Category Archives: Capital Market
NSE records first loss in February
Trading on the nation’s bourse swayed southward on Wednesday to record its first depreciation in February, shedding 0.15 per cent. The News Agency of Nigeria
Stocks reverse losses as investors gain N334bn
Stock market investors gained a total of N334bn last week as the market closed on a positive note for five straight sessions. The market capitalisation
Raising funds from the capital market
In the last ten years, Nigeria has made remarkable progress in capital market development. The menu of available asset classes has been expanded to include
Bulls regain vigour as index rises further by 0.2 per cent
The bulls maintained dominance at the end of yesterday’s transactions on the trading floor of the Nigerian Stock Exchange (NSE), as most blue chip stock
Stock market sustains rising profile, up by N11 billion
Sustained bargain-hunting in some highly capitalised stocks pushed the market capitalisation further by N11 billion at the end of yesterday’s transactions on the equities sector
Stable forex rate aided price stability of consumer goods
The Manufacturers Association of Nigeria (MAN), has said the ability of the Central Bank of Nigeria (CBN), to sustain intervention in the real sector as
Indices plunge further by 0.11% amid lingering sell pressure
The Nigerian Stock Exchange (NSE) yesterday extended three days of selloff, attributable to uncertainties that besieged the nation’s political environment.For instance, the recent removal of
Banking, industrial goods stocks lead market gains
The nation’s stock market gained N156bn in four straight days as banking and industrial goods equities listed on the Nigerian Stock Exchange came under buying
Experts want more products in capital market
Financial experts have highlighted the need to increase the products in the capital market, saying the market lacks sufficient asset classes for people to invest
Firm deepens FX market with first digital BDC workplace
To promote convenience and deepen the country’s foreign exchange (FX) market, Turtlewax BDC, a foremost Bureau de Change operator in Nigeria, and KiakiaFX, have opened
Stock market rebounds marginally by 0.01%
The Nigerian equities market rose marginally by 0.01 per cent, yesterday, occasioned by price gains in some highly capitalised stocks As a result, the All-Share
CBN may increase items on forex restriction list to 50
The Central Bank of Nigeria may increase the items on the foreign exchange restriction list from 42 to 50 in order to boost local production
Financial stocks contribute 89% to equity turnover
The financial services industry dominated activities in volume terms, at the end of last week’s transactions on the trading floor of the Nigerian Stock Exchange
Stock market extends rally as 23 firms gain
The nation’s stock market closed higher on Thursday as Neimeth International Pharmaceuticals Plc and 22 other firms recorded price appreciation. The market has closed on
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