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0 Views Cutix Plc has announced plan to acquire Adswitch Plc,  a related electrical switchgears company that was delisted on the Nigerian Stock Exchange (NSE) in 2016. Adswitch, a Nigerian company, was incorporated in 1982 and it has a close relationship with Cutix Plc. The board of Cutix stated that it the acquisition is intended […]

0 Views Oil prices found some respite on Wednesday as U.S. oil futures rose more than 20% and Brent prices steadied after a two-day price plunge, as markets struggle with a massive crude glut amid the coronavirus outbreak. After falling into negative territory for the first time in history amid record trading volumes, U.S. crude […]

0 Views The dollar and yen held broad gains on Wednesday, as a bounce in oil prices failed to calm market nerves, with the week’s rout and frail fuel demand underlining a grim outlook for the global economy. The greenback sat just below a two-week peak against a basket of peers, and barely budged against […]

0 Views Asian share markets slipped to two-week lows on Wednesday as the floor fell out from under crude prices, exposing the deep economic damage wrought by the global coronavirus health crisis. Skittish investors sought the safety of government debt as Brent oil futures plunged for a second day to a low last seen almost […]

30 Views The Nigerian equities market today (Tuesday), closed negatively with a 1.27% dip, extending the previous negative momentum of two consecutive trading sessions, following value depreciation on ACCESS, WAPCO and 25 others. Consequently, the market breadth closed negatively, recording 27 losers as against 4 gainers.   NSE Trading Floor In summary, the All-Share Index […]

23 Views COMPANY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE ABCTRANS 0.35 0.35 – – 0.35 0 0.38 1 28000 10640 ACCESS 6.4 6.4 6.1 6 6.1 -0.3 -4.69 6.0278168123636 229 11479421 69195846.9 AFRINSURE 0.2 0.2 – – 0.2 0 0.2 1 370 74 AFRIPRUD 3.41 3.41 3.39 3.29 3.35 […]Read More

32 Views The Nigerian equities market today (Monday), began the trading week on a negative note, halting the previous positive momentum of seven consecutive trading days, with a marginal loss of 0.01%. The dip was buoyed by value depreciation on bellwether stocks like ACCESS, ZENITHBANK and 14 others. Consequently, the market breadth closed negatively, recording […]

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104 Views COMPANY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE ABCTRANS 0.35 0.35 0.35 0.35 0.35 0 0 0.35 1 200000 70000 ACADEMY 0.31 0.31 – – 0.31 0 0.34 1 3000 1020 ACCESS 6.7 6.7 6.8 6.35 6.4 -0.3 -4.48 6.46 170 5442823 35185552.05 AFRIPRUD 3.47 3.47 3.49 3.41 […]Read More

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17 Views THE Central Bank of Nigeria (CBN) is planning to establish $39 billion (N15 trillion) InfraCo fund, an independently managed fund, expected to be rolled out  within the next one year to boost infrastructure development. CBN Governor, Godwin Emefiele who made this known, said the world-class infrastructure development vehicle, focused on Nigeria, will be […]