opened for the month of April on Wednesday still on a bearish trend, with a loss of 0.94 per cent.

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