Nigerian stocks climb higher amid increased demand for mid-cap shares
The measured advance was driven by higher demand for a couple of mid-cap stocks including Geregu Power, FBN Holdings and ...
The measured advance was driven by higher demand for a couple of mid-cap stocks including Geregu Power, FBN Holdings and ...
Measly gains cumulatively garnered by bank stocks like Zenith, Access Holdings, Zenith and FBN Holdings were eroded by dips in ...
The all-share index diminished 7.5 points to 47,524.4, while market capitalisation dropped to N25.7 trillion.
Big banks GTCO, UBA and FBN Holdings have been unable to come away from the spell of loss that has ...
The new effort matches the bank's broader goal of expansion, and comes a week after it announced the buyout of ...
"This transaction is in line with our vision to create a globally connected community and ecosystem; inspired by Africa for ...
Market breadth, an indicator showing the direction stocks are likely to head soon, was positive with 17 gainers on record ...
The all-share index expanded 80 points to close at 49,709.5, while market capitalisation closed higher at N26.8 trillion.
Traders ignored impressive half-year earnings of Presco and FBN Holdings as they put huge volumes of both firms’ shares to ...
Sell-off in the shares of cement makers BUA Cement and Dangote Cement triggered the drop in a session.
Profit before tax scaled up by N20.5 billion to N65.7 billion, while after-tax profit stood 48.6 per cent higher than ...
Depreciation in the shares of FBN Holdings and International Breweries also compounded the plight of the market, which is yet ...
The all-share index dropped 633 points to 51,778.1, while market capitalisation eased to N27.9 trillion.
The advance also drew support from Conoil and MTN Nigeria, which both reported moderate gains.
Traders put up huge volumes of shares in Okomu Oil, Conoil and FBN Holdings for sale, triggering the slide.
As investors await release of outstanding quarterly financial statements this week, the market could be relying on how strong they ...
Wireless operator Airtel Africa drove gains with support from Flour Mills and FBN Holdings.
FBN Holdings is buying out Access Pension Fund Custodian in a deal involving 100 per cent ownership transfer.
A positive market breadth was recorded as 28 gainers emerged against 23 laggards. The rest 64 participating stocks saw no ...
The confirmation of the new head of FBN Holdings fails to conform with the provisions of CBN’s Code of Corporate ...
The all-share index added 88 points, advancing to 46,631. 5, while the market capitalisation jumped to N25.2 trillion.
Zenith Bank, UBA and FBN Holdings drove the pullback.
The holdco structure means the lender now has the latitude to branch out into other financial services outside its core ...
Large volumes of shares in UBA, GTCO and Zenith Bank were put up for sale, depressing the main stock index.
Conoil and Fidson Healthcare also make the list of stocks to watch this week.
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