TAG: ALL SHARE INDEX

Nigerian Stock Market Gainers and Losers  (7/06/2017)

Nigerian Stock Market Gainers and Losers (7/06/2017)

All share index rose by 1.88% as trading closed on a positive...


All the major economic news from Nigeria in 5 minutes – 1/6/2017

All the major economic news from Nigeria in 5 minutes – 1/6/2017

Summary of the top business, economic and political news in Nigeria. Health minister Isaac Adewole said that the government would begin enforcement of parts of the...


FG will produce vaccines in conjunction with May and Baker

FG will produce vaccines in conjunction with May and Baker

Almost thirty years after it last produced vaccines in the country, the Federal government has resumed their production in a joint venture with May...



[The Nigerian Economy Today 30/5/2017]- Finally, Shell Petroleum commences loading of crude oil from Trans-Forcados pipeline

[The Nigerian Economy Today 30/5/2017]- Finally, Shell Petroleum commences loading of crude oil from Trans-Forcados pipeline

Summary of the top business, economic & political news in Nigeria.   President Muhammadu Buhari’s approval of the withdrawal of Oil Prospecting Licences 2001,...


CBN has sold over $4 billion defending the Naira since February 2017

CBN has sold over $4 billion defending the Naira since February 2017

The Central Bank of Nigeria (CBN) seems determined to continue with its intervention in the country’s foreign exchange markets, as it has made arrangements...


Fidson denies acquisition/merger plans with May and Baker

Fidson denies acquisition/merger plans with May and Baker

In a press release sent to the Nigerian Stock Exchange (NSE) on Thursday, Fisdon healthcare denied any plans to merge/acquire May and Baker plc....


[The Nigerian Economy Daily] FG has approved the closure of five foreign missions and embassies

[The Nigerian Economy Daily] FG has approved the closure of five foreign missions and embassies

A daily compilation of business and economic news from...


UACN seeking N15.4 billion through rights issue

UACN seeking N15.4 billion through rights issue

UACN, one of Nigeria’s oldest conglomerates yesterday sent a notice to the Nigerian Stock Exchange (NSE)with respect to a proposed N15.4 billion rights issue....


UBA launches Eurobond programme

UBA launches Eurobond programme

Nairametrics. Barely a few weeks after Zenith issued a statement concerning issuing a Eurobond, UBA has followed suit. Here is the summary of the...


Why Fidson may acquire May and Baker

Why Fidson may acquire May and Baker

Nairametrics| Though the Nigerian Stock Exchange has witnessed an uptick, stocks in the healthcare sector have typically being laggards. The pharmaceutical sector in particular...


Reasons Omoluabi Mortgage Bank wants to go national

Reasons Omoluabi Mortgage Bank wants to go national

Nairametrics| During a facts behind the figures session at the Nigerian Stock Exchange (NSE), chairman of Omoluabi Mortgage Bank MrAbubakar Jimoh stated the intentions...


Billions made as Nigerian stock market post best week since Buhari won election

Billions made as Nigerian stock market post best week since Buhari won election

The Nigerian All Share Index capped the week ended May 12 with one of the best runs we have seen in over 2...


Oando Plc to run Port Harcourt refinery with Agip

Oando Plc to run Port Harcourt refinery with Agip

Nairametrics| Wale Tinubu CEO of Oando Plc, said the company was considering raising  N40 billion in fresh capital. He made this statement yesterday at...


Comment: Why Firstbank has joined the digital train

Comment: Why Firstbank has joined the digital train

Nairametrics| One of the biggest banks in the country in terms of share capitalization and size, First bank has decided to focus on digital...


Analysis of average return on equity of NSE 30 companies

Analysis of average return on equity of NSE 30 companies

Nairametrics| A review of about 30 of some of the most capitalized companies on the Nigerian Stock Exchange reveals a total of N705 billion...


Nigerian Stocks: Will the 5 day winning streak fizzle out soon?

Nigerian Stocks: Will the 5 day winning streak fizzle out soon?

Nairametrics| The Nigerian Stock Exchange closed the week ending May 5th 2017 on a winning streak as the bulls continue to secure wins in...


Recession: Nigeria’s biggest companies cutback over N176 billion in investments in 2016

Recession: Nigeria’s biggest companies cutback over N176 billion in investments in 2016

Nairametrics| A compilation of top NSE 30, the leading index on the Nigerian Stock Exchange, reveal a whopping 26% cutback in cash spent on investments...


The Nigerian Economy Today 3/5/2017

The Nigerian Economy Today 3/5/2017

Summary of the top business, economic and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Forex: CBN bars 16 banks from SME window...


Reasons why the stock market is on a bull run

Reasons why the stock market is on a bull run

Nairametrics| In case you have not noticed, the stock market is on a bull run. The all share index has gained for three consecutive...


Ecobank Is Cutting Costs To Return To Profitability

Ecobank Is Cutting Costs To Return To Profitability

Nairametrics|As part​ of efforts to stream​line costs, Pan African bank, Ecobank, has decided to merge 74 of its branches. Perhaps to avoid friction with...


Reasons Dangote Sugar Is Keen On Backward Integration

Reasons Dangote Sugar Is Keen On Backward Integration

Nairametrics| At the Annual General Meeting (AGM) for Dangote Sugar Refinery, chairman of the company, Aliko Dangote, stated his intentions to complete backward integration...


Analysis: Heirs Holdings Is Rejigging Transcorp

Analysis: Heirs Holdings Is Rejigging Transcorp

Nairametrics| Heirs holding, owned by billionaire Tony Elumelu has taken moves to reverse the losses in Transcorp. It has decided to appoint Mr Adim Jibunoh who currently...


The Nigerian Economy Today 25/4/2017

The Nigerian Economy Today 25/4/2017

Summary of the top business, economic and political news in Nigeria today.   NAIRAMETRICS BUSINESS & ECONOMIC Why The Nigerian Stock Market Is Rallying...


Why The Nigerian Stock Market Is Rallying

Why The Nigerian Stock Market Is Rallying

Nairametrics|The Nigerian Stock Exchange (NSE) yesterday rallied by a massive 2.21%. The positive move has reduced the negative year to date return of the...


Why Stanbic IBTC Is Going Into Insurance Brokerage

Why Stanbic IBTC Is Going Into Insurance Brokerage

Nairametrics| At a press briefing held in Lagos, newly established member of the Stanbic IBTC Group, stated it intentions to become one of the...


ACAP Canary Growth Fund Delivers 13% Return in 2016

ACAP Canary Growth Fund Delivers 13% Return in 2016

Nairametrics| ACAP Canary Growth Fund returned 13.74% in 2016, 19.91 percentage points above its benchmark, the Nigeria All Share Index which closed the year...


Chart: Effect of FPI on Nigerian Stocks

Chart: Effect of FPI on Nigerian Stocks

Nairametrics| The Nigerian Stock Exchange has published its data on Local and Foreign portfolio transactions in the Nigerian Stock Exchange.     The first...


Buy Sell or Hold? These 4 Heavy Weight Bank Stocks!

Buy Sell or Hold? These 4 Heavy Weight Bank Stocks!

Nairametrics| The Nigerian Banking Index is currently up 0.42% year to date compared to the wider All Share Index which is down 6.36% year to date....


MTN Says Current Conditions Are Not ‘Conducive’ For Listing Its Shares On The NSE

MTN Says Current Conditions Are Not ‘Conducive’ For Listing Its Shares On The NSE

Can they really be...


These 3 Stocks Just Joined Pension Index; See What It Means For Your Portfolio

These 3 Stocks Just Joined Pension Index; See What It Means For Your Portfolio

The Nigerian Stock Exchange released its 2017 first half review of its major indices on Tuesday. Of particular interest to us was the NSE...