Wema Bank Plc, has announced a 70 per cent growth in Profit Before Tax (PBT), from N1.80billion in Q3’2017 to N3.07billion in Q3’2018. Profit after Tax...
United Bank for Africa Plc UBA’s unaudited 2018 Third Quarter Financial Results shows ga Gross Earnings of N374.8 billion. This represents a 12.3 per cent increase...
The domestic equities market performed positively today following buy interest in DANGCEM (+3.0%) as ex-DANGECM the market would have closed in the red. As a result, the...
The Market indices of the Nigerian Stock Exchange (NSE) dropped marginally on Tuesday by 0.08 per cent, reversing the previous day’s gain. The All-Share Index dipped...
Insurance stocks were among the poor performing stocks in in September due to the fact that most insurance company have been resisting change. When banks were...
Despite the positive investor sentiment in the local bourse today, sell pressures in bluechips companies – NIGERIAN BREWERIES (-2.8%), ETI (-2.0%) and OKOMU (-1.0%) weighed on...
Sell-offs in bellwethers – DANGCEM (-2.4%) NIGERIAN BREWERIES (-2.7%) and UNILEVER (-2.2%) weighed on performance at the stock market as the All Share Index (ASI) shed...
Investors began the trading week booking profit in STANBIC (-7.6%), GUARANTY (-0.1%) and GUINNESS (-2.4%). Hence, the All Share Index (ASI) fell 17bps to 32,711.65 points, YTD...
Despite profit taking on 3 of 5 trading days this week, the local bourse closed positive as buying interest in fundamentally sound stocks GUARANTY, ZENITH, STANBIC...
The bearish performance in the local bourse was extended to the second consecutive trading session as profit taking in NESTLE (-4.2%), GUARANTY (-2.1%) and UBN (-3.8%)...
eTranzact International Plc, a leading electronic payment solution company, has assured stock brokers at the Nigerian Stock Exchange (NSE) of a bright future as investment in...
In today’s trading session, losses in bellwethers – DANGCEM (-2.4%), FBNH (-2.8%) and STANBIC (-1.6%) drags the benchmark index 46bps lower to 32,963.27 points, ex-DANGCEM, the ASI...
The domestic market rebounded today by 2.0% to close at 33,114.44 points following bargain hunting in bellwethers – DANGCEM (+2.4%), NESTLE (+6.8%), GUARANTY (+5.0%), STANBIC (+4.8%)...
Today, profit taking in NIGERIAN BREWERIES (-3.2%), UBN (-9.5%) and OKOMUOIL (-9.0%) dragged the benchmark index 0.3% lower to close at 32,451.27 points. As a result, market...
In today’s trading session, gains in bellwethers – WAPCO (+9.9%), UBA (+4.0%) and ETI (+2.9%) drove the All Share Index (ASI) by 33bps to 32,480.89 points....