Wealth.ng
Home Markets

Markets

Investing in Nigerian equities, treasury bills, bonds, fixed deposits, cryptocurrencies etc.

Here’s why Continental Reinsurance is delisting from NSE 

Continental Reinsurance Plc has reverted to a private limited liability company after two decades of operating as a public limited liability company.
FUGAZ Banks, loans, loan, Access, Zenith, GTBank, top actively traded stocks on Monday 

FUGAZ lead actively traded stocks on Monday 

The FUGAZ attracted a huge volume of trades on the floor of the stock market as they traded in 147.32 million shares at N2.68 billion.
Nigerian Stock Exchange, NSE: Return of the Bulls, Bulls reign at the bourse as stocks gain N460.69 billion on Wednesday, Okomu, UACN, Ekocorp top gainers list on Friday 

Access, Zenith, Lafarge top actively traded stocks on Thursday 

The stock market bounced back today to retain its N15 trillion mark as the All-share index moved up by 1% to close at 29,352.13 index points.
Nigerian Stock Exchange, Beta Glass, Forte Oil, Transcorp lead gainers chart on Wednesday, Law Union, AIICO, Honeywell top gainers’ chart on Wednesday 

Beta Glass, Forte Oil, Transcorp lead gainers’ chart on Wednesday 

Beta Glass, Cornerstone Insurance, Glaxosmith, Forte Oil and Transcorp made the ranks of stocks that recorded positive growth on the floor of the Nigerian Stock Exchange (NSE) on Wednesday. #BETAGLASS,#FORTEOIL,#TRANSCORP
Lekan Akinyanmi, Lekoil, Lekoil secures $184m funding to finance OPL 310 drilling , Loan scam forces Lekoil’s shares to plunge over 70% as more denial emerges, Seawave Invest Ltd said it is open to investigation over Lekoil’s loan scam , Loan scam: Lekoil Limited seals payment extension deal to prevent losing oilfield

Lekoil’s stock drops by 73% on London Stock Exchange

The alleged loan scam rocking Lekoil Limited has eaten deep into the fabrics of the firm's shares, as the stock down by 73%, when it closed at 2.50 pence on the London Stock Exchange on Tuesday. #LEKOIL, #LSE
FCMB, NSE, Nigerian stocks, Nigerian stock exchange, Presco, Cadbury, UACN led top gainers' chart as ASI gains 0.51%, Guinness, UBA, Access, two others led top gainers on Monday , Access, Zenith and GT Bank traded N3.42 billion shares on Tuesday , Ikeja Hotel, Cadbury, Union Bank top gainers’ chart on Wednesday , Nigeria Breweries, Unilever, Unilever lead gainers chart on Friday , Stock Market dipped N197.35 billion Equity value on Monday , Bulls return to the NSE as market cap hits N13 trillion mark, FCMB, Cornerstone Insurance lead gainers as bourse gain N94.2 billion , Law Union, Lafarge, Unity Bank lead gainers on Tuesday 

NSE records first loss in 2020, as ASI dip 1.18% 

The stock market traded bearishly on Tuesday for the first time this year, having dipped 1.18% of the All-Share index,
NSE moves to protect investors’ data , Ekiti, Osun, Delta, Imo, 9 others raise over N500 billion bonds in 10 years, Equities: Foreign investors remain net sellers of Nigerian equities, Top 10 stockbroking firms traded N1.35 trillion on stocks in 2019, Equities: A bullish run to start the year, NSE to sustain growth in 2020, CEO assures

NSE to sustain growth in 2020, CEO assures

The Nigerian Stock Exchange (NSE) has assured that the growth trajectory witnessed since the beginning of the year would be sustained in 2020.
Akon finalises agreement to create his own ‘Wakanda’ City in Senegal 

Akon to create own City, residents to trade with Crytocurrency  

Akon will now have his own City situated in Senegal after finalising agreement with the government of Senegal.
Nigerian Stock Exchange, sound, C & I Leasing Plc, NSE launches factbook, Top 10 stockbroking firms

MTN, UACN, Lasaco lead gainers chart on Monday

The stock market continued its trend of positive performance today as the All share index gained 0.74% to close at 29,633.58 index points
MTN Nigeria, MTN to withdraw case against AGF after transfer to debt issue to FIRS, Customs, MTN Nigeria reacts to poor internet as network issues go beyond Nigeria 

MTN stock rises in SA, as Nigeria’s AGF drop $2 billion tax claim charges

The decision of the AGF and Minister of Justice to drop its $2 billion tax claim against MTN Nigeria has affected the company’s shares.
Nigerian Stock Exchange, NSE: Return of the Bulls, Bulls reign at the bourse as stocks gain N460.69 billion on Wednesday, Okomu, UACN, Ekocorp top gainers list on Friday 

Okomu, UACN, Ekocorp top gainers chart on Friday 

Okomu Oil, C&I Leasing, UACN, Livestock Feed and Ekocorp Plc led the ranks of gainers on the flour of the stock market.
Illustration: Ogieva Imasuen

Equities: A bullish run to start the year 

Following a bearish run in 2019, with a negative return of 14.6%, the local bourse began the year on a positive note.
NSE lifts suspension on Omatek Ventures’ shares

NSE set to review 2019 market performance, give outlook for 2020

The NSE has disclosed that it would hold its annual review/market recap for 2019 on the performance of the market and give an outlook for 2020.
Nigerian Stock Exchange, NSE: Return of the Bulls, Bulls reign at the bourse as stocks gain N460.69 billion on Wednesday, Okomu, UACN, Ekocorp top gainers list on Friday 

FBNH, Berger, Conoil lead gainers’ chart on Wednesday 

The Bulls are still dominant on the floor of the Nigerian Stock Exchange as the All-share index grew by 3.54%.
stockbroking firms

Top 10 stockbroking firms trade N1.35 trillion on stocks in 2019

The Nigerian Stock Exchange (NSE) ended 2019 bearish as All-Share index posted a loss of 14.09%.
NSE Nigerian stocks, UBA, Zenith, First Bank lead actively traded stocks on Tuesday 

UBA, Zenith, First Bank lead actively traded stocks on Tuesday 

Bank stocks attracted significant trades on the bourse today as UBA, Zenith Bank, and others topped the ranks of actively traded stock.
FCMB, NSE, Nigerian stocks, Nigerian stock exchange, Presco, Cadbury, UACN led top gainers' chart as ASI gains 0.51%, Guinness, UBA, Access, two others led top gainers on Monday , Access, Zenith and GT Bank traded N3.42 billion shares on Tuesday , Ikeja Hotel, Cadbury, Union Bank top gainers’ chart on Wednesday , Nigeria Breweries, Unilever, Unilever lead gainers chart on Friday , Stock Market dipped N197.35 billion Equity value on Monday , Bulls return to the NSE as market cap hits N13 trillion mark, FCMB, Cornerstone Insurance lead gainers as bourse gain N94.2 billion , Law Union, Lafarge, Unity Bank lead gainers on Tuesday 

FCMB, Cornerstone Insurance lead gainers’ chart

The Nigeria Stock Exchange (NSE) traded in positive territory today as the major market indicator, all share index witnessed 0.8% increase.
FCMB, NSE, Nigerian stocks, Nigerian stock exchange, Presco, Cadbury, UACN led top gainers' chart as ASI gains 0.51%, Guinness, UBA, Access, two others led top gainers on Monday , Access, Zenith and GT Bank traded N3.42 billion shares on Tuesday , Ikeja Hotel, Cadbury, Union Bank top gainers’ chart on Wednesday , Nigeria Breweries, Unilever, Unilever lead gainers chart on Friday , Stock Market dipped N197.35 billion Equity value on Monday , Bulls return to the NSE as market cap hits N13 trillion mark, FCMB, Cornerstone Insurance lead gainers as bourse gain N94.2 billion , Law Union, Lafarge, Unity Bank lead gainers on Tuesday 

Bulls return to stock market, as bourse’s cap hits N13 trillion mark 

NSE traded in positive territory on Friday as the market indicator grew 0.38% to close at 26,968.79 index points.
Chelsea FC announces N46.42 billion loss in 2019

Chelsea FC posts N46.42 billion loss in 2019

Chelsea FC announced on New Year’s Eve that the Group recorded a loss of £96.6 million (N46.42 billion) for the year ended 30 June 2019.
Omatek Ventures’ shares make stock market return as NSE lifts suspension

NSE lifts suspension on Omatek Ventures’ shares

Omatek Ventures Plc has taken the required steps to unsuspend its shares on the Nigerian Stock Exchange (NSE).
interest rates, investment bias, What to do when interest rates are low

What to do when interest rates are low in 2020

It is no longer news that interest rates are falling across all tenors in Nigeria and the world over. Some countries in the West are already seeing negative interest rates. Yield hungry investors and retirees who depend on interest yields on their retirement accounts are scratching their heads thinking of what to do. So, with interest rates heading south, what should you do?
FCMB, NSE, Nigerian stocks, Nigerian stock exchange, Presco, Cadbury, UACN led top gainers' chart as ASI gains 0.51%, Guinness, UBA, Access, two others led top gainers on Monday , Access, Zenith and GT Bank traded N3.42 billion shares on Tuesday , Ikeja Hotel, Cadbury, Union Bank top gainers’ chart on Wednesday , Nigeria Breweries, Unilever, Unilever lead gainers chart on Friday , Stock Market dipped N197.35 billion Equity value on Monday , Bulls return to the NSE as market cap hits N13 trillion mark, FCMB, Cornerstone Insurance lead gainers as bourse gain N94.2 billion , Law Union, Lafarge, Unity Bank lead gainers on Tuesday 

Transcorp, GTB lead actively traded stocks as Bulls return on Monday 

The Bulls were dominant on the floor of the stock market today as the market indicator grew by 0.73% to close at 26,609.34 index points.
SEC plans to develop derivatives trading market this year 

SEC threatens to suspend outdated accounts, to address unclaimed dividends 

Bisi Fayemi, First Lady of Ekiti state has called on the Federal Government to ban imported Aso-Oke fabrics saying it would boost economic growth.
Dangote Cement, Zenith Bank, shares, stocks, ARM's Shares of fortune, Understanding securities lending

Nigeria’s Capital Market: Equities, ETFs, Bonds and Beyond

The Nigerian capital market, like other global markets, will continue to be impacted by macroeconomic trends. Given the prevailing challenging economic conditions the country is facing, Nigeria’s equities market has experienced volatile daily gains and losses. #NSE #ETF
successful investor, Invest According to Your Risk Tolerance and Appetite (1)

10 Actions That Can Make You a Succesful Investor

Find out ten trusted pecks that can jump you up on becoming a successful #investor. #Learn #Grow #mondaymotivation
How to build a profitable Mutual Fund Portfolio

How to build a profitable Mutual Fund Portfolio

How to build a profitable Mutual Fund Portfolio
NEGATIVE EARNING INDUSTRY

How To Value Loss Making Companies

How To Value Loss Making Companies #Investors
Airtel partners Western Union to expand its own mobile money service 

Airtel Africa to raise $37.5 million in Malawi

Airtel Africa has announced it will be raising $37.5 million in Malawi as the telecommunication company plans an IPO in the country’s stock market.
Dangote Cement, Zenith Bank, shares, stocks, ARM's Shares of fortune, Understanding securities lending

Understanding securities lending

Securities lending is a process by which securities are temporarily transferred from one party (the lender) to another (the borrower).
FCMB, NSE, Nigerian stocks, Nigerian stock exchange, Presco, Cadbury, UACN led top gainers' chart as ASI gains 0.51%, Guinness, UBA, Access, two others led top gainers on Monday , Access, Zenith and GT Bank traded N3.42 billion shares on Tuesday , Ikeja Hotel, Cadbury, Union Bank top gainers’ chart on Wednesday , Nigeria Breweries, Unilever, Unilever lead gainers chart on Friday , Stock Market dipped N197.35 billion Equity value on Monday , Bulls return to the NSE as market cap hits N13 trillion mark, FCMB, Cornerstone Insurance lead gainers as bourse gain N94.2 billion , Law Union, Lafarge, Unity Bank lead gainers on Tuesday 

Stock Market shed N197.35 billion on Monday 

NSE lost N197.35 billion of its equity market capitalisation on Monday to close at N12.62 trillion from N12.81 trillion recorded last Friday.