Zenith Bank

The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday depreciated further by N9 billion, amid profit taking.

Investors appeared to be making strategic shift to dividend-hunting among low-priced stocks as the bearishness at the Nigerian equities market continued to mitigate share prices of most large and mid-cap stocks.

In spite of an influx of unaudited 2019 full year results, trading on the nation’s bourse opened for February on a bearish posture, as investors’ sentiment remained weak.

Transactions on the Nigerian Stock Exchange (NSE) maintained a downward trend for the fourth consecutive trading day with the market indicators extending its losing streak by 0.27 per cent.

An EFCC witness, Stanley Ani, on Tuesday told an FCT High Court, N36.5 million was not remitted to the Joint Admission and Matriculation Board (JAMB) as revenue.

The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019.

The Nigerian Stock Exchange posted the first loss in 2020, dropping by 1.18 percent after 11 days of a consecutive uptrend.

The equities market today (Tuesday) recorded the first profit taking after a long streak gain this month leading to a decline in a major performance index as the Nigerian Stock Exchange, NSE All Share Index declined by 1.2 percent or 118 bases points, bps.

Julius Berger Nigeria Plc has been ranked in the upper Top 100 Nigerian companies in terms of assets, revenue and profits in fiscal year 2018.

Transactions on the Nigerian Stock Exchange (NSE) moderated on Friday with the market indicators improving marginally by 0.07 per cent.

Zenith Bank Plc has re-instated its commitment to the development of sports in Nigeria with a pledge to maintain its leadership position in this direction.

The trial of a Lagos-based prophet, Cletus Ilongwo, charged with N49.6 million fraud in an Ikeja Special Offences Court was on Monday stalled following the absence of an Economic and Financial Crimes Commission (EFCC) witness.

The Nigerian Stock Exchange opened the last trading week for 2019 on Monday with a growth of 0.73 per cent following investors’ interest in heavyweight stocks.

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.

The Nigerian equities market ended Tuesday session in red with the All-Share Index dropping by 0.13 per cent.

The Nigerian Stock Exchange (NSE) crucial market indices opened trading yesterday with a 0.60 per cent appreciation following rising interest in banks securities. Specifically, the market capitalisation which opened at N12.807 trillion early in the day, rose by N77 billion or 0.60 per cent to close at N12.884 trillion.

The Nigerian Stock Exchange (NSE) crucial market indices opened trading for the week on Monday with a growth of 0.60 per cent following enhanced bank in interest.

A former councillor in Ekiti Local Government Area of Kwara State, Samuel Adeojo, has been arrested by the Economic and Financial Crimes Commission for car theft.