Trading on the floor of the Nigerian Exchange last week closed bearish as the All Share Index and Market capitalization declined by 0.04% to settle at 54,892.53 points and N29.903 trillion respectively. An aggregate of 1.7 billion units of shares were traded in 14,019 deals, valued at N11.06 billion. The market breadth closed positive as 28 stocks […]
Unilever Nigeria Plc has notified the Nigerian Exchange and the Investing Public of its intention to exit the Home Care and Skin Cleansing categories to concentrate on higher growth opportunities. According to the notification available on the website of the Nigerian Exchange, the Company stated thus: The Company will make changes to its business model in order[…]
The Nigerian equity market on Tuesday bounced back after sessions of losses with a marginal growth of 0.03%. The All Share Index and Market Capitalisation stands at 54,904.68 points and N29.91 trillion respectively. In a stock market review with Mr Gilbert Ayoola, a seasoned capital market expert, the following were discussed: Excerpts: The stock market on Tuesday[…]