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‘My time had come to an end’ — Rewane resigns from FCMB board after 17 years

‘My time had come to an end’ — Rewane resigns from FCMB board after 17 years

Bismarck Rewane, chief executive officer of Financial Derivatives Company, has resigned from the board of FCMB Group Plc. Before his resignation, Rewane had been an independent non-executive director of the The post ‘My time had come to an end’ — Rewane resigns from FCMB board after 17 years appeared first on

Equity market sustains positive performance as NSE index up 0.14%

The equities market maintained a positive performance at the close of trade on Tuesday as price upticks in Guaranty Trust Bank, GTBank (+1.1 percent), Union Bank Nigeria, UBN (+4.5 percent) and Zenith (+0.8 percent ) drove the benchmark index, Nigerian Stock Exchange, NSE All Share Index, ASI up by 0.14 percent to close at 32,173.66 points.
Continue reading Equity market sustains positive performance as NSE index up 0.14% at Vanguard News Nigeria. …

Nigeria equity market rises by 0.14% in cautious trading

Nigeria equity market rises by 0.14% in cautious trading

The Nigerian Stock Exchange (NSE) market indices on Tuesday sustained growth, posting a marginal gain of 0.14 per cent in a cautious trading. Specifically, the All-Share Index rose by 43.72 points or 0.14 per cent to close at 32,173.66 against 32,129.94 achieved on Monday. Also, the market capitalisation which opened at N11.981 trillion increased by […] …

Presidential poll result: NSE loses N85bn in six hours

Presidential poll result: NSE loses N85bn in six hours

The market capitalisation of the Nigerian Stock Exchange (NSE) shed N85 billion in what traders have attributed to profit taking in reaction to the results of the presidential poll. The The post Presidential poll result: NSE loses N85bn in six hours appeared first on TheCable.

Poll shift: Investors lose N196bn in five hours

Poll shift: Investors lose N196bn in five hours

Investors on the Nigerian Stock Exchange lost N196 billion on Monday due to profit-taking activities during the five hours of trading on the bourse. The All-Share index, which opened at The post Poll shift: Investors lose N196bn in five hours appeared first on TheCable.

Equities market defies analysts’ projections

Equities market, yesterday, recorded remarkable performance following a 1.9 percent gain, thus lifting the Year to Date, YtD, performance and the Nigerian Stock Exchange, NSE, All Share Index back to positive territory by 0.01 percent, despite the closeness of the general elections.   
Continue reading Equities market defies analysts’ projections at Vanguard News Nigeria. …

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