By Taiye Olayemi The Nigerian equities market closed bullish on Thursday, leading to N3.266 trillion gains for investors. The positive performance was driven by continued demand for industrial, consumer, and energy stocks like: Seplat Energy, Unilever, CAP, FTN Cocoa Processors, UAC of Nigeria and 41 other stocks. Specifically, the marketContinue Reading
By Taiye Olayemi The Nigerian stock market closed on a bullish note on Wednesday, recording a gain of N5.554 trillion for investors at the end of the trading session. The rally was driven by increased investor interest in high- and mid-cap stocks, including Airtel Africa, Zichis Agro Allied Industries, UACContinue Reading
By Taiye Olayemi The equities market extended its bullish run, delivering a N15.53 trillion gain over 14 consecutive trading sessions, driven by strong investor demand and improved liquidity. Market capitalisation on the Nigerian Exchange Ltd. rose from N129.81 trillion on April 7 to N145.33 trillion at the close of tradingContinue Reading
By Taiye Olayemi Dr Benneth Eze, Head of Research and Development at the Chartered Institute of Stockbrokers, has projected a slowdown in Nigeria’s equities rally. He said the market’s recent strong performance reflected investor optimism, but cautioned that such momentum was rarely sustained without periodic corrections and consolidation phases. ThisContinue Reading
