Category Archives: Capital Market
C & I Leasing’s N7b bond to drive expansion, debt refinancing
Records 133% over-subscription C&I Leasing Plc has announced that N7 billion Series I bond which opened on Monday May 21, 2018 recorded 133 per cent
CBN shouldn’t reduce benchmark interest rate – Experts
Financial and economic experts have said a downward review of the Monetary Policy Rate by the Central Bank of Nigeria will no longer be necessary.
CBN to sell N1.1trn Treasury Bills in 3 months
The Central Bank of Nigeria (CBN) has rolled plans to issue N1.1 trillion worth of Treasury Bills (NTBs) in the next three months to August
US stocks end lower on trade war fears, Dow -1.0%
Wall Street stocks finished solidly lower Thursday after a Trump administration announcement of tariffs on steel and aluminum imports from Europe, Canada and Mexico deepened
Stock market: Bearish sentiment pushes returns to negative
Following the consistent bearish run that has dominated the Nigerian Stock Exchange, NSE, in the last two months the year-to-date, YtD, return yesterday relapsed to
Paga processes N660 billion worth of transactions
For the third year in a row, Paga has been presented an award by the Nigeria Inter-Bank Settlement Systems Plc (NIBBS) for the mobile money
Stock market value falls below N14tn, investors lose N153bn
The total market value of all companies trading on the Nigerian Stock Exchange fell below the N14tn mark on Wednesday, for the first time since
Non-oil exporters await promissory notes as EEG backlog hits N350 billion
Prolonged approvals from the National Assembly for non-oil export incentives under the revised Export Expansion Grant (EEG) scheme, also known as the Export Credit Certificate
Shareholders approve Forte Oil’s restructuring plan
Shareholders of Forte Oil Plc have approved the plan to restructure the company, subject to the approval of all regulatory authorities. The company stated this
NSE: Trading resumes on negative trend with 0.75% loss
Activities on the Nigerian Stock Exchange (NSE) resumed for the week on Monday still in red with the indices dropping by 0.75 per cent, while
Equity market- Listed securities on NSE
The equity market trended downward for the second consecutive week as investors stayed on the sidelines last week amidst the build up to the electioneering
35 stocks fall, investors lose N154bn in one day
The losses recorded by 35 equities listed on the Nigerian Stock Exchange at the end of trading on Thursday wiped out a total of N154bn
Manufacturers hope on Nigeria-China currency swap to reduce costs
Manufacturers have expressed the hope that the proposed currency swap between Nigeria and China will go a long way in reducing their cost of doing
Investors lose N100 billion in three trading days
The dominance of the bears remains unabated in the equity sector of the Nigerian Stock Exchange (NSE), following continued price losses by virtually all the
Naira Exchange Rates