News In : Markets   (Page 1)
  • NSE’s Market Capitalisation Plummets by N6billion
  • Yesterday, the All-share index dropped by 18.92 points to close at 35,188.97. Also, market capitalisation depreciated by N6billion or 0.05 per cent from N12.136trillion to N12.130trillion. The bulls lost their grip to t[...]
  • Date Posted:: 22/Sep/2017
  • FMDQ okays Wema Bank’s N50bn CP
  • The FMDQ OTC Securities Exchange has welcomed the N50bn commercial paper programme registration of Wema Bank Plc to its platform. The CP programme registration strategically positions Wema Bank to quickly raise short-te[...]
  • Date Posted:: 22/Sep/2017
  • NSE set for AGM as Aig-Imokhuede’s Tenure Ends
  • There are strong indications that the Nigerian Stock Exchange’s upcoming 56th Annual General Meeting will be a pivotal meeting given that its current President of Council, Mr. Aigboje Aig-Imokhuede, will be roundin[...]
  • Date Posted:: 22/Sep/2017
  • Naira to Take Cue from MPC Decision Next Tuesday
  • The naira is expected to trade little change against the United States dollar next week as investors await the Central Bank of Nigeria’s Monetary Policy Committee decision on interest rate on Tuesday. After its tw[...]
  • Date Posted:: 22/Sep/2017
  • NSE Partners Ciuci Consulting to Encourage SMEs Listing
  • The Nigerian Stock Exchange (NSE), and Ciuci Consulting, a strategy and consumer intelligence will next Tuesday launch the Nigeria Business Composite 10 (NiBC 10) Lagos Nigeria. The NIBC 10 is a selection of 10 successf[...]
  • Date Posted:: 21/Sep/2017
  • Two MPC Members Raise Red Flag over NPLs of Four Banks
  • Two members of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) – Dr. Doyin Salami and Hassan Balami – have expressed concern over the high level of non-performing loans in four banks[...]
  • Date Posted:: 21/Sep/2017
  • Nigeria, Indonesia Trade Volume Plummets by 50%
  • The Indonesian Ambassador to Nigeria, Harry Purwanto, has said that the volume of trade between his country and Nigeria has dropped by 50 per cent. He explained that though Indonesia was still purchasing crude oil from[...]
  • Date Posted:: 21/Sep/2017
  • Diamond Bank Grows Cashless Transactions to 89%
  • Despite the country’s current challenge in driving the ‘cashless’ mentality in the financial services sector, the Chief Executive Officer, Diamond Bank Plc, Mr. Uzoma Dozie, says 89 per cent of the bank[...]
  • Date Posted:: 21/Sep/2017
  • Odu’a Declares N788m Profit for 2016
  • The 35th Annual General Meeting of Odu’a Investment Company Limited was held on Wednesday, where N788m was declared as profit before tax for the financial year ended December 31, 2016. The amount represents 32 per[...]
  • Date Posted:: 21/Sep/2017
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