The Stock Market continues bullish run for the third time this week
The Nigerian Stock Exchange ended Thursday's trading session in positive territory. The All Share Index closed at 31,477.51 basis points, up 1.07%.
MTN Nigeria takes over the Stock Market with its exceeding trades
The Nigerian Stock Exchange ended Wednesday's trading session in positive territory. The All Share Index closed at 31,145.15 basis points, up 3.07%.
MTN Nigeria continues its bull run on the NSE
MTN Nigeria continued its bullish run as @nsenigeria ended Tuesday's trading session in positive territory. ASI closed at 30,218.14 basis points, up 2.88%.
Nigerian Stock Exchange opens the week on a positive note
The Nigerian Stock Exchange ended Monday's trading session in positive territory. The All Share Index closed at 29,373.40 basis points, up 1.74%
MTN Nigeria’s share price hits N119 as shareholders engage in off-market sales
@MTNNG share price is now N119.75 kobo after debuting on the @nsenigeria at N90 per share. The company's shareholders tapped into the off-market to sell shares at a higher price, even as investors were willing to buy at N125.
Market/Economic Insight: The Weekly Brief (May 13th – 17th 2019)
With the listing of 20.4 billion ordinary shares of MTN Nigeria’s share at N90 per share last week, the performance of the Nigerian Equity Market closed bullish last week
Access Bank, GTB and 48 other companies declare N578.114bn dividends
Fifty companies that have held their AGM for 2018 business year, have so far declared a total of N578.114 billion dividends for payment to shareholders.
MTN Nigeria gets a wildcard entry in this week’s watchlist
@MTNNG leads this week's watchlist due to record demand for the stock by investors, following its listing.
CORPORATE ACTIONS: An Exit and a Yhello landing
@MTNNG listing on the @nsecontact premium board was the highlight of activities on the Nigerian bourse last week.
Champion Breweries falls below 10 year low this week
Thomas Wyatt Plc led the gainers this week on the Nigerian Stock Exchange (NSE) appreciating by 24%.
Again, MTN tops gainers’ chart as market close bullish
The @nsenigeria closed trading session bullish as @MTNNG maintains top gainer today.
Post listing market reaction to MTN Nigeria’s stock
MTN Nigeria's Share price rose by 10% from N90 per share to N99 per share after listing on the premium board of the Nigeria Stock Exchange.
MTN’s listing by introduction: Should you buy, sell or wait and see?
MTN Nigeria has listed its shares on the Nigerian Stock market (NSE) as the telco-giant received regulatory approval from SEC and NSE to list 20.3bn units of shares at a price of N90 per share.
Guinness Nigeria is a SELL
@guinnessngr is a SELL in Nairametrics opinion due to the poor fundamentals of the brewery industry.
MTN’s NSE-listing, what you need know, and analysts’ forecasts
The most anticipated and biggest listing on the Nigerian Stock Exchange is happening right now in Lagos, Nigeria. We are talking about none other than the MTN Nigeria listing.
Investors lose N352bn during NSE’s eight days of losing streak
@nsenigeria experienced a losing streak that led to the loss of N352 billion in eight days after market capitalisation of equities listed on the public market closed at N10.627 trillion on Wednesday.
The Stock Market turns bearish for the third time this week
The Nigerian Stock Exchange ended Wednesday's trading session in negative territory. The All Share Index closed at 28,286.08 basis points, down 0.48%.
Alert: MTN’s 20.3bn Shares to start trading this week
Nigeria's telecom giant, MTN, is set to be officially introduced on the Nigerian Stock Exchange on Thursday as all relevant processes have now been completed.
Neimeth Pharmaceuticals records high Topline, as earnings stay downbeat
Neimeth International Pharmaceuticals Plc closed its books for the quarter with an impressive half-year financial scorecard, showing the highest revenue recorded in the corresponding period in the last six years.
May & Baker’s top-line dips following food business disposal
Following the divestment of its foods business which, on average, accounts for 23.36% of its revenue, May & Baker Nigeria Plc recorded a dip of 14.22% in topline from its continued operations, with turnover settling at NGN1.87bn.
First Aluminium Nigeria Plc’s shares to be suspended
Ahead of the voluntary delisting of First Aluminium Plc's entire issued share capital, the company is to be suspended trading its shares on the Nigerian Stock Exchange (NSE).
Newrest ASL Nigeria Plc delists entire issued share capital from NSE
Following approval by the Nigerian Stock Exchange (NSE), Newrest ASL Nigeria Plc has delisted its entire issued share capital from the daily official list of the Nigerian bourse.
The Weekly Brief (Monday, 29 April – Friday, 03 May 2019)
The performance of the Nigerian Equity Market remained bearish last week with the index trending downward by WTD to close at an index level of 1.78%.
Nigerian Breweries takes a spot in this week’s watchlist
@nbplc has a spot in this week's watchlist as the company will be holding its Annual General Meeting.
CORPORATE ACTIONS: Rocky Results and Markdowns
@lawunionrock was the only firm that released its results on the @nsecontact last week
Beta Glass Plc leads top gainers for the week
Beta Glass Plc led the top 10 gainers on the Nigerian Stock Exchange for the trading week ended May 10. 2019. The stock appreciated by 23.1% to close at N68.95.
The Nigerian Stock Exchange ends the week on a bearish note
The Nigerian Stock Exchange ended Friday's trading session in negative territory, ending the week bearish. The All Share Index closed at 28,847.81 basis points, down 0.17%.
Daily Update: Bond market reacts positively to CBN Governor’s tenure renewal
Welcome once again to daily performance of major economic indicators and highlights from trading sessions and key statistics such as T-bills, bonds, FX rates, inflation, oil price.
Zenith Bank trades heavy volumes as NSE closes negative
The Nigerian Stock Exchange ended Thursday's trading session in negative territory. The All Share Index closed at 28.896.25 basis points, down 0.24%.
Here are some 3 investment options you really should consider
Since there are different investment options out there, you need to weigh all your options carefully before laying down a kobo of your hard earned money.
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Purported EFCC raid on MTN Nigeria head office might be false
There were wild media reports, late Friday night, purporting that the Economic and Financial Crimes Commission (@officialEFCC) raided the head office of @MTNNG. This might be wrong.
Daily Update: T-Bills Market turns bearish as CBN resumes OMO sales
Welcome to Nairametrics‘ summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and Bonds. This is brought to you by Zedcrest.