Business

NSE Dips by 0.45%

Activities on the nation’s bourse resumed for the week on Monday still on negative territory with crucial market indicators dropping further by 0.45 per cent. Specifically, the market capitalisation lost N59 billion or 0.45 per cent to close at N13.078 trillion against N13.137 trillion. Also, the All-Share Index, which opened at 26,987.45, shed 121.04 points […]

Business

NSE market indices up by 0.05%

The nation’s bourse recorded marginal growth on Thursday after two consecutive days downward trading with the market indices appreciating by 0.05 per cent. Specifically, the All-Share Index rose by 12.79 points or 0.05 per cent to close at 27,424.92 against 27,412.13 achieved on Wednesday due to MTN Nigeria Communications gain. Also, the market capitalisation, which […]

Business

SEC approves MTN listing on Nigerian Stock Exchange

The Securities and Exchange Commission (SEC) said that it has approved MTN Nigeria’s  application to list on the Nigerian Stock Exchange (NSE) by way of introduction. Mrs Efe Ebelo, SEC Head, Corporate Communications, confirmed this to our reporters in Lagos. She said that the company (MTN Nigeria) has successfully completed the registration of 20,354,513,050 ordinary […]

Business

Nestle, Dangote tops losers’ chart

Nestle one of the most highly capitalised equity on Wednesday at the Nigerian Stock Exchange (NSE) recorded the highest loss to lead the losers’ pack with N60 to close at N1,540 per share. NSE market capitalisation shed N153 billion or 1.08 per cent to close at N13.984 trillion, compared to N14.137 trillion achieved on Monday. […]