Lafarge WAPCO, the cement producer has recorded a 50 per cent rise in its first quarter profit for this year. According to a report sent to the Nigeria Stock Exchange today, Lafarge increased turnover by about N700million, to N23.3 billion. It was N22.6 billion at the same time last year. The company’s biggest performance was [...]
Transactions on the Nigerian Stock Exchange (NSE) opened for the week on Monday on a negative note with major equities recording price depreciation. The All-Share Index declined by 128.26 points or 0.39 per cent to close at 33,030.82 against the 33,159.08 achieved on Friday. Also, the market capitalisation dropped N41 billion to close at N10.560 [...]
Two Nigerian stock broking firms- Vision Trusts and Investment Limited and AIMS Asset Management Limited have been suspended from participating in capital market activities by the Securities and Exchange Commission, SEC. The capital market regulator said the suspension also affected individuals sponsored by the companies. Information published on the website of SEC indicated that Vision [...]
Trading on the Nigerian Stock Exchange (NSE) on Tuesday remained on the upbeat trend with major blue chips recording price appreciation and market indicators appreciating by 1.4 per cent. The All-Share Index rose by 461.35 points to close at 33,351.71 against the 32,890.36 achieved on Monday. Also, the market capitalisation increased by N148 billion or [...]
A total of 515.93 million shares worth N3.2 billion were traded in 6,680 deals on the Nigerian Stock Exchange on Tuesday. This was against the 970.02 million shares valued at N8 billion traded in 6,374 deals on Monday. Stock prices rebounded on Tuesday which led to appreciation of market indices by 0.31 per cent. The [...]
Transactions on the Nigerian Stock Exchange (NSE) re-opened, on Monday, on a positive trend as some blue chips recorded huge price gains. The All Share Index, which opened at 28,538.05 appreciated by 448.14 points or 1.6 per cent to close at 28,986.19. Similarly, the market capitalisation grew by N143 billion or 1.6 per cent to [...]
The market indices of the Nigerian Stock Exchange depreciated by 0.21 per cent on Thursday due to price losses by some major blue chips, especially listed cement companies. The All-Share Index, which opened at 28,501.21, depreciated by 59.83 points or 0.21 per cent to close at 28.441.38. Also, the market capitalisation dropped by N19 billion [...]
