Market Sentiment
NSE opens week with 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.
NSE’s capitalisation drops further by N112bn on profit taking
The local bourse sustained its negative run on Thursday recording the fourth consecutive loss, following profit taking in Dangote Cement, Zenith Bank and United Bank for Africa stocks.
Trading rebounds on NSE, up N50 billion
Transactions on the Nigerian Stock Exchange (NSE) rebounded on Wednesday by N50 billion, halting two consecutive days bearish trend due to sustained bargain-hunting in insurance stocks.
NSE opens week with 0.08 percent growth
Trading on the nation’s bourse resumed on Monday on a positive note, following investors’ interest in shares of Zenith Bank, International Breweries (IB) and Flourmill.
UK stocks sink as government widens strict coronavirus lockdowns
British stocks ended lower on Wednesday, reversing early gains as fears over a fast-spreading new strain of the coronavirus led to most of the country being placed under tighter restrictions, even as Britain approved AstraZeneca’s COVID-19 vaccine.
Nestle, Dangote top losers as Nigerian stocks lose N279 billion
Nigerian Stock Exchange closed southward on Tuesday for the second consecutive day, with market capitalisation shedding N279 billion.
Nigerian stock market sustains bullish trend with N324 billion gain
The local bourse on Wednesday sustained a positive trajectory as investors continued to leverage undervalued stocks to increase capital gains.
NSE market capitalisation gains N107 billion Thursday
The bulls continued to dominate trading on the nation’s bourse with the market capitalisation appreciating further by N107 billion on Thursday, amid gains by blue chips.
NSE resumes September trading with N46 billion growth
The Nigerian Stock Exchange on Tuesday sustained positive trend to open trading for the month of September with a growth of N46bn.
NSE: Market indices close upbeat with 1.24 per cent growth
The Nigerian Stock Exchange (NSE) rebounded on Tuesday with a growth of 1.24 per cent, after a loss of over N200 billion in the preceding trading session.
Oil price stabilises over supply cut by OPEC
Oil prices rose by one per cent yesterday as traders expected top exporter Saudi Arabia to push the Organization of Petroleum Exporting Countries (OPEC) to cut supply toward year-end.
Recent Stories
PFN confers ‘Defender of Faith’ award on VP Osinbajo
In acknowledgment of his stand and support for the Christian faith and exemplary service to humanity, the Pentecostal Fellowship of Nigeria, PFN, has conferred a special award of the Defender of Faith on Vice President Yemi Osinbajo.
Court adjourns Diezani Alison-Madueke’s fraud case
The Federal High Court in Abuja yesterday adjourned the corruption case involving a former Minister of Petroleum Resources, Diezani Alison-Madueke, who is believed to be in the United Kingdom.
Manchester United boss not ready to release players for Internationals
Manchester United manager Ole Gunnar Solskjaer said it “doesn’t make sense” for his players to travel for international duty later this month if they have to quarantine on their return and miss games as a result.
Leicester boss explains Kelechi Iheanacho substitution in draw vs Burnley
Leicester City forward Kelechi Iheanacho may have produced “fabulous technique” for his goal but it was not enough to keep him on the pitch for 90 minutes in the 1-1 away draw against Burnley on Wednesday night.
Senate accuses NNPC of payment of N443 billion as subsidy without appropriation
The Senate Committee on Public Accounts has uncovered how the Nigerian National Petroleum Corporation (NNPC) paid N443 billion without appropriation.
Most Popular
Thomas Tuchel makes Premier League history in Chelsea vs Manchester United draw
Chelsea and Manchester United settled for a goalless draw in an encounter at Stamford Bridge that saw goal opportunities come at a premium.
Former minister endorses Akwa Ibom government’s International worship centre
A former Minister of Petroleum, Otuekong Don Etiebet, has thrown his endorsement behind plans by Akwa Ibom State Governor, Mr Udom Emmanuel. to build an international worship centre for God in the state. This comes amidst criticism that has trained the project by critics of the government in the state.
NITDA empowers people living with disabilities with ICT training
The National Information Technology Development Agency (NITDA), has commenced a 5-day training program with People Living with Disabilities (PLWD’s) to facilitate innovative, technology-driven economic growth, through the use of ICT.
Alexei Navalny emerges in jail in Russia’s Vladimir region, meets lawyers
Kremlin critic Alexei Navalny is sharing a quarantine cell in central Russia, allies said on Wednesday, revealing his location for the first time since he was moved from jail in Moscow last week to serve a 2-1/2 year sentence in a penal colony.
IPMAN advises Nigerian to stop panic buying of petrol
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised Nigerians to stop panic buying and stocking of Premium Motor Spirit, popularly known as petrol.