Category Archives: Capital Market
Stock market reopens bearish, indices down by N16 billion
Following renewed profit taking by investors on the Nigerian Stock Exchange (NSE), equity transactions reopened for the week on a downward note, causing market capitalisation
Chinese stocks tumble as trading resumes under a cloud
Chinese stocks tumbled Monday as investors returned to a pile-up of negative news that accumulated over a week-long holiday, from disappointing economic data to worsening
NSE, others to examine sustainable economic growth
The Nigerian Stock Exchange and other stakeholders will converge on Lagos this week for the fourth edition of the NSE-Bloomberg CEO conference. According to a
Envoy, SEC, FSD Africa seal £450,000 deal for market regulation
Succor may have come the way of investors on the Nigerian Stock Exchange (NSE), as the Securities and Exchange Commission (SEC) and FSD Africa, at
NSE market indicators record 2.04% growth
Activities on the Nigerian Stock Exchange (NSE) improved on Tuesday with the market indicators appreciating marginally due to price gains by some blue chips. The
Stock exchange’s premium index gets 49 per cent returns in three years
After three years of establishment, the seven listed companies constituting the Nigerian Stock Exchange (NSE) Premium Board Index raised activities on the platform with a
Stock market reverses losses, gains N65bn
In line with some analysts’ expectations, the nation’s stock market experienced a rebound on Tuesday as the domestic equities market reversed some of its previous
FG transfers 21% shares in the mint to CBN
The Federal Government has transferred its 21 per cent shares in the Nigerian Security Printing and Minting Company to the Central Bank of Nigeria. Vice-President
China To Invest N2.16trn In Africa In 3 Years
The Chinese Government has expressed readiness to invest N2.16 trillion ($60 billion) in Africa in the next three years. The Consul-General of the People’s Republic
China-Africa trade hits N4.17 trillion in seven months
The Consul-General of China in Lagos, Mr Chao Xiaoliang, on Thursday said the volume of trade between China and Africa from January to July this
Stockbrokers urge end to destablisation of capital market
Citing the negative impact of unguarded utterances by actors in the political space on the nation’s capital market, the Association of Stockbroking Houses of Nigeria
CBN auctions $210m foreign exchange
CBN auctions $210m foreign exchange The Central Bank of Nigeria (CBN), yesterday, auctioned $210 million at the inter-bank foreign exchange (forex) market to ensure that
Renewed interests in low price stocks buoy indices, pare losses
At the end of transactions on Friday, the gains recorded from the previous session were enough to spur a rebound of the indices at the
The Guardian eyes entry into the Nigerian Stock Exchange
Remarks by the Publisher of The Guardian and Chairman, Guardian Newspapers Limited, Lady Maiden Alex-Ibru, at the Nigerian Stock Exchange (NSE) Closing Gong Ceremony on
Naira Exchange Rates