Category Archives: Capital Market

Equities market sheds 1.22% on sustained profit taking

Equities market sheds 1.22% on sustained profit taking

The Nigerian equities market yesterday shed 1.22 per cent, causing market capitalisation to dip below the N11 trillion mark on sustained profit taking. The All

CSCS shareholders approve N3.5b total dividend for 2018

CSCS shareholders approve N3.5b total dividend for 2018

Shareholders of the Central Securities Clearing System (CSCS) Plc, have approved a cumulative dividend of N3.5 billion culminating in 70 kobo per share due to

Investors lose N713bn in April as stock market tumbles

Investors lose N713bn in April as stock market tumbles

Investors in the nation’s stock market lost N713bn in April as the stock market declined further, recording a N135bn loss on Tuesday. The stock market

Stock market capitalisation falls below N11tr mark, loses N136b

Stock market capitalisation falls below N11tr mark, loses N136b

Market capitalisation of the Nigerian Stock Exchange (NSE), closed below N11 trillion mark, depreciating by N136 billion, following price losses incurred by some bellwethers. Specifically,

Transcorp wins Afam power plant with N105.3 billion offer

Transcorp wins Afam power plant with N105.3 billion offer

•As Quest Electric grabs Yola Disco for N19b It was yet another victory yesterday, as Transcorp Plc, core investors in the Ughelli Power Plant, won

Stock market index plunges further on profit-taking

Stock market index plunges further on profit-taking

Following profit-taking in some bellwethers, transactions on the trading floor of the Nigerian Stock Exchange (NSE), extended the negative streak as the All Share Index

Investors shun bank shares despite N720 billion profit

Investors shun bank shares despite N720 billion profit

Though the combined profit, in excess of N720 billion, of the five top-tier banks on the Nigerian Stock Exchange (NSE) has remained strong, investors are

Credit to the economy rises to N30.5trn

Credit to the economy rises to N30.5trn

CREDIT to the economy rose to an all time high above the N30 trillion mark in February 2019, driven by strong growth in credit to

Improved performance lifts NSE’s index further by 0.8%

Improved performance lifts NSE’s index further by 0.8%

The Nigerian Stock Exchange (NSE) sustained a rising profile at the end of transactions yesterday, following improved performance on the shares of some banks, causing

Foreign investors withdraw N94bn from stock market in 2 months

Foreign investors withdraw N94bn from stock market in 2 months

Foreign investors have withdrawn N94.09 billion from the Nigerian stock market in the first two months of the year as the equities market continues to

Chams, Dangote Flourmills lead in stock market’s N94 billion gain

Chams, Dangote Flourmills lead in stock market’s N94 billion gain

The equities market reversed previous losses to close in an upbeat at the end of yesterday’s transactions, following price gains by most bluechip companies, especially

CBN introduces guidelines for non-interest financial institutions

CBN Governor Godwin Emefiele

The Central Bank of Nigeria has introduced guidelines on the management of investment account holders for Non- Interest Financial Institutions in Nigeria. The regulatory body