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Equities Market Rebounds Marginally As MPR Remains UnchangedThe Nigerian equities market rose marginally by 0.01 per cent, yesterday as the Central Bank of Nigeria (CBN) left the Monetary Policy Rate (MPR) and other variables unchanged. As a result, the All-Share Index gained 4.16 points or 0.01 per cent to close at 30,736.88 points. Similarly, market capitalisation rose by N1 billion to close […]
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Equities Market Rebounds on Gains by 26 Stocks - THISDAYLIVEGoddy Egene The stock market rebounded yesterday as 26 stocks appreciated after recording a decline on Monday. The market had depreciated on Monday after seven consecutive days of price rally. However, the bulls returned yesterday, lifting the Nigerian Stock Exchange (NSE) All-Share Index to close higher at 30,736.88, while market capitalisation added N1.6 billion to …
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Stocks Market Gains 1.36% As Banking, Insurance Stocks TrendThe Nigerian stocks market, last week closed in green territory as speculators mopped up the banking and insurance shares amid expected improvement in dividend yields. Week on Week (W-o-W) basis, the All Share Index rose 421.46 points or 1.36 per cent to 31,426.63 points. Similarly, market capitalisation increased by N157 billion to close at N11.719 […]
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Naira Stable As CBN, NAFEX Pump $1.5bn, CNY 38.70m Into Forex MarketThe value of the naira last week remained stable across foreign exchange market as the Central Bank of Nigeria (CBN) and the Nigerian Autonomous Foreign Exchange (NAFEX) market pumped $1.549 billion and CNY 38.70 million into the foreign exchange market. Data obtained from NAFEX also known as the Investors and Exporters (I&E) window showed that […]
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Naira up at N361.5 in parallel market - Vanguard News NigeriaNaira up at N361.5 in parallel market===has been published on Vanguard News Nigeria -
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Ugwuanyi assists Kenyatta Market fire victims - Vanguard News NigeriaENUGU—Governor Ifeanyi Ugwuanyi of Enugu State on yesterday visited three traders at Kenyatta Market by Adelabu Street, Uwani, Enugu, whose shops were gutted by fire at the wee hours of yesterday to empathise with them and offer them assistance to ameliorate their loss.
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Stocks Market Falls By 0.26% On Renewed Profit TakingThe Nigerian stocks market lost 0.26 per cent amid profit taking activity to opened trading activities for this week. The All-Share Index (ASI) reversed the three consecutive session of bargain hunting activities, yesterday as it declined by 82.39 absolute points, representing a decrease of 0.26 per cent, to close at 31,344.24 points. Similarly, market capitalisation […]
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Nigeria to Dominate Trade in West Africa’s Power Market, Says TCN - THISDAYLIVENigeria has attained the frequency control level required by member countries of the Economic Community of West Africa States (ECOWAS) to synchronise with and comfortably sell electricity to countries in the region and earn income, the Transmission Company of Nigeria (TCN) has disclosed. TCN, explained recently in Suleja that with the frequency control level now …
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GM beans hit market as FG approves commercial release – Daily TrustThe Federal Government has approved the commercial release of Genetically Modified (GM) beans developed by some Nigerian scientists, officials said yesterday. The pest resistant beans, developed over a 10-year period, is expected to double the farmers’ yields and increase their revenue, Prof Mohammed Ishiyaku of the Institute of Agricultural Research (IAR) Zaria, Kaduna State, who …
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