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Series of recovery has taken place with the nigerian economy and NSE index activities. There was an improvement in the level of activity at the Nigerian Stock Exchange (NSE) as the low prices of equities attracted investors to the market
Gt bank and access bank has bern trading with high equity on NSE floor which has drawn more investors to the banks. Access Bank emerged the most traded equity, trading 80.7 million units valued at N545.8 million, while GTBank followed with 41.9 million units worth N972.0 million.
The Nigerian currency has not been able to frind a stable ground since the start of 2020, as it experience a N5 loss to the dollar on the black market.
But still on the naira, the local currency closed flat against the Euro at N465/€1 while against the Pound, it appreciated by N5 to close at...
BUN cement share holders are to recive N1.75 per share for 2019 accounting year.
The companies financial report states the profit before tax jumped to N66.2 billion from N39.2 billion. However, the profit after tax depreciated to N60.6 billion from N64.1 billion, with the earnings per share...
Nigerian stock exchange has placed embago on 13 firms, limiting their shares from been traded on NSE. This sanctions were placed due to the firms inability to release its financial report and earnings to the public.
Now if you know much about stock exchange laws you would understand that this...
Worries about the impact of a tightening job market on the prospects for inflation and a surge in bond yields sent investors fleeing equities on Friday, with the Dow Jones Industrials Average swooning almost 666 points, for its biggest daily percentage loss in twenty months.
It was the biggest...
US arms companies see stocks soar after Soleimani assassination as analysts predict Iran conflict
Killing of top Iranian commander sparks fears of all-out war with America
Major US arms companies have seen their stock prices jump following the Trump administration’s assassination of Iranian...
The World Health Assembly, the decision-making body of the World Health Organization, starts a two-day virtual annual meeting today, its first since the COVID-19 pandemic started.
Global attention will be focused on calls for a review of the international response to the pandemic, supported by...
Japan’s economy slipped into recession for the first time in 4-1/2 years in the last quarter, putting the nation on course for its deepest postwar slump as the coronavirus crisis ravages businesses and consumers.
Monday’s first-quarter GDP data underlined the broadening impact of the outbreak...
European stock markets rose on Monday and oil prices climbed to their highest in more than a month as a loosening of coronavirus shutdowns boosted market sentiment, even as the deadly outbreak has yet to be fully contained.
Warm weather is enticing much of the world to emerge from coronavirus...
Kee argues that a complicated and cumbersome portfolio, like some of the more popular ones with 20 or 30 stocks to keep track of, makes it tough to manage risk in a timely manner.
“The ease of use of simplifying a portfolio so that it just tracks the market or goes to cash allows it to protect...
On Monday morning, Brent crude gained about 3% percent to trade at $33.83 a barrel at 2.30 am Nigerian time, as world economies around the world re-opened businesses, coupled with the resumption of air travels around emerged markets.
The world’s most popular digital coin, Bitcoin successfully went through its third halving in its history on Tuesday, seeing its daily supply of new bitcoin reduced by half.
Bitcoin halving cuts the reward for using bitcoin mining software to ‘mine’ bitcoin from 12.5 new bitcoins to 6.25...
Just barely a few hours after crude oil prices rose to a near 5-week high, it recorded a downward slide due to concerns about the early easing of lockdown prompted by to need to contain the coronavirus pandemic in the U.S. There are fears that the early exit from lockdown could lead to a...
AIICO Insurance Plc has increased its Profit after Tax (PAT) from N3.2 billion in 2018 to N5.9 billion as at the end of the 2019 financial year. This represents an 88% growth. The insurance company’s gross written premiums for FY 2019 also increased by 33% from N37.7 billion in 2018 to N50.1...
Morgan Capital
This company is one of the most popular among Nigerian investors and the reason is majorly because it charges very low brokerage fee. While its competitors charge the maximum 1.35 percent commission or slightly below for buying and selling of stocks, it chose to take a meagre...
Morgan Capital
This company is one of the most popular among Nigerian investors and the reason is majorly because it charges very low brokerage fee. While its competitors charge the maximum 1.35 percent commission or slightly below for buying and selling of stocks, it chose to take a meagre...
Equities in the nation’s stock exchange succumbed to selling pressure on Friday, depreciating by 1.27 percent at the close of transactions.
It was the first loss on the Nigerian Stock Exchange (NSE) in 10 consecutive sessions. Selloffs in bellwether stocks contributed to the decline.
The bears...
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