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Nigerian Equities Market
Activities on the Nigerian equities Market opened for the month of July on a negative note with the crucial market indices dropping by 1.18 per cent.
Airtel Africa Plc is set to become the third most capitalized quoted company on the Nigerian stock market as the telecommunications company concludes arrangements to list its shares on the Nigerian Stock Exchange (NSE). Nigeria alone accounts for 36% of its total revenue.
The Nigerian equities market yesterday shed 1.22 per cent, causing market capitalisation to dip below the N11 trillion mark on sustained profit taking.
The Nigerian equities market commenced trading for the week on Monday still on a bearish trend with the market indicators dropping by 0.74 per cent.
The Nigerian equities market closed lower on Thursday with further decline of 1.33 per cent to extend losing streak to five consecutive transactions days.
Despite the release of corporate earnings by many companies, the Nigerian equities market closed last week downtick following profit taking in bellwether stocks.
The Nigerian equities market opened the week on a bullish note as investors continued to react positively to nine month corporate earnings being released by companies.
The Nigerian Stock Exchange (NSE) has admitted about N1.7 billion worth of Federal Government Saving Bonds new issuances in its daily official list in the first seven month of 2018.
The Nigerian equities market yesterday maintained negative sentiment as the Nigerian Stock Exchange (NSE) All – Share – Index (ASI) further lost 0.30 per cent. NSE-ASI shed 108.44 absolute points, representing a decline of 0.30 per cent to close at 36,346.80 points.
The Nigerian equities market opened the week on a positive note as the Nigerian Stock Exchange (NSE) All Share Index rose by 0.30 per cent to 36,711.96. This was just as bargain hunting entered its second day.
With two weeks into the second half (H2) of the year, the Nigerian equities market has lost a total of N320 billion following weak demand by investors who are adopting cautious trading.
For those who want to make a difference, the first step out of the gate, is to know where you want to end up. Knowing the destination and height you want to take your organization to, for Tokunbo Abiru, the Group Managing Director/Chief Executive Officer of Skye Bank Nigeria, service, passion, perseverance and equanimity best describe him.
Venus Williams’ first visit to Asia since 2017 was cut short as she crashed out of the Wuhan Open first round on Sunday 7-5, 7-6 (7/5) to fellow American Danielle Collins.
Austin Braimoh, a commissioner of the police service commission (PSC), has accused the Nigeria police force (NPF) of padding the recruitment list of 10,000 constables with unqualified candidates.
In the wake of the ‘Blue girl’ incident where a woman killed herself after being arrested trying to access a football stadium a FIFA delegation has demanded Iran allow women free unlimited access to stadiums.
Lagos State Deputy Governor, Dr. Obafemi Hamzat, has said Nigeria has no business with poverty if her citizens duly followed the instructions of God by being godly and doing what is right and ideal always.
Former England striker John Fashanu has weighed into the debate over who Chelsea forward Tammy Abraham should represent at international level, suggesting he should think seriously about playing for Nigeria.
The Lagos State Government on Wednesday gave N20,000 ($55.56) to each member of the second batch of 319 Nigerians evacuated from South Africa.
Cristiano Ronaldo has clarified that a hand gesture he aimed at Atletico Madrid supporters during Juventus's 2-2 draw with the Liga side was not intended to offend them.
Rare small protests broke out on Friday in Cairo and other Egyptian cities calling for the removal of President Abdel Fattah al-Sisi but police quickly dispersed them, AFP journalists reported.
The Commonwealth of Zion Assembly (COZA), the church whose founder, Pastor Biodun Fatoyinbo, was accused by Busola Dakolo of raping her, has absolved him of culpability.
Boko Haram and Islamic State of West Africa Province terrorists in large numbers are fleeing their hideouts in Lake Chad Tumbus to North and Central Africa sub-regions, Col. Sagir Musa, Acting Director, Army Public Relations, claimed.