News In : Markets   (Page 7)
  • Stock Exchange Expels Three Brokers over shares Fraud
  • The Nigerian Stock Exchange (NSE) Council has expelled three stockbrokers for alleged misappropriation and fraudulent sale of client’s shares. A March 28 circular obtained by The Nation stated that the registratio[...]
  • Date Posted:: 09/Apr/2018
  • Financial Stocks Outperforming Other Sectors on NSE
  • The development of any country largely depends on the economic growth it achieves over a period of time. To attain economic development, a country needs more investment and production and this can happen only when there[...]
  • Date Posted:: 09/Apr/2018
  • May & Baker Posts N605.6m Full-year Pre-tax Profit
  • May & Baker Nigeria Plc has reported a profit before tax of N605.6m for the full-year ended December 31, 2017. The health-care firm recorded significant growths in sales and profitability in 2017 as it continued the[...]
  • Date Posted:: 09/Apr/2018
  • Stock market Rises as Prestige, 20 Others Gain
  • The equities market of the Nigerian Stock Exchange on Thursday pared some of the losses it recorded on Tuesday and Wednesday, as the market capitalisation rose by N45bn to close at N14.77tn. The NSE market capitalisatio[...]
  • Date Posted:: 06/Apr/2018
  • FCMB Reports N170bn Gross Revenue
  • FCMB Group Plc has grossed N169.9 billion as earnings in the 2017 financial year and recommended  10 kobo  dividend for its shareholders In its audited results for 2017 made available to the Nigerian Stock Exc[...]
  • Date Posted:: 05/Apr/2018
  • UK stocks Hit Five-year Lows
  • United Kingdom equities are more undervalued compared to their United States and global counterparts than at any point over the last several years, according to new data. Looking at the ratio of each listed company&rsqu[...]
  • Date Posted:: 05/Apr/2018
  • NIPPs: Preferred Investors Rework Investments over Forex
  • Preferred investors with successful bids for Nigeria’s Integrated Power Projects are currently reworking the amount of investments to put in the assets following the sharp rise in the exchange rate of the United St[...]
  • Date Posted:: 05/Apr/2018
  • NSE Records N123bn Drop in Foreign Transactions
  • Foreign portfolio investors’ transactions at the Nigerian Stock Exchange dropped by N123bn in the first two months of the year. Domestic transactions fell to N128.83bn in February from N274.32bn recorded in Decemb[...]
  • Date Posted:: 04/Apr/2018
  • CBN spent $3.3bn on Forex Interventions in Q1
  • The Central Bank of Nigeria (CBN) has spent $3,328,190,000 in forex interventions in the various segments of the interbank market in the first quarter of 2018. The interventions as released by the CBN from time to time[...]
  • Date Posted:: 02/Apr/2018
  • Stock market in Q1’18: Investors Gain N1.38trn in 3months
  • Industrial goods, banking sectors outperform ASI By Peter Egwuatu & Nkiruka Nnorom DESPITE the bearish trend that prevailed in the equities market on the Nigerian Stock Exchange, NSE, for most part of March 2018, act[...]
  • Date Posted:: 02/Apr/2018
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