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Equity market sheds 1278.04 bp Stories

Transactions on the fl oor of Nigerian Stock Exchange last week closed in negative trend as investors sustaied profi t taking. Specifi cally, Market Capitalization depreciated of listed equities sheds N1.04 billion to N12.126 trillion from N13.166 trillion traded the ...

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Unilever’s profit soars by 239.1%

Stories By Amaka Ifeakandu Lagos Unilever Nigeria Plc, has recorded growth at the end of half year fi nancial report ended June 30, 2017 as its profi t before tax soared by 239.1 per cent. Th e company result submitted ...

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NSE recalls suspended fi rm

Th e Nigerian Stock Exchange (NSE), yesterday lifted the suspension of trading in the shares of Sovereign Trust Insurance Plc. Th e bourse, in a notice posted on its website, said Sovereign Trust Insurance Plc, which was one of the ...

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Equity market grows by N345bn

Stories by Amaka Ifeakandu Lagos Trading activities on the fl oor of the Nigerian Stock Exchange last week sustained growth profi le as the two key market indicators close in positive trend. Th e transactions which took three working days ...

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Acting CEO, Central Securities Clearing System (CSCS) Plc, Bola Adeeko, President, NSE, Aigboje Aig-Imoukhuede, Director, Capital Markets Division, Haruna Jalo-Waziri during the 2017 NSE Corporate Challenge

From left: Acting CEO, Central Securities Clearing System (CSCS) Plc, Bola Adeeko, President, Nigerian Stock Exchange (NSE), Aigboje Aig-Imoukhuede, NSE Chief Executive Offi cer, Oscar N. Onyema, NSE Executive Director, Capital Markets Division, Haruna Jalo-Waziri and a participant, during the ...

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Stock investors gain N2.2trn in Q1

The Nigerian stock market, at the end of the first half (H1) of year 2017, experienced relatively impressive Return on Investment (RoI) as investors recorded gains. Trading activities on the floor of the Nigerian Stock Exchange (NSE) between the first ...

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Equity market gains N100bn

By Amaka Ifeakandu Lagos Investment in the Nigerian Stock Market yesterday sustained growth profi le, increasing by N100 billion. Specifi cally, market capitalisation of listed equities improved by 1.05 per cent to N9.644 trillion from N9.544 trillion recorded the previous ...

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Vitafoam declares N125m dividend

Vitafoam Nigeria Plc has declared total dividend payout of N125 million for the financial year ended Septembber 30, 2016. The amount translated to N0.12 kobo per every share held by investors. The company’s statement of account submitted at the NSE ...

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Equity market sheds N214bn in 4 days

Stories by Amaka Ifeakandu Lagos Trading activities on the floor of Nigerian Stock Exchange (NSE) last week closed in a negative trend, shedding N214 billion. Market capitalisation of listed equities which closed year at N9.246 trillion depreciated by 2.32 per ...

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Equity market sheds N103bn in 5 days

Investment in the nation’s capital market last week closed lower shedding N103 billion. The market capitalisation of listed equities declined by 1.10 per cent to N9.375 trillion from N9.478 trillion recorded the previous week. The NSE  All Share Index down ...

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Equity market dips by N20bn in 5 days

Stories by Amaka Ifeakandu Lagos Transactions on the floor of Nigerian Stock Exchange (NSE) closed week in downward trend, shedding N20 billion. Specifically, the market capitalisation of listed equities fell by 2.09 per cent to N9.419 trillion from N9.619 trillion ...

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Equity market gains N121bn to close week

Transactions on the floor of Nigerian Stock Exchange (NSE) last week closed in upward trend, as value of equity increased by N121 billion. Specifically, the market capitalisation of listed equities rose by 1.27 per cent  to N9.620 trillion  from N9.499 ...

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FCMB records N16.3bn profit in 2Q

FCMB records N16.3bn profit in 2Q growth at the end of second quarter financial year ended 30 June 2016 as  profit before tax (PBT) increased to  N16.3 billion for the six-months. This represents an increase of 70 per cent from ...

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Equity market sheds N17bn

Trading activities on the floor of Nigerian Stock Exchange (NSE) last week closed lower, shedding N17billiion. Market Capitalisation of listed equities fell by N17 billion to  N9.893 trillion from N9.910 trillion reported  the preceding week.     Also the NSE All Share ...

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CIS unfolds 4-point agenda for market growth

The President, Chartered Institute of Stockbrokers (CIS),MrOluwaseyi Abe has assured the  Nigerian Stock Exchange  of continued collaboration of the Institute in order to build a strong and virile capital market in Nigeria. Abe who unfolded the four-point agenda of the ...

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Oando records N77.7bn gross profit

Oando Plc has recorded N77.7 billion gross profit for the financial year ended December, 31 2015. This showed a seven per cent increase compared with N72.3 billion posted in the preceding year. The company reported  loss before tax of  N51 ...

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Investors wealth depletes by N461bn

Transactions on the floor of Nigerian Stock Exchange (NSE) last week closed on a downward trend, shedding N461 billion.  Specifically, the market capitalisation of listed equities down by 4.39 per cent to N10.065 trillion from N10.526  trillion recorded the previous ...

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Equity market rebounds over new forex policy

Transactions at the nation’s equity market rebounded following introduction of  market determined foreign rate policy which was a boost to investor confidence. Specifically, market capitalisation of listed equities increased by N691 billion or 7.39  per cent to N10.044 trillion from ...

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Japaul group posts N785.961m turnover

Japaul Oil and Maritime Services Plc recorded turnover of N785.961 million for the first quarter ended March 31, 2015. The result represents a drop of N2.32 billion or 74.6 per cent from N3.108 billion recorded the previous year. The gross ...

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Equity market sheds N138bn

Transactions on the floor of Nigerian Stock Exchange last week closed in a negative note, declining by N138 billion. The NSE trading result showed that market capitalisation of listed equities down by 1.45 per cent to N9.353 trillion from N9.491 ...

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Lasaco Assurance profit down by 36%

Lasaco Assurance Plc has recorded low performance at the end of 2015 financial year as its  profit after tax trend downwards to N283.324 million. This represents a drop of 36 per cent from N445.745 million reported in the preceding year. ...

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Equity market sheds N435bn to profit taking

Stories by Amaka Ifeakandu Lagos Trading activities on the floor of the Nigerian Stock Exchange (NSE), last week trended downwards, shedding N435 billion. Specifically market capitalisation of listed  equities fell by 4.38 per cent to N9.491 trillion from N9.926 trillion ...

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Equity market remains on downward trend

Nigeria’s capital market in the last one year recorded low trading activities. In this report AMAKA IFEAKANDU examines the key factors that  affected the performance of the market under the current administration. In the last one year, the nation’s capital ...

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Equity market improves by N259bn

The Nigerian equities market last week consolidates gains on positive investor sentiment.  The trading for the week on week basis  closed higher  amidst news of deregulation of the nation’s downstream oil and gas sector. The NSE ASI opened last  week’s ...

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