The Nigerian Stock Exchange (NSE) at the weekend suspended trading in the shares of AG Leventis Nigeria Plc as one of the oldest companies at the stock market seeks to buy out minority shareholders and revert to private limited liability status. Authorities at the Exchange stated that the full suspensionRead More →
The Nigerian Stock Exchange opened the last trading week for 2019 on Monday with a growth of 0.73 per cent following investors’ interest in heavyweight stocks. Specifically, the All-Share Index extended positive growth with 192.86 points or 0.73 per cent to close at 26,609.34 against 26,416.48 on Friday. Also, theRead More →
Sovereign Trust Insurance Plc has listed additional 4.17 billion ordinary shares of 50 kobo each on the Nigerian Stock Exchange (NSE), the last step in its recent capital raising process. Head, Listings Regulation Department, Nigerian Stock Exchange (NSE), Godstime Iwenekhai, stated that the additional shares arose from the company’s recentRead More →
Specifically, the All-Share Index dropped 24.92 points or 0.10 per cent to close at 26,090.88 compared with 26,115.60 recorded on Monday. In the same vein, the market capitalisation lost N10 billion to close at N12.596 trillion in contrast with N12.606 trillion on Monday. A breakdown of the price movement chartRead More →
