Presco Plc, Cadbury Nigeria, UACN, and others topped the Gainers' Chart today as the market closed in positive territory.
As the NSE maintained a bearish trend into December, data showed that the top ten stockbroking firms traded N120.4 billion shares in November 2019. #NSE #CIS @nsenigeria
C&I leasing, Courteville, Oando, UBA and UACN topped the chart of gainers today on the floor of the Nigerian Stock Exchange (NSE).
The stocks of Dangote Cement Plc, Zenith Bank Plc, Nestle Plc, Nigerian Breweries Plc, and Seplat Plc have made the list of shares of fortune.
Following close of yesterday’s trading session, the Nigerian equities market traded at a P/E ratio of 6.88x.
Between December 2018 and October 18th, 2019, the share price of C & I Leasing Plc has leaped by as much as 310% to N7.30, up from N1.78
It may surprise you to know that Academy Press Plc, which is one of the oldest and “biggest” publishing houses in the country, is currently valued at less than a million dollars.
Eighty-seven, out of the 170 quoted companies on the Nigerian Stock Exchange failed to pay dividends to their shareholders in 2019.
It may even interest you to know that out of the 170 companies on the Nigerian bourse, only about six of them account for as much as 68% of the entire market capitalisation of the NSE.
Two banking stocks, in particular, are posting double-digit growth in their stock prices this year to date.
The FGN Bond market opened the month on a firmly bearish note, with yields trending higher by c.14bps, as market players reacted to the hike in the 1yr OMO rate by the CBN to 13.50% (15.60% yield), which weakened bid prices further, especially on the short end of the curve.
Despite the slow momentum maintained on the Nigerian Stock Exchange (NSE) into the third quarter of year 2019, the top 10 stockbroking firms in terms of volume and value still have a cause to smile.
The Nigerian Stock Exchange closed down 0.99% in the last trading week in August.m
The Central Bank of Nigeria (CBN) has been promoting pro-growth strategies recently, while letting market interest rates fall to a shade over the inflation rate.
The Nigerian Stock Exchange (NSE) received a serious boost as the market closed on a positive note this week.
There are also stocks that are at the lowest tier with market capitalizations that fall below what you will expect of a company listed in the upper tier of the Stock Exchange. One company holds the unenviable title of being the least capitalized stock on the Nigerian Stock Exchange.
The Nigerian Stock Exchange (NSE) has continued to perform negatively, as the market maintained its downward slope throughout the week.
The Nigerian Stock Exchange maintained its downward trend as the All Share Index (ASI) fell below the 28,000 psychological mark to settle at 27,864.49 points.
In May 2019, @MTNNG listed on the Nigerian Stock Exchange (@nsenigeria). The move was perceived by many as both an invitation and a challenge to other telecoms companies such as @GloWorld and @9mobileng to do the same.
Here is all you need to know on how you can verify, validate and claim your expired or unclaimed dividends from your registrar. #dividends
On July 2nd, International Breweries Plc (IntBrew) released its Q1 2019 results which presented the opportunity to compare the company’s post-merger performance. Revenue grew 35.2% y/y to N35.1bn in Q1 2019 from N26.0bn in Q1 2018.