Capital market

By TAIYE OLAYEMI, NAN The stock market on Tuesday – yesterday, March 11 – witnessed a downturn as performance indices declined by 0.43 percent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation fell by N285 billion or 0.43 per cent to

By TAIYE OLAYEMI The equity market indicators rebounded by 0.23 per cent due to price appreciation in some medium and large capitalised stocks  on Thursday – yesterday, March 6 Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by N215bn or

By Mike Abbah The naira on Thursday fell sharply against the dollar by 3.5 percent in the parallel market, popularly called black market. Data collated from street traders and online data collating platforms showed that the naira depreciated by

By TAIYE OLAYEMI The stock market on Thursday – yesterday, February 27 – experienced a slight downturn, with overall market performance declining by 0.11 per cent. This marginal decline resulted in investors losing a significant N77 billion. Specifically, the Nigerian Exchange Ltd.

The equity market began the week on Monday – yesterday, February 24 -in the red, losing N231 billion due to profit-taking by investors. Sell-offs in tier-one banking stocks like Access Corporation, Zenith Bank, FBN Holdings, and Fidelity Bank, as well as