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Bearish Performance Persists As Market Equities Down 1.25%W-o-WThe rout on the Nigerian equities market continued last week as bearish sentiments were observed across all trading sessions of the week as the market declined by 1.25 per cent. As a result, most stocks listed on the Nigerian Stock Exchange (NSE) remained undervalued, trading near one-year lows. The overall market performance measure, All-Share Index […]
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IPO Fraud: MTN Offloads 10.8% Equity As Jumia Sheds $1bnMTN has offloaded 10.8 per cent of its 29.7 per cent shareholding in Jumia Technologies AG, the pan-African e-commerce company currently being rocked by a fraud allegation at the New York Stock Exchange (NYSE). MTN which released its first quarter 2019 financial result last week said, the disposal of 10.8 per cent stake in Jumia […]
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Analysts anticipate dim equity market outlook as investors lose N137bnAS the equity market ended bearish last week resulting to investors losing over N137 billion in five trading days, analysts have predicted that
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Positive internal, external factors point to equity market rebound in Q3 —FOLLOWING the protracted bearish run in the equities market, Prof. Uche Uwaleke, Head, Banking and Finance Department, Nasarawa State Unive equity market
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Nigeria equities market defies Emefiele’s reappointment, down by N20bn – Daily TrustInvestors on the Nigerian Stock Exchange (NSE) on Friday reacted negatively to the reappointment of Mr Godwin Emefiele for second term as the Central Bank of Nigeria (CBN) Governor by President Muhammadu Buhari. The News Agency of Nigeria (NAN) reports that contrary to market operators’ expectations, the crucial market indices maintained negative outlook for fifth … Making a mistake is a mistake but repeating a mistake is not a mistake.
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Nigeria equities market defies Emefiele’s reappointment, down by N20bn - Premium Times NigeriaMarket capitalisation, which opened at N10.860 trillion shed N20 billion to close at N10.840 trillion. Welcome speech by equity Down by N20b means those are fake investors looking for short term quick gain. Long term investors don't care who they appoint as CBN director.
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Equities Market To Rebound In Q3Unveiling higher earnings opportunities in the Nigerian stock market, head, Banking and Finance Department, Nasarawa State University, Keffi, Prof. Uche Joe Uwaleke, expressed optimism that the stock market would rebound in third quarter of the year. Uwaleke, said this yesterday in Lagos, as a guest lecturer at the Capital Market Correspondent’s Association of Nigeria (CAMCAN), […]
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Expect equity market rebound in Q3 — Prof Uwaleke – Daily TrustInvestors have been urged to take advantage of prevailing low equities pricing in the stocks market to boost their investments in the market in order to take opportunities of market reversal commencing end of second quarter. Professor of Finance and Capital Market and Head of Banking and Finance, Nasarawa State University, Keffi, Uche Joe Uwaleke, …
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Julius Berger rules out plans for rights issue as shareholders’ equity hits N35bn - Vanguard NewsJulius Berger Nigeria Plc has explained to investors that there was no need to float a rights issue at the moment as the Company's shareholders equity has
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JB rules out plans for rights issue as shareholders’ equity hits N35bnJULIUS Berger Nigeria (JB) Plc has explained to investors that there was no need to float a rights issue at the moment as the company's sharehol
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