THE Nigerian Stock Exchange (NSE) extends losses by ₦425.9 billion on Wednesday in a renewed 3-day cold streaks as investors booked profits. This week, the domestic equities market has extended …
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Capital Market
THE Nigerian stock market records ₦28.3 billion loss as investors’ book profit, shedding their positions to raise cash for seventh trading session. Sell pressure in ZENITH (-0.8%), GUARANTY (-0.5%), and INTBREW (-2.6%) …
AVERAGE yield on Bonds rises to 8.7% on Tuesday as the Nigerian local currency, Naira, depreciates at investors and exporters window to ₦401 to United States dollar. Naira depreciates at …
- Capital Market
Miners earn a whopping $3.5 million per hour on Ethereum network
by Nairametricsby NairametricsETHEREUM miners are most certainly smiling to the bank now. This reaction is triggered by transaction costs on the Ethereum network recently reaching a new hourly record. What you must …
THE Nigerian Stock Exchange (NSE) recorded another feat on Friday with the admission of Briclinks Africa Plc by way on introduction into the growth board. Superficially, the company listed 10 million …
THE fixed income market investors sentiment were broadly bearish Tuesday on the Central Bank of Nigeria’s Monetary Policy Committee (MPC) resolves to keep pricing rates down. Amidst search for high return, fixed …
- Capital Market
Stay-at-Home Stocks: Microsoft, Apple, Facebook surge after upbeat results from Netflix
by Nairametricsby NairametricsNASDAQ recorded impressive buying pressures with the so-called “stay-at-home” winners, including Facebook, Apple, and Microsoft, which rose after upbeat results from Netflix Inc recorded last week. Netflix’s share price had earlier recorded …
EQUITIES segment of the Nigerian Stock Exchange, NSE, loss for the second trading session this amidst sustained stocks sell-offs on Tuesday. The market sustained yesterday’s loss as the NSE All-Share Index …
ABUJA: Nigerian stocks rose 2.18% on Monday, its first trading session of 2021, extending last year’s rally, lifted by shares of banking and consumer goods companies. The index climbed to …
THE fixed income market traded upbeat as market witnessed renewed interest in long duration bonds, following the bullish Nigerian Treasury Bill (NTB) auction on Wednesday. However, front end rates traded …