Capital Markets

Market reverses positive sentiment, underpinned by sell pressures in the banking and insurance space

Charles Abuede   The mood in the market was mildly negative on Wednesday, underpinned by sell pressures in the banking…

Market closes up as gains in MTN, DangCement, Guinness Plc lift the ASI by 0.41% due to buying interests

Charles Abuede   Despite the plunge witnessed in the banking sector due to the price depreciation in GTBank and Zenith…

MTN Nigeria issues N200bn Series III and IV Commercial Papers; says proceeds to be used as working capital

Charles Abuede   MTN Nigeria, the leading telecommunications operator in the largest telecoms market in Africa, has announced the issuance…

Investors lose N45.3bn as market opens in red with price depreciation from GTBank, Nigerian Breweries 

Charles Abuede The equities market remains depressed in the first trading sessions of the week as selloffs across top counters…

Fund managers reveal their top-5 stock picks for 2021; Zenith, Access still in the game

Charles Abuede   Top Nigerian fund managers from the leading asset management houses in Nigeria have highlighted the top pick…

Investors lost N122.5bn as local stocks recoil gains resulting from selloffs in Dangote Cement, Zenith Bank, Nigerian Breweries

Charles Abuede The equities market retreated from the gains recorded in the previous trading session due to selloffs in Dangote…