Bears hold GSE while NSE rallies
The bears continue to dominate activities at the Ghana Stock Exchange in the past month while Nigeria’s market has seen a renewed bullish momentum. Meanwhile, Ghana has seen a third consecutive monthly…
Nigeria consumer goods outlook
The NSE Consumer goods index is up 0.11 per cent today but it has been down recently, dropping 2.28 per cent last week.…
Nigeria’s stock market closes in red
The Nigeria Stock Exchange All Share Index shed 88 basis points, as almost all sector indices closed in the red.…
Nigeria to auction N117.2bn in short-dated Treasury bills
Nigeria plans to sell 117.2 billion naira worth of short-dated treasury bills at an auction this Wednesday.…
Nigeria’s equities swing positive
The NSE All Share Index halted its eight-day losing streak, gaining 21 basis points at the close of trading. This was largely driven by bargain hunting in Nestle, GT Bank, PZ and…
Blue chip stocks drag Nigeria index down
The NSE All Share Index fell 2.4 per cent week-on-week to settle at 25,537.5 points, driven down by the price depreciation in some key bellwether stocks like Dangote Cement, Nigerian Breweries, Zenith…
Nigeria equities market ends week negative
Following the gloomy news of Nigeria's October inflation figures released on Monday, the NSE ended in negative territory every day this week.…
Nigeria plans NNPC listing
Nigeria's government says it plans to list its National oil company on the Nigerian Stock Exchange once petroleum sector reforms are concluded.…
Naira remains steady against US dollar
The Central Bank of Nigeria held an OMO T-bills auction on Thursday, selling N19 billion and N98 billion on the 196-day and 364-day bills.…
Persistent liquidity affects Nigeria’s market
Persistent liquidity mop up by the Central Bank of Nigeria continues to dampen demand at the fixed income markets.…
GT Bank’s surprisingly good earnings lift Nigerian bourse
Better than expected third quarter earnings reported by GT Bank lifted the Nigerian bourse in early trading today.…