Equities
News and analysis from Nigeria's equities market
Investors lose N13.9 billion on the NSE during the week
The equity market continued in its bearish run for the 7th consecutive week as the ASI dipped by 0.69% to...
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BUA Cement loses N162 billion in market value in a week
Shares of Nigeria’s second-largest cement manufacturer declined by N4.8 per share to close lower for the week.
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JP Morgan, Wells Fargo, Goldman Sachs settle lower in unison following Fed’s decision
The 10-year Treasury yield reversed higher before consolidating at 1.73%, as it stayed around its 14-month high.
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DANGOTE, BUACEMENT weigh on Nigerian stocks, despite gains from Zenith Bank, GTBank
BUACEMENT (-6.42%) and DANGCEM (-3.42%) were the major drivers of the plunge, despite the latter's announcement of an N16/share dividend.
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Bulls maintain dominance in the NSE banking index despite drop of NSE ASI
The success of the sector came despite the drop of the NSE ASI by -1.37%.
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Nigerian Stocks: List of dividends announced in 2020
This is a list of Dividends announced so far in 2020.
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Dangote Cement proposes N272 billion as dividend for 2020
Dangote Cement Plc has proposed a total of N272.6 billion to the shareholders of the company.
Read moreDetailsUnion Bank Plc posts N18.7 billion profit in FY 2020.
Union Bank of Nigeria Plc released its full-year results for the year ended 31 December 2020. Net interest income after...
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Oba Otudeko loses N371 million from his Honeywell flour stake in a single day
Oba Otudeko’s stake in his flour milling enterprise declined by N371 million in value in a single day.
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NSE Banking makes bullish recovery as Jaiz Bank, Sterling Bank plunge
Market sentiment measures bullish as seven wins trump the two losses and one stalemate in the NSE banking.
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