Equities
News and analysis from Nigeria's equities market
Against COVID-19 headwinds, Okomu Oil records N4 billion profit in H1 2020
The stocks has recorded impressive returns to its investors especially in 2020.
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COVID-19: Abuja Sheraton suffers 88% drop in revenues
Covid-19 lockdowns have negatively impacted Nigeria's hospitality sector.
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Investors lose N69.6 billion triggered by TOTAL, SEPLAT, GTBANK and MTN
Market sentiment mirrored the All Share Index with 18 losers against 16 gainers.
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Julius Berger records foreign exchange loss of N3.102 billion in H1, 2020
Julius Berger had a plunge in administrative expenses to N15.748 billion in 2020.
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DANGOTE CEMENT, GTBANK, ZENITH record gains, as investors gain N186.6Â billionÂ
The All Share Index rose as banking bellwethers buoyed the Banking Index by 3.71%.
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Value of shares traded by top 10 stockbrokers up 133% despite COVID-19
The total volume of shares also witnessed an increase of over 600 million shares.
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Global shares plunge, as US, China tension heats up
America’s S&P 500 index broke its three-week winning streak yesterday.
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UNITY BANK, FIDSON, JULIUS BERGER end the week bullish, ASI up 0.58%
28 equities appreciated in price during the week, higher than 26 equities in the previous week.
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Dangote Cement posts N126.41 billion profit in H1 2020
The company reported revenue of N476.85 billion for the period ended June 2020 compared to N467.73billion recorded in June 2019.
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Bears visit Nigerian stock market, triggered by Seplat, Unilever losses
SEPLAT and UNILEVER recorded the largest decline with -10.00% and -4.67% drop in share value.Â
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