Stock Market
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894Enough Pain for Bank Stocks?
Since the Central Bank of Nigeria published its circular on bank recapitalisation on 28 March, the NGX Exchange’s bank index has fallen...
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123Stock Market Starts Week on Positive Note
EQUITIES The local bourse kicked off the week on a positive note following renewed buying interest in GTCO (+9.6%) and ZENITHBANK (+6.8%)....
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171Economic and Market Report: Week Ended 19-04-2024
Global Economy According to the National Bureau of Statistics (NBS) of China, the Chinese economy beat market expectations (+5.0% y/y) as it...
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334Exchange Commission moves to curb illicit funds in banking recapitalisation
The Securities and Exchange Commission has revealed its stance against the admittance of illicit funds into the capital market through the fresh...
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156Bears Dominate Again
EQUITIESThe local bourse reversed yesterday’s gain as sustained profit-taking activities in GTCO (-3.9%) caused a 0.1% decline in the NGX ASI to...
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171Local Bourse Retreats
EQUITIES Positive sentiments resurfaced in the domestic equities market today following bargain hunting in FBNH (+6.9%). Precisely, the All-Share Index gained 0.1%...
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55NGX Group, Corporates Seek Government’s Intervention In Manufacturing Sector
Nigerian Exchange Group and some listed companies have sought the intervention of the Federal Government to ease the challenges faced by the...
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243Stock Market Posts Biggest Single-day Loss
For the eight consecutive sessions, the Lagos bourse extended its losing streak as the benchmark Index closed 1.93% weaker – the biggest...
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143
Capital Market Extends Losses
EQUITIES Activities in the Nigerian equities market picked from where they left off last week as investors sold off GTCO (-7.7%) stock....
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126All-Share Index Slips Further at the Local Bourse
To close the holiday shortened week, the All-Share index of the local bourse slipped further by 0.71% to 102,314.56. Bearish sentiment continued...
