News In : Markets   (Page 6)
  • Banks to Adopt N360/$ Rate for 2018 Results
  • Commercial banks are expected to adopt N360/$ exchange rate in reporting their 2018 financial results, a report from Exotic Capital, a developing market investment bank, has said. The rate contrasts with the N330/$ rate[...]
  • Date Posted:: 06/Jun/2018
  • NSE to Step up Advocacy Against Bear run
  • Worried by the heightened bear run on equities the Nigerian Stock Exchange, NSE, is set to initiate new measures that will favourably change the fortune of the stock market. This was disclosed by the NSE’s Chief E[...]
  • Date Posted:: 05/Jun/2018
  • SEC seeks fiscal Incentives for Listed firms to Deepen Marke...
  • The Securities and Exchange Commission (SEC) has advocated some measures of fiscal incentives for listed companies on the Nigerian Stock Exchange (NSE) in order to mitigate their cost burden and encourage more entities t[...]
  • Date Posted:: 05/Jun/2018
  • Investors Transact $1.7b at I&E window
  • CBN offers $541m in three days, reserves steady at $47b Transactions at the nation’s autonomous foreign exchange market- the Investors and Exporters (I&E) Window, hit a record $1.7 billion in one week, despite[...]
  • Date Posted:: 04/Jun/2018
  • SEC Proposes Fiscal Incentives for Listed Firms to Deepen Ma...
  • The Securities and Exchange Commission (SEC) has advocated some measure of fiscal incentives for listed companies on the Nigeria Stock Exchange (NSE) to mitigate their cost burden and encourage more entities to list shar[...]
  • Date Posted:: 04/Jun/2018
  • RMB to Launch Stockbroking arm in Nigeria
  • Rand Merchant Bank is set to launch its stockbroking arm in Nigeria, as part of its fifth anniversary celebration. The Chief Executive Officer, RMB Nigeria Stockbrokers, Abiola Adekoya, said in an interview that the ban[...]
  • Date Posted:: 04/Jun/2018
  • Naira comes under Pressure, Reserves Drop to $47.75bn
  • The naira has come under pressure against the United States’ dollar in recent days, falling to 366 to the greenback on the parallel market. The pressure followed the decline in the nation’s foreign exchange[...]
  • Date Posted:: 30/May/2018
  • Stock Market Transactions fell by 22% in April — NSE
  • The nation’s stock market saw total transactions by investors dip by 22.11 per cent to N212.23bn in April, latest report from the Nigerian Stock Exchange has shown. The bourse recorded N272.48bn transactions in Ma[...]
  • Date Posted:: 30/May/2018
  • Fidelity Bank eyes Increased Retail Market Share
  • Fidelity Bank has said it will continue to increase the adoption and migration of customers to its digital platforms and increase its retail banking market share. The Chairman, Fidelity Bank, Mr. Ernest Ebi, at the annu[...]
  • Date Posted:: 30/May/2018
  • Equity market — Listed Securities on NSE
  •    The equity market trended downward for the second consecutive week as investors stayed on the sidelines last week amidst the build up to the electioneering period. Consequently, the NSE All-Share Index and m[...]
  • Date Posted:: 28/May/2018
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