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Tuesday, June 9, 2026
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CATEGORY

Markets

Stocks Track Oil Higher as Investors buy Blue Chips

Plot a chart of Oil prices against the Nigerian Stocks over the past month and they are almost perfectly correlated. Nigeria's benchmark index the (NSE)...

NAHCO to pay N0.30 dividends to shareholders

The Nigerian Aviation Handling Company Plc (NAHCO) has announced a Final Dividend of N0.30 per ordinary share, subject to appropriate withholding tax and approval,...

U.K. Eke adds to FBN Holdings position with new N85m bet

Investors in the market need to watch what insiders are doing and there is no clearer picture about the direction of FBN Holdings (owners...

NSE Set for Correction After Rallying 10% in a Month

The Nigerian Stock Exchange (NSE) all share index is up 10.7 percent in a month with some individual names in the banking sector up...

These 10 Banks added N882bn to investor pockets in 2 months

banks March 23 low price May 27 high price Access 5.4 7.35 ETI 4.45 6.05 FBNH 3.85 5.7 FIDELITY 1.74 2 GTB 16.75 24.85 STANBIC 23.85 35.8 STERLING 1 1.4 UBA 4.5 7.2 UNION 6.5 6.7 Zenith 10.7 17.9   Some two months ago (March 23 to be precise) the Nigerian Stock Exchange (NSE) was at the lows...

Nigeria remains Airtel Africa’s crown jewel

Nigeria remains the major driver of Airtel Africa’s earnings growth, leveraging on a bourgeoning population that craves for data usage even amid a volatile...

Dangote Cement Loans Parent firm DIL N30bn in Q1

Dangote Cement’s first Quarter (Q1) 2020 numbers were largely lackluster, reflecting the tough operating environment for industrial firms, amid the slowdown induced by the...

Notore’s unsustainable debt burden may sink firm as Finance costs soar

Notore Chemical Industries Plc is a Nigerian firm that is engaged in the production and sale of Fertilizer, particularly Urea and Ammonia. About 82 percent...

United Capital Plc Raises N10 Billion in Series 1 Bond Issuance

United Capital Plc has successfully raised the sum of N10 billion in its Series 1 Bond issuance under a N30billion Medium-Term Debt Programme registered...

NSE Index crosses 50-day Moving Average

The NSE All Share Index is now trading above the 50-day moving average, a metric that’s proved important as it served as resistance at...

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