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Profit-taking in Tier-1 banks drag stock market down 0 38%

The domestic stock market opened the trading week on Monday on a bearish note due to sell pressure in Tier-one banking stocks. Notably, sell-offs in shares of Guaranty Trust Holding Company (GTCO), FBN Holdings, Zenith Bank, UBA, Access Corporation, United Capital, and Nigerian Breweries contributed to dragging down market performance. Specifically, investors incurred losses worth

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Equity market witnesses 0 18% dip, investors lose N104bn — National Accord Newspaper

Equity market witnesses 0 18% dip, investors lose N104bn — National Accord Newspaper
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Equity market witnesses 0 18% dip, investors lose N104bn

Investors in the Nigerian Exchange stock market on Tuesday further lost N104 billion or 0.18 per cent, as the market capitalisation which opened at N58.879 trillion, closed at N58.775 trillion. Similarly, the All-Share Index shed 0.18 per cent to settle at 103,952.47, as against 104,136.35 recorded on Monday. Consequently, the Year-To-Date (YTD) return slipped to 39.02.per cent. Selloffs in

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Seven underwriters announce N339 85 billion premium in nine months

Seven underwriters announce N339 85 billion premium in nine months
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Consolidated Hallmark Insurance becomes holdco, announces new executives

Consolidated Hallmark Insurance becomes holdco, announces new executives
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