News In : Markets   (Page 8)
  • 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
  • Investors Losses Hit N244b
  • There appears to be no end in sight for the reign of bears on the equity sector of the Nigerian Stock Exchange (NSE) as major highly capitalized stock continued to record price depreciation, causing investors’ weal[...]
  • Date Posted:: 20/Jul/2018
  • Avoid Ponzi schemes, Fake Financial Managers, SEC Warns
  • The Securities and Exchange Commission has warned Nigerians to shun fraudsters and Ponzi scheme managers that attract unsuspecting customers with huge, but unrealistic dividends. The Acting Director-General of the Commi[...]
  • Date Posted:: 20/Jul/2018
  • CBN Sustains Forex Intervention, Injects $210m
  • The Central Bank of Nigeria on Tuesday injected the sum of $210m into the interbank foreign exchange market. According to a statement, the CBN offered $100m to authorised dealers in the wholesale segment of the market,[...]
  • Date Posted:: 18/Jul/2018
  • IMF Raises Nigeria’s 2019 Growth Forecast to 2.3%
  • The International Monetary Fund (IMF) has raised Nigeria’s Gross Domestic Product (GDP) projection for 2019 to 2.3 per cent, up from the 1.9 per cent it had predicted for the country previously. The fund stated th[...]
  • Date Posted:: 17/Jul/2018
  • Collaborative efforts’ll make Capital Market Vibrant ...
  • The Securities and Exchange Commission has said it is open to suggestions and actions that will make the capital market vibrant, stressing the need for more stakeholder collaboration. The Acting Director-General, SEC, M[...]
  • Date Posted:: 16/Jul/2018
  • FBN Holdings to Buy Back $300m Eurobond Debt Notes
  • First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc is to exercise its option to call the $300 million 8.25 per cent subordinated notes(Eurobond) raised from the international debt markets before the due date[...]
  • Date Posted:: 11/Jul/2018
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