The Nigerian equity market on Wednesday bounced back from four straight sessions of decline as the All Share Index grew by 0.90% to settle at 53,603.80 points from the previous close of 53,124.63 points. Investors gained N261 billion as the Market Capitalisation was up by 0.90% to close at N29.201 trillion from the previous close of N28.940 […]
The long awaited financial reports of Oando Plc have started hitting the market as the Company published its full year reports for 2020 and 2021 financial year. The Oil Company reported a turnover of N722.5 billion for 2021 year end, up by 51% compared to N477.1 billion reported in 2020 Financial Year. Profit after Tax of N34.7[…]
The Nigerian stock market on Tuesday closed on a bearish note as the All Share Index and Market Capitalisation closed at 53,124.63 points and N28.940 trillion respectively. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the following was discussed: Excerpts: • The market on Tuesday continued its southward journey, shedding 1.16%,[…]