The Nigerian equities market opened the trading week positive on Monday as bulls dominated the trading session, thereby boosting the broad market’s index. Data from the Nigerian Exchange Limited (NGX) on the day’s trading, reflected that at the end of the day’s trading, the All-share Index (ASI) grew by 0.69% to close at 55,328.42 points […]
Nigeria’s equities market closed negative on Wednesday as bears dominated the trading session, thereby driving down the market capitalization. Information on the day’s session indicated that the All-share Index (ASI) depreciated by 0.16% to close at 52,615.51 points while the market capitalization dipped by N46 billion to close at N28.658 trillion. The Year-to-Date (YtD) returns […]
Exxon Mobil, the U.S Texas-based company and one of Nigeria’s major upstream operating companies, has opened talks on the sale of a suite of oil and gas fields in Nigeria as it focuses on new developments in U.S. shale and Guyana. A news report by Reuters on Tuesday indicated that already the company was exploring […]