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

NSE moves 307.79 million shares valued N2.91 billion in bearish trend

The Nigerian Stock Exchange (NSE) on Friday moved 307.79 million shares valued at N2.91 billion exchanged in 4,393 deals.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

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

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

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

Airtel, Guinness drive NSE ASI up 1.73 percent

Despite the bearish sentiment that hovered around the Nigerian stock market last week, transactions rebounded as the shares of Airtel, Guinness and Dangote Cement lifted the market’s index up by 1.73 per cent on Monday.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market indices drop further 0.09%

The Nigerian Stock Exchange (NSE) market indicators on Tuesday dropped further by 0.09 per cent on sustained profit taking embarked on by some investors.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Stock market gains N138 billion despite profit taking

The stock market posted positive performance last week despite profit taking by some investors, as it sustained the growth recorded in the previous week.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE sustains positive momentum with 0.10% growth

The Nigerian Stock Exchange (NSE) on Thursday sustained positive momentum with a growth of 0.10 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria stock market opens November with 0.17% loss

The Nigerian equities market resumed November trading with a loss of 0.17 per cent, halting the six-day bullish run on the back of profit taking.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation gains N239 billion on enhanced confidence

The Nigerian Stock Exchange market capitalisation gained N239 billion in about six hours of trading on Wednesday, due to crash in money market instruments and improved third quarter earnings.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

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

NSE market capitalisation sustains growth by N67 billion

The Nigerian Stock Exchange (NSE) key market indicators on Wednesday sustained positive rally, appreciating by 0.50 per cent due to monetary policy rate cut to 11.5 per cent.
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 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

Nigerian stocks records ninth consecutive gain

The Nigerian stock market gained ground for the ninth day in a row, with the benchmark All Share Index (ASI) improving further by 0.87 per cent to settle at 24,354.25 points after oil price climbed above $31 per barrel on Thursday.

Investors stake N15.5 billion on equities ahead of Santa Claus rally

The momentum of activities at the Nigerian equities market has increased as investors opened up more orders in early positioning for the often-expected Santa Claus rally. Investors staked N15.5 billion on 1.38 billion ordinary shares in 14,528 deals last week, 32.3 per cent increase on total turnover volume of 1.04 billion ordinary shares valued at N14.63 billion in 14,974 deals traded in the previous week.
Nigerian Stock Exchange NSE

NSE lifts suspension on Royal Exchange

Authorities at the Nigerian Stock Exchange (NSE) on Thursday lifted suspension placed on trading on the shares of Royal Exchange Plc after the insurance-based holding group submitted its audited report and accounts.
Nigerian Stock Exchange NSE

NSE all-share index rises 0.85% as Bellwether stocks lift market

Chams Plc led the price gainers with 10 per cent following investors sustained their high demand for the stock after it recovered from a loss in 2017 to profit last year.
Nigerian Stock Exchange NSE

Stocks market gains 1.98%, returns YTD performance back to positive

The Nigerian stocks market yesterday posted a gain of 1.98 per cent, its best performance so far in 2019, to further extend bullish trend to five consecutive trading days and return the year-to-date (YTD) performance to positive after seven months of being negative.
Nigeria Stock Exchange

Equities market gains N105 billion as investors react positively to corporate earnings

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.

Stock market sheds N10 billion on renewed sell-off

Analysts at Afrinvest Limited stated that “we anticipate a rebound in today’s trading, as we saw significant buy interest in banking stocks yesterday, which we expect to be sustained throughout this week.”
Aliyu Abdulhameed

NIRSAL launches new agric insurance product

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has developed a new insurance product to mitigate the impact and losses of agricultural yields and market price risks for smallholder farmers.

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Minister of Finance, Zainab Ahmed

Minister: Nigeria will continue to borrow to build infrastructure

The Minister of Finance, Budget and National Planning, Zainab Ahmed, who made this known during a press briefing at the State House, Abuja justified the need for government to continue to borrow to provide basic infrastructural facilities, saying: “If we say we will not borrow and therefore not build rails and major infrastructure until our revenue rises enough, then, we will regress as a country, we will be left behind, we won’t be able to improve our business environment and our economy will not grow.”
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A journalist and a police officer take pictures of each other as people protest against the military coup in Yangon, Myanmar February 23, 2021. REUTERS-Stringer

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