Tag: market

Gala Mega Sausage Roll Hits Nigerian Market

By Modupe Gbadeyanka United Africa Company (UAC Foods), makers of the popular Gala sausage roll, has introduced a bigger package of the same product into the Nigerian market. At a press briefing held in Lagos recently, the company explained that it introduced the Gala mega sausage roll into the market in direct response to the… Continue reading Gala Mega Sausage Roll Hits Nigerian Market

NSE Market Cap Gains N8b On Thursday

By Modupe Gbadeyanka Equity transactions on the Nigerian Stock Exchange (NSE) resumed in an upward trend on Thursday with the market capitalisation growing by N8 billion to close at N9.628 trillion after it opened at N9.620 trillion. The all-share index recorded a gain of 0.08% after adding 22.5 points to close at 28,031.90. Business Post… Continue reading NSE Market Cap Gains N8b On Thursday

NSE Moves 176.77m Shares Worth N1.89b

By NAN Investors on the Nigerian Stock Exchange (NSE) on Tuesday traded a total of 176.77 million shares valued at N1.89 billion exchanged in 3,682 deals, the News Agency of Nigeria (NAN) reports. NAN also reported that this was against the 195.02 million shares worth N1.57 billion traded in 3,221 deals on Monday. The Financial… Continue reading NSE Moves 176.77m Shares Worth N1.89b

Stocks Up 1.1% Last Week Amid Recession Fanfare

By Modupe Gbadeyanka A turnover of 1.115bn shares, worth N13.817bn in 16,083 deals, were traded, last week, by investors on the floor of the exchange in contrast to a total of 1.124bn shares, valued at N13.839bn, that exchanged hands, last week, in 15,625 deals. The NSE All-Share Index and market capitalisation appreciated by 1.11 per… Continue reading Stocks Up 1.1% Last Week Amid Recession Fanfare

Harnessing Traditional Source Markets To Foster Tourism Growth In Nigeria

By Olukayode Kolawole Nigeria is blessed with rich natural resources. These resources have, no doubt, contributed meaningfully to the economic growth and development of the country. While some of these resources have been reproduced into things of greater value, such as gold and PMS, DPK, AGO and LPFO products, others are being preserved as tourism… Continue reading Harnessing Traditional Source Markets To Foster Tourism Growth In Nigeria

NSE: Market Rebounds After Monday’s Loss

By Modupe Gbadeyanka The Nigerian equities market rebounded on Tuesday after opening on a bearish note on Monday, August 29, 2016. The market, which went down by 0.30 percent on Monday, appreciated by 0.46 percent yesterday on bargain hunting in bellwether stocks. The Nigerian Stock Exchange (NSE) closed higher at 27,493.12, while market capitalisation added… Continue reading NSE: Market Rebounds After Monday’s Loss

NSE Market Capitalisation Loses N49b

Trading on the floor of the Nigerian Stock Exchange (NSE) on Thursday, August 11, 2016 ended on a bad note. The market capitalisation of the Nigerian equities market shed N49 billion, in spite of the 25k interim dividend announced by Zenith Bank for the half-year ended June 30. The market capitalisation lost N49 billion or… Continue reading NSE Market Capitalisation Loses N49b