Category Archives: Capital Market
Political tension, sell-off sustain pressure on NSE’s indices
Analyst sees gloomy week, as bargain hunting continues Political tension ahead of the 2019 general elections, persistent sell-offs, as a reaction and bargain hunting by
Political turbulence triggers more equity slump
Investors lose 2.2 per cent in one day Turbulence in the political arena has sparked massive dumping and induced sell pressure on the equity sector
External reserves fall below $47bn, lowest since April
The nation’s foreign exchange reserves have dropped below $47bn, losing $251m in the first six days of the month, data from the Central Bank of
Stakeholders harp on effective coordination during rescue operations
He added that more emergency centres and units would soon be unveiled in some parts of the state, while calling for improved collaboration among emergency
CBN injects $210m in foreign exchange market
The Central Bank of Nigeria has injected 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments of the
Provide more credit to consumers, credit bureaux tell banks
Credit bureaux have urged banks to lend more money to consumers in order to accelerate the growth of the nation’s economy The Managing Director/Chief Executive
Stock market reopens bearish, index down by 0.06%
Transactions on the floor of the Nigerian Stock Exchange (NSE), reopened on a bearish note yesterday, following price losses incurred by most bluechip stocks, causing
CBN to introduce new cyber-security framework
The Central Bank of Nigeria (CBN) said it was developing a Risk Based Cyber Security Framework for banks and payment service providers to combat internet
SEC restates commitment to robust capital market
The Securities and Exchange Commission, SEC has reiterated its resolve to collaborate with relevant stakeholders to further develop and deepen the capital market. The Ag.
How to invest in FGN Savings Bond
The FGN Savings Bond was introduced into the market March 7, 2017 as a result of market restructuring. This saw the upward review of the
Stakeholders urge private sector involvement in tackling infrastructural deficits
Stakeholders have canvassed the need for private sectors at states level to invest in infrastructure, without necessarily depending on the government. At a one-day International
How National Assembly cut N347.5bn from 4,700 MDAs projects from 2018 budget
Facts have emerged on how the National Assembly reduced allocations to 4,700 projects of Ministries, Departments and Agencies of the Federal Government to the tune
Stocks start second half on negative note
The nation’s stock market kicked off the second half of the year on a negative note, reversing the slight gains recorded last month. The market
Nigerian Govt urged to focus on renewable technology
Dr Samuel Adjogbe, Executive Director of Projects, Niger Delta Development Commission (NDDC), has called on the federal government and states in the Niger Delta region
Naira Exchange Rates