Markets
Investors in selling spree as market loses N263bn
Investors in the nation’s stock market have embarked on a selling spree as the market lost N263bn in five consecutive...
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Sell pressure dominates market as investors lose N27.6bn
Sell pressure in the equities market dominated at the start of the week as investors counted losses totalling N27.6bn at...
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Access Bank Grows Half-year Profit by 62% to N74bn, Declares 25k Interim Dividend
Access Bank Plc has begun reaping benefits of its merger with the defunct Diamond Bank Plc as it has recorded...
Read moreMarket indices slump by 1.4% amid loss of investor confidence
It was another period of pullback at the end of last week’s trading on the equities sector of the Nigerian...
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Pound tops $1.23 as no-deal Brexit prospect fades
The British pound topped $1.23 on Thursday, hitting a one-month peak on fading prospects of a “no deal” Brexit after...
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How digital trends will affect financial services’ roles
Then evolving global trends in digitisation will not just reduce manual processes, but will cut cost to barest minimum, ensure...
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Indices down by N130 billion as market reverses gaining streak
The Nigerian equities market’s gaining streak came to a close yesterday, as losses incurred by most blue-chip stocks dragged market...
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Stocks sustain gains, investors earn N30bn
The nation’s stock market on Tuesday sustained the gains it began the month with as the market capitalisation increased further...
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Experts want increased participation in debt capital market
With only three per cent adult patronage in the capital market, stakeholders have urged retail investors to patronise the debt...
Read moreStock market begins September with N19bn gain
The equities market opened trading in September on a positive note as investors gained N19bn. Analysts at Afrinvest Securities Limited...
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AfDB okays $20b for transport infrastructure
The African Development Bank (AfDB) has invested over $20 billion in transport infrastructure on the continent in the last one...
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CBN intervention to retail secondary market hits $13bn in 1yr
Data compiled by Daily Trust show that the Central Bank of Nigeria (CBN) has made interventions in the retail Secondary...
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SEC Begins Close Monitoring, Supervision of Capital Market Operators
The Securities and Exchange Commission (SEC) has begun a close monitoring and supervision of capital market operators in a bid to...
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Apex bank rolls over N208.6b maturing T-bills
THE Central Bank of Nigeria (CBN) has rolled over N208.6 billion Treasury Bills across all maturities at the Primary Market...
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UBA declares 20k interim dividend
United Bank for Africa Plc has announced its audited half year financial results for the period ended June 2019, showing...
Read moreStock Market in Moderate Loss as Investors Adopt Cautious Trading
The free fall in stock prices moderated as the market went down marginally by 0.69 per cent in August compared...
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Ministerial appointments’ rally lifts investors’ wealth by N338b
Following President Muhammadu Buhari’s assignment of portfolios to ministers last week, the equities market recorded the first week-on-week gain in...
Read moreSEC regularises 3.4b share certificates in capital market
The Securities and Exchange Commission (SEC) has said that about 3.4 billion units of shares have been effectively regularised at...
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FG allots N139.58bn for August bond
The Federal Government has announced that it has allotted N139.58 billion during its August bond auction. A statement by Debt...
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Nigerian Stock Exchange Delists Skye Bank, Fortis Microfinance Bank
The Nigerian Stock Exchange (NSE) wednesday delisted Skye Bank Plc and Fortis Microfinance Bank Plc following approval from the National...
Read moreInvestors gain N120bn on price appreciation in MTN, others
Trading on the floor of the Nigerian Stock Exchange sustained its positive momentum as market capitalisation increased by N120.7billion to...
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Dangote Cement overtakes MTN as NSE’s biggest firm
Dangote Cement Plc has regained its position as the biggest listed firm on the Nigerian Stock Exchange as sell-offs were...
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NSE All-Share Index Sheds 0.21% as Market Returns to Bearish Mode
The stock market returned to bearish mode yesterday as the Nigerian Stock Exchange (NSE) All-Share Index fell by 0.21 per...
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DMO allots N324m bonds to 408 subscribers
The Debt Management Office (DMO) has allotted the sum of N324m, raised during its monthly August subscription of the savings...
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Conoil Shareholders Approves N1.4bn Dividend as Coy Promises Higher Returns
Shareholders of Conoil Plc last Friday approved a dividend of N1.4 billion for the 2019 financial year, just as the...
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