Activities on the Nigerian Stock Exchange remained upbeat on Thursday with the market capitalisation improving further by N110 billion following gains in Nestle and Dangote Cement.
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Union Bank of Nigeria Plc on Wednesday announced gross earnings of N42.6 billion in its unaudited financial statements for the first quarter ended March 31, 2020.
FBN Holdings Plc on Monday announced gross earnings of N159.7 billion for the three months ended March 31, 2020.
The Nigerian equities market maintained an upward trend on Wednesday with the market capitalisation growing further by N77 billion following renewed interest in high capitalised stocks.
The Nigerian Stock Exchange rebounded on Tuesday with a growth of 1.24 per cent, after a loss of over N200 billion in the preceding trading session.
FBN Holdings Plc on Monday declared profit after tax of N73.67 billion in its audited result for the financial year ended December 31, 2019.
The News Agency of Nigeria reports that the turnover was lower by 7.94 per cent compared with 255.59 million shares worth N2.86 billion traded in 4,418 deals on Thursday.
The Nigerian Stock Exchange market indicators on Tuesday recorded further depreciation, dropping by 0.14 per cent.
The Nigerian Stock Exchange has assured investors of seamless trading during the 14 days lockdown to stem the spread of coronavirus in the country.
Nigerian equities market on Monday opened trading for the week with a loss of N277 billion, amidst weak sentiments in the wake of weaker oil prices and Coronavirus pandemic.
Fidelity Bank Plc has recorded gross earnings of N215.5 billion for the financial year ended December 31, 2019, indicating an increase of 14 per cent.
The domestic equities market closed update on Tuesday with a growth of 0.19 per cent just as the Monetary Policy Committee retained all rates in spite of the COVID-19 pandemic.
The Nigerian Stock Exchange has granted a 60-day grace period to companies for the submission of Audited Financial Statements due March 30, following disruptions by COVID-19.
Following the raging effect of COVID-19 in country, the Nigerian Stock Exchange will effective March 25 temporarily close its trading floors and engage in remote trading.
The market indicators of the Nigerian Stock Exchange on Friday appreciated by 0.17 per cent after four days of consecutive sell pressure.
Panic sell off continued on the Nigerian Stock Exchange on Tuesday with the market capitalisation shedding N656 billion in what an expert attributed to fear of naira devaluation.
The Nigerian Stock Exchange market capitalisation opened the week on Monday with a huge loss of N329 billion due to persistent fall in global oil price and rising cases of COVID-19.
Union Bank of Nigeria Plc has declared a dividend to its shareholders for the first time since 2008.
Guaranty Bank Trust Plc on Monday posted a profit of N196.85 billion for the financial year ended December 31, 2019, just as it declared a final dividend of N2.50 per share.
United Bank of Nigeria Plc has posted a profit after tax of N89.1 billion for the financial year ended December 31, 2019.