Markets
Equities market’s bullish streak raised investors’ gain to N694bn
The equities market reversed the loss from the previous week following a bullish streak on all trading sessions last week...
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Covid-19: African Govts Need $154bn to Close Gap in 2020, Says Adesina
Warns debt may rise from $1.8tn to $2.1tn Projects 3.4% GDP loss in worst scenario Sets aside $10bn for public,...
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BUA Cement Delights Shareholders with N61bn Profit, Dividend Payment
When Chairman of BUA Group, Alhaji Abdul Samad Rabiu, decided to merge the cement companies in the group late last...
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CBN cautions investors against sourcing forex from ‘black market’
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has warned local and foreign investors from sourcing their...
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Investors’ fortune soars further by N426 billion in four trading days
The dominance of the bulls have continued unabated, as the equities market sustained positive sentiments for four consecutive trading days,...
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BDCs warn members against speculation, dollar exchanges N461/$
The Association of Bureaux De Change Operators of Nigeria has warned its members and forex speculators putting pressure on the...
Read moreAll-Share Index Rises Further as Market Sustains Bullish Trend
The Nigerian equities market sustained its bullish trading yesterday as the main index gained 1.03 per cent to close higher...
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Naira depreciates at I&E window, forex turnover up 117%
T The naira has depreciated to N386.33 at the Investors and Exporters (I&E) window as investors and importers continue to...
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Yuguda is new SEC DG
President Muhammadu Buhari has appointed Mr Lamido Yuguda as the new substantive Director-General of the Securities and Exchange Commission (SEC)....
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BUA Cement Records N61bn Profit, Recommends N1.75 Dividend Per Share
BUA Cement Plc yesterday announced a dividend of N1.75 per share for the year ended December 31, 2019. The dividend...
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Buhari Extends Nationwide Curfew, Kano Lockdown by Two Weeks
•Urges govs to work with task force •216 fresh cases move tally to 6,175 with 1,644 discharged, 191 dead •Mortality...
Read moreInvestors gain N37bn on blue-chip firms
Transactions on the floor of the Nigerian Stock Exchange on Monday halted marginal negative sentiment witnessed last Friday to begin...
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We have paid FG $13bn for gas purchase – NLNG
The Nigeria LNG Limited says it has paid over $13bn to the Federal Government for feed-gas purchase since the inception...
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Court authorises change of ownership scheme for NSE
The Federal High Court, Lagos, has granted an order authorising the scheme of arrangement for the Nigerian Stock Exchange (NSE)...
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FBNQuest Merchant Bank lists N5b bond on NSE
FBNQuest Merchant Bank (MB), the investment banking and asset management subsidiary of FBN Holdings Plc, at the weekened listed its...
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CBN naira defence depletes foreign reserves by $3.17bn
The country’s foreign reserves which stood at $38.07bn at the end of 2019 fell to $34.9bn at the end of...
Read moreInvestors Stake N9.8bn on 926m Shares as All-Share Index Falls 0.72%
Trading at the stock market fell last week after an impressive performance in the first week of May. Specifically,...
Read moreDespite COVID-19, NSE Attracts More Portfolio Investments
Total portfolio investment into Nigeria through the Nigerian Stock Exchange (NSE) as at first quarter of 2020 increased by 49...
Read moreNSE Hosts First Virtual ATS Broker Certification Training Programme
The Nigerian Stock Exchange (NSE) is sustaining its digital credentials with the commencement of its first online Automated Trading System...
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Naira to depreciate further – Analysts
Economists and other development experts are forecasting a sustained weakening of the national currency’s (Naira) exchange rates against other international...
Read moreNSE All-Share Index Rises 0.8% as Market Sustains Positive Performance
The stock market rose further Thursday as buying interest in bellwethers such as Dangote Cement Plc, Nestle Nigeria Plc and...
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Cadbury Nigeria Shareholders to Receive 49kobo Dividend Per Share
Shareholders of the Cadbury Nigeria Plc will receive a dividend of 49 kobo per share on June 25, 2020 after...
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Nigerian treasury bills oversubscribed by N132bn
The Nigerian Treasury Bills auctioned for the month of May was oversubscribed by N132bn. The Debt Management Office disclosed...
Read moreRenewed interest in bellwethers pushes NSE’s indices by N7 billion
The equities market halted losing streak to close in an upbeat yesterday, occasioned by renewed interest in high value stocks,...
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DMO to Raise N60bn through Bond Auction
The Federal Government through the Debt Management Office (DMO) is set to raise N60 billion through bond issuance. The...
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