Tag: stock market
Investors lose N56bn at Stock Market
Specifically, sell-offs in the stocks of Guaranty Trust Holding Company (GTCO), Zenith Bank, FBN Holdings, Fidelity Bank, Wema Bank, as…
Appointment: FBN Holdings share value down 84% on stock market
Olayinka said that the sudden resignation of Adeduntan before the expiration of his tenure on Dec.31, 2024, might not be…
Stock market rebounds with N57bn gain amidst buying interest
The market capitalisation, which opened at N56.447 trillion, rose by 0.10 per cent to reach N56.504 trillion by the close…
Investors on stock market gain N899bn
On the gainers’ table, Sterling Nigeria, Neimeth International Pharmacy (NEIMETH) and Transcorp led in percentage terms of 10 each to…
Stock market crashes by N42bn
The All-Share Index (ASI) also declined by 73.56 basis points or 0.17 per cent to close at 43, 839.08 from 43,912.64…
Stock market drops by N124bn as sell pressure persists
The All-Share Index (ASI) also dropped by 231.57 points or 0.47 per cent to close at 49,190.34 from 49,421.91 recorded…
Stock market suffers N291bn loss in four days
Investors have suffered losses totalling N291bn in the four days since the second half of the year began. The market,…
Oil slumps to lowest price in a year as stock markets sink
Oil prices fell more than four per cent on Thursday, hitting their lowest in more than a year on worries…
Stock markets fall amid trade fears
Stock markets have fallen sharply amid fears of a further deterioration in US-Chinese trade relations.
Stock market downturn: Operators seek monetary policy review
Some capital market operators on Wednesday called for downward review of the monetary policy to revitalise economic activities and boost…
Nigeria financial markets suffer after JP Morgan expulsion
Nigeria’s stocks sunk on Wednesday after JP Morgan said it would eject Africa’s biggest economy from its influential emerging markets…
Naira hits new low, now N241 for $1
LAGOS, (Reuters) – The naira has hit a new low against the dollar in the black market. It sold for…
NSE market indices drop further by 0.14%
Transactions on the Nigerian Stock Exchange (NSE) for the second consecutive day in the week closed on a negative note,…
Poll shift affects naira, stock exchange
The postponement of Nigeria’s general election has hit the country’s faltering economy, adding to existing pressures caused by the global…
Capital market indices up by 0.52%
Transactions in the Nigerian Stock Exchange (NSE), reopened on Monday on a bullish trend with the market capitalisation appreciating by…