06
OctThe Nigerian stock market on Wednesday closed on a negative note as the All Share Index declined by 0.09%, closing at 48,836.70 points from the previous close of 48,879.74 points. Year-to-date, the market has returned 14.33% The Market Capitalisation grew by N227 billion, closing at N26.6 trillion from the previous close of N26.373 trillion. This is due to […]
06
OctThe Nigerian National Petroleum Company (NNPC) Limited has declared a profit after tax of N674 billion for 2021 financial year. According to the Group Chief Executive Officer of NNPC, Mele Kyari, NNPC as a corporation grew its profit after tax from N287 billion in 2020 to N674 billion in 2021. This translates to 134.84% growth year on[…]
06
OctThe market has eventually entered the Fourth Quarter of the year and in a matter of days, Q3 results of listed firms on the Nigerian Exchnage will start hitting the market. Prices of stocks have been coming down, creating entry opportunities for discerning investors. Investment in stocks is done against expectation and not on realities. It is[…]
