News In : Markets   (Page 6)
  • CBN Sells $514 Million in Two Trading Days
  • In just two trading days, Friday and yesterday, the Central Bank of Nigeria (CBN) made a $514.4 million intervention in the foreign exchange (forex) market.Of the amount, the sum of $210 million was sold yesterday in var[...]
  • Date Posted:: 30/Jan/2018
  • Miners, oil Companies Fuel Gain for Britain’s FTSE
  • Britain’s top share index pulled ahead of sluggish European markets on Monday thanks to its strong cyclical tilt as mining and oil stocks powered higher. The FTSE 100 ended the session up 0.1 per cent at 7,671.53[...]
  • Date Posted:: 30/Jan/2018
  • 40 Stocks Drive 1.2% Market Rally Amid New Rules
  • The Nigerian stock market (equities) opened the week in gains as 40 counters appreciated at the close of trading on the floor of the local bourse. The NSE All-Share Index rose by 1.2 per cent to 44,306.48 basis points f[...]
  • Date Posted:: 30/Jan/2018
  • Forex market Intervention: ‘CBN Spends $15.9b’
  • The Central Bank of Nigeria (CBN) has spent $15.9 billion in nine months in its weekly intervention in the foreign exchange (forex) market, Managing Director, Afrinvest Securities, Ayodeji Ebo,  has said. He spoke[...]
  • Date Posted:: 29/Jan/2018
  • NSE Implements New Kobo-based Pricing Rules
  • The Nigerian Stock Exchange (NSE) will today begin the implementation of its amendments to the pricing methodology and par value rules, which remove the stopgap that has supported stocks at their nominal value and will a[...]
  • Date Posted:: 29/Jan/2018
  • Experts Laud New Share Pricing Method of NSE
  • Some financial experts on Monday commended the new share pricing method of the Nigerian Stock Exchange (NSE). They said it that would not allow share prices to trade as low as one kobo and boost inflow foreign investmen[...]
  • Date Posted:: 29/Jan/2018
  • Conglomerates Industry Dominates NSE Activity Chart
  • The conglomerates industry (measured by volume) led the activity chart last week on the Nigerian Stock Exchange with 4.110 billion shares valued at N10,016bn traded in 2,454 deals.  It thus contributed 57.43 per ce[...]
  • Date Posted:: 29/Jan/2018
  • BDCs Back Nigeria’s Return to JPMorgan Bond Index
  • The Association of Bureaux De Change Operators of Nigeria says the Federal Government’s plan to open talks with JPMorgan Chase & Co for their reinstatement in the local currency emerging market bond index will[...]
  • Date Posted:: 29/Jan/2018
  • Aina Advocates More FinTech Adoption in Capital Market
  • The Chairman, FinTech Associates Limited, Dr. Segun Aina, has called for more financial technology adoption in the Nigerian Stock Exchange and the capital market at large. Aina said this on Wednesday at the Closing Gong[...]
  • Date Posted:: 26/Jan/2018
  • Dangote Sugar, AfriPrud, UBA Gain, Equities Slide More
  • Dangote Sugar Refinery Plc, Africa Prudential Plc and United Bank for Africa Plc emerged as the top gainers on Thursday after the Nigerian Stock Exchange extended losses to fourth consecutive session. The All-Share Inde[...]
  • Date Posted:: 26/Jan/2018
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