Lagos: This week, the Nigerian stock market stumbled into bearish territory. Heavy sell-offs erased ₦276 billion in market value, underscoring investor jitters and renewed pressure on equities. Continuing the trend, …
StockMarketUpdate
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Lagos: Nigeria’s stock market closed the week N962 billion richer Friday, powered by a bullish rally led by Guinness and UPL. Sustained investor interest in Guinness, University Press, Royal Exchange, …
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Business & Economy
Selloffs in Presco, UACN Wipe ₦107bn Off Equities Market
by Toye Faleyeby Toye FaleyeLagos: The Nigerian equities market extended its bearish performance on Wednesday, as investors’ wealth declined by N107 billion. Selloffs in Presco, UAC of Nigeria, Morison, LivingTrust Mortgage Bank, SCOA, and …
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Lagos: The Nigerian stock market, one of Africa’s largest equity markets and a reflection of investor sentiment in the country, sustained its bullish momentum on Friday, closing the week on …
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Lagos: The Nigerian equities market sustained its bullish momentum on Thursday, adding ₦1.698 trillion to investor wealth as strong earnings, attractive dividend prospects, and fresh inflows from pension funds fueled …
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Lagos: The Nigerian equities market reversed its bullish streak on Tuesday, recording a loss of ₦577 billion after a 13-day consecutive rally. The downturn reflects profit-taking by investors and renewed …
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Lagos: The equity market reversed its bullish trend on Thursday, losing ₦557 billion after two days of modest gains during the week. Market analysts said selloffs in key stocks “pushed …
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Lagos: The Nigerian stock market rebounded on Friday after a day of downturn, as N30 billion was added to investors’ portfolios. Gains in Red Star Express, NCR Nigeria, SCOA, Omatek, …
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Lagos: The Nigerian stock market closed bullish on Thursday, resulting in gains of N97 billion for investors. This marked the third consecutive positive rally in the week. The positive performance …
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Lagos: The Nigerian equities market posted a positive performance on Tuesday as investors added N1.287 trillion to their portfolios. The rise was driven by renewed interest in Dangote Cement, NCR …
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