News In : Markets   (Page 1)
  • Stocks Extend Losses as Emerging Markets Tumble
  • The nation’s stock market extended losses for the ninth session on Wednesday as investors sold off shares from the relatively liquid banking and consumer goods sectors. The market value of equities listed on the N[...]
  • Date Posted:: 16/Aug/2018
  • Cryptocurrencies Shade $25bn, Trade Below $200bn
  • The digital currency market has made a new low for 2018 yesterday as the overall market valuations have dropped below $200 billion. The market is reeling under a heavy selling pressure as over $25 billion have been wiped[...]
  • Date Posted:: 15/Aug/2018
  • CBN injects Fresh $210m into Forex Market
  • The Central Bank of Nigeria on Tuesday injected $210m into the interbank foreign exchange market. The CBN said in a statement on Tuesday that it was extending efforts to boost liquidity and alleviate dollar shortages. &[...]
  • Date Posted:: 15/Aug/2018
  • NSE Commends Africa Prudential as Company records 48% Growth
  • Africa Prudential Plc, a leading share registration and investor services firm in Nigeria has been commended by the leadership of the Nigerian Stock Exchange, NSE, for championing laudable initiatives which have contribu[...]
  • Date Posted:: 13/Aug/2018
  • SEC Gives Dec 31 Deadline for Multiple Accounts’ Regularis...
  • The Securities and Exchange Commission (SEC) has said that investors who bought shares of the same company using different names during public offers have an extended deadline of December 31 2018 to consolidate their mul[...]
  • Date Posted:: 13/Aug/2018
  • Benchmark Stock Index falls by 2.89%
  • The nation’s stocks fell further last week as the All Share Index of the Nigerian Stock Exchange depreciated by 2.89 per cent to 35,446.47 basis points. The market capitalisation of listed equities dropped by 2.86[...]
  • Date Posted:: 13/Aug/2018
  • NAICOM Raises Capital Base for Insurance Firms by 200%
  • The National Insurance Commission (NAICOM) has finally set timeline for the implementation of risk-based recapitalization of insurance companies commencing from January 1, 2019. The commission also introduced a 3-tier b[...]
  • Date Posted:: 26/Jul/2018
  • Adopts Technology To Promote Financial Literacy
  • In line with its commitment to building a financially savvy generation, the Nigerian Stock Exchange (NSE) is pushing for the adoption of financial literacy through the use of information and communications technology (IC[...]
  • Date Posted:: 25/Jul/2018
  • Investors Loss N93bn as Market Cap at 8-month Lowest
  • Investors in the Nigerian Stock Exchange (NSE)  lost N93bn at the close of trading yesterday  as market capitalization fell to N13.2 trillion. Profit taking in market bellwethers - INTBREW (-8.0%), NIGERIAN BR[...]
  • Date Posted:: 25/Jul/2018
  • Stock Market’s Year-to-date Decline Worsens to 4.2%
  • Despite the announcement of corporate earnings by some companies for the half year (H1) ended June 30, 2018, the Nigerian bourse closed last week in the red as the bears maintained their dominance.  The market has r[...]
  • Date Posted:: 23/Jul/2018
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