Markets
Investors’ wealth plummet further by N18 billion
The bears further strengthened their hold on the equities sector of the Nigerian Stock Exchange (NSE) yesterday, following selloffs on...
Read more
CBN stops treasury bills’ sale to individuals
The Central Bank of Nigeria has given a directive to banks and other financial institutions to stop the sale of...
Read more
Equities market extend losing streak as index slumps further
Equities market extended the losing streak at the end of yesterday’s transactions, as more bluechip stocks depreciated in price, resulting...
Read more
Foreign investment in equities rises to $9.48bn
The value of foreign portfolio and direct investment in equities amounted to $9.48bn (N3.44tn) between June 2017 and June 2019....
Read more
NSE All-Share Index Falls 0.10% as Market Returns to Negative Mode
The Nigerian equities market returned to negative mode yesterday as the Nigerian Stock Exchange (NSE) All-Share Index fell by 0.10...
Read more
Like Nigeria, India Set to Slam Fines on Palm Oil Importation
India, the world’s largest buyer of palm oil is to impose more heavy fines on imported palm oil products in...
Read more
Dangote plans fuel exports to Europe, others
Dangote Group has said it plans to export petroleum products from its refinery to Europe, South America, West Africa and...
Read more
Underwriters raise investors’ hopes as earnings shot up by 600%
Determined to increase the shareholders’ confidence in the nation’s insurance industry, underwriting companies have been wooing investors with better returns...
Read more
Capital market development and need for fiscal incentives
Capital markets, globally, are an integral part of the financial system, providing efficient delivery mechanisms for savings mobilization and allocations,...
Read more
Transactions reverse negative posture at stock market
The Nigerian Stock Exchange (NSE) opened trading for the week on Monday northward after closing the previous week on bearish...
Read moreEquities extend losing streak amid mixed earnings, sentiments
Nigeria’s equities market extended its decline following mixed earnings reports and continued risk-off sentiments, causing the composite All-Share Index (ASI)...
Read more
MTN plans stakeholders’ talks over USSD dispute
MTN Nigeria says it is ready to engage with stakeholders in the industry to find a solution to the USSD...
Read more
CBN to auction N93.13bn treasury bills
The Central Bank of Nigeria is billed to auction N93.13bn worth of treasury bills in a Dutch auction at the...
Read more
Stock market reverses gaining streak as index slumps 0.2 per cent
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), reversed previous gains to close on a downward note...
Read moreForeign Investments in Equities Market Soar to N1.2tn
Foreign transactions in the Nigerian equities market soared by 97.88 per cent from N616 billion to N1.219 trillion in the...
Read more
NSE lists Union Bank’s N30bn bonds
The Nigerian Stock Exchange has listed Union Bank of Nigeria Plc’s N30bn10-Year bond. The NSE said in a notice that...
Read moreSell pressure in 15 stocks drag NSE’s indices by N28 billion
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), reopened on a negative note yesterday, as sell pressure...
Read more
AfDB Advocates Unlocking of $1.8tn AUM for Investment
The President of the Africa Development Bank (AfDB), Dr. Akinwunmi Adesina, has stressed the need to mobilise mutual funds and...
Read moreEquities defy earnings’ scorecards as investors lose 0.32% in one week
Analysts blame weak purchasing power, low confidence Despite the 2019 third quarter (Q3) financial results so far released by some...
Read more
FMDQ records N179tn turnover in eight months
FMDQ OTC Securities Exchange recorded a turnover of N179tn in nine months. Data obtained from the FMDQ on Thursday showed...
Read moreAll-Share Index Falls Further as Market Extends Bearish Trend
The Nigerian equities market declined further following losses by banking stocks. The Nigerian Stock Exchange (NSE) All-Share Index fell by...
Read more
Oil rises 1% on OPEC supply cuts
Oil rose about 1.4 per cent on Wednesday, gaining support due to signs that the Organisation of Petroleum Exporting Countries...
Read more
Pound stands firm as Brexit hopes build, equities rise
The pound held most of its gains Wednesday after hitting a five-month high on growing hopes that Britain and the...
Read more
DMO report: Nigeria’s debt is N25.7trillion
NIGERIA owes N25.7 trillion in domestic and external debt. The Debt Management Office (DMO) stated this in its ‘Total Public...
Read more
Listed firms raise N768.7bn capital in three years
Companies that are publicly listed in the capital market have raised a total of N768.7bn capital in the last three...
Read more
Powered by Agusto & Co.