Stock Market Sheds N8bn on Profit-taking

  THE stock market began the week with a slight downturn on Monday, as key performance indicators dipped by 0.01 per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation decreased by N8 billion, or 0.01 per cent, closing at N68.945 trillion, down from N68.953 trillion recorded on Friday. Similarly, the All-Share Index fell by … Read more

UBA dividend Payment Lifts Market with N369bn gain

THE stock market opened the week on a positive note, with investors gaining N369 billion and performance indices rising by 0.56 per cent on Monday. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by 0.56 per cent to N66.188 trillion from an opening of N65.819 trillion recorded on Friday. The All-Share Index also rose … Read more