Browsing Tag

FBNH

Banks Stocks Rev Up Equities Market

AFUWAPE GBOLABO The banking sector lifted the equities market Tuesday arresting the steep decline that was its feature last week and first trading day of December. United bank for Africa (UBA) recorded 6.67 percent growth to get to N8…

Dangote Cement Leads Tumbling Stocks

GBOLABO AFUWAPE The 1.03 percent decline in the stock of Dangote cement on Tuesday, led the way to the lowest points that the Nigerian bourse had so far recorded in 2018. The stock market which recorded a year-to-date (YtD) return of…

Stock Matket Closes Marginally Flat

GBOLABO AFUWAPE Nigeria’s stock market closed Thursday’s trading session marginally flat as Central Bank of Nigeria (CBN)’s Monetary Policy Committee (MPC) meeting retained its monetary policy rates (MPR)s for the 14th consecutive time.…

Stock Market Rebounds With N41Bn Gain.

GBOLABO AFUWAPE   Rebound The Nigerian equities market bounced back on Thursday, gaining N41 billion naira and pushed up the market capitalization to N11.763 trillion representing 0.35 percent. The all share index gained 120.20 points to…