Sam Diala, THEWILL

Equity Market Narrows Downward Trend As NSE-ASI Dips -0.1%, Investors Lose N23bn

- Naira Stands N395.50/USD At I&E Window Equities market closed on Wednesday in the negative territory with NSE-ASI depreciating by -0.1 per cent to close at 42,000.01 basis points (bsp), as against -0.74 per cent depreciation recorded on Tuesday at...

Equity Market: NSE-ASI Declines -0.74% As Investors Lose N146.3bn

- Naira Drops 0.25% At I&E Window BEVERLY HILLS, February 02, (THEWILL) - The Nigerian Stock Exchange (NSE) closed negative at the end of the second trading day in February with the NSE-All Share Index declining by 0.74 per cent...

NSE: Zenith Bank Tops Value-Traded Stocks As Investors Gain N1.1trn YTD

- Naira Gains 0.05% On I&E Window Activity chart of the Nigerian Stock Exchange (NSE) for the last trading session of the month, Friday January 29, showed Zenith Bank atop Most-Traded stocks with a total value of N1.2 trillion and...

Julius Berger Posts Lowest Profit In 6yrs

- Amid Shrink In Building Works BEVERLY HILLS, January 29, (THEWILL) - Construction giant, Julius Berger Nigeria Plc, recorded the lowest profit in six years as at December 31, 2020 – no thanks to the shrink in building and construction works...

Monetary Policy Committee Maintains Status Quo At First Meeting Of The Year

BEVERLY HILLS, January 26, (THEWILL) - Nigeria’s Monetary Policy Committee (MPC) meeting that held on the 25th and 26th of January has just been concluded with a decision to hold all policy parameters constant as follows; 1. Retain the MPR at...

Global Financial Crisis: Chinese Leader Fingers ‘Excess Chase Of Profit’ At World Economic Forum

BEVERLY HILLS, January 25, (THEWILL) - China’s President, Xi Jinping, has blamed what he called excess chase of profit by financial players and a great failure of appropriate regulation for the global financial crisis that has plagued the world...

Unilever Nigeria Posts N1.59bn Loss In 2020

- As Stakeholders Bemoan Gloomy Outlook BEVERLY HILLS, January 24, (THEWILL) - Unilever Nigeria Plc, a leading consumer goods company, recorded N1.59 billion post-tax loss in 2020, representing 62.3 per cent lower than the N4.22 billion reported in the preceding...

Equity Market Maintains Bullish Trend As Investors Lose N51bn

BEVERLY HILLS, January 22, (THEWILL) - The divergence in the Nigerian Stock Exchange (NSE) settled on Friday on a negative note as the NSE-ASI depreciated by -0.24 per cent to close at 41,001.99 basis points as against -0.12 per...

Diaspora Remittances: CBN Vows To Sanction Errant Operators

BEVERLY HILLS, January 22, (THEWILL) - The Central Bank of Nigeria (CBN) has vowed to sanction international money transfer operators (IMTOs) still paying diaspora remittances in the local currency, Naira. The bank had in December 2020 directed that IMTOs and...

NSE Compensates 49 Investors With N17.02m, Records N305.11m Shares Recovery

BEVERLY HILLS, January 19, (THEWILL) - The Nigerian Stock Exchange (NSE) said it compensated no fewer than 49 investors who suffered pecuniary losses in 2020 with the sum of N17.02 million. It also added that it facilitated restitution and recoveries of...

About Me

Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
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