Capital market

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…

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…

Pressured sell-offs in large-cap stocks forces market into red as investors lost N371.3bn on Tuesday

Charles Abuede   The Nigerian equities market reversed Monday’s trading session gains to resume its bearish run as pressured sell-offs…

Nigeria bourse down 0.59% as investors lose N122.4bn on sell-offs in Nestle, Wapco, Flour Mills

Charles Abuede Equities investors lost N122.4 billion in the secondary capital market on Tuesday following sell-offs in Nestle Plc (-6.9%), Wapco…

MTN Nigeria’s profit falls to N94.88bn amidst 12.5% rise in revenue

By Omobayo Azeez Despite a double digit increase in its revenue in the H1’2020, MTN Nigeria had its net profit…

Bears’ return in large cap stocks cost equities N70bn

By Omobayo Azeez The bull’s party at Nigeria's domestic stock market has been crashed by the return of the bears…

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