Category Archives: Capital Market

NSE records first loss in February

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

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

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

Stock market sustains

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

forex-rate

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

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

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

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

FX market

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%

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

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