Capital Market
Monetary policy, corporate results spur equity performance
*Investors gain N368bn By Peter Egwuatu The stock market swung back into positive territory yesterday following the retention of the Monetary Policy Rate, MPR, at 11.5 per cent by the Central
United Capital posts N7.7b PBT as index depreciates by 0.05 per cent
United Capital Plc has recorded profit before tax (PBT) of N7.95 billion in its 2020 operations against N4.95 billion achieved in the corresponding period in 2019. The post United Capital
Eternaoil, Lasaco others lift index by 0.54 per cent
Following gains recorded by blue-chip stocks, including Eternaoil and Lasaco Assurance, the equity market reversed the previous day’s losses to close upbeat yesterday… The post Eternaoil, Lasaco others lift index
GTB declares ₦238 billion profit before tax
Guaranty Trust Bank PLC has released its audited financial results for the year ending December 31, 2020, to the Nigerian and London stock exchanges, declaring a profit before tax (PBT)
Leverage capital market to finance revenue-generating projects, stockbrokers tell FG
The Federal Government (FG) has been urged to focus on raising bonds from the capital market to financing revenue-generating projects and reduce balance sheet borrowing. These among others were part
Net value of listed mutual funds hits N1.24tr
The Net Asset Value (NAV) of 56 mutual funds listed on the Nigerian Stock Exchange (NSE) rose from N1.24 trillion at the end of 2020. The post Net value of
Gains in highcap stocks lift market capitalisation by N128b
Following gains in most highly-capitalised stocks, transactions on the floor of the Nigerian Stock Exchange (NSE) reversed the previous day’s losses to close upbeat as market… The post Gains in
Market players seek end to rising unclaimed dividends
As listed firms release 2020 full-year results, capital market investors have renewed calls on the Securities and Exchange Commission (SEC) to adopt all-inclusive approaches The post Market players seek end
Capitalisation plunges by N371b as stock market reverses gains
The Nigerian Stock Exchange (NSE) has reversed previous gains to close on a bearish note yesterday as most blue-chip stocks depreciated, causing market capitaliisation to plunge by N371 billion. The
Safe Bitcoin Trading Tips
People have known and used Bitcoin for over a decade. But, the popularity of this cryptocurrency has attracted investors from all parts of the world. Bitcoin enables people to move
