Markets

Markets

Fixed Income, Currency markets turnover decreased to N14.07trn in September

Iheanyi Nwachukwu Oct 23, 2020

Turnover in the Fixed Income and Currency (FIC) markets for the month ended September 30, 2020 was N14.07trillion, FMDQ Securities...

Markets

NSE ASI rose by 0.13% in week marred by protests

Iheanyi Nwachukwu Oct 23, 2020

The benchmark performance indicator of Nigeria’s stock market increased by 0.13percent in the trading week ended Friday, October 23 but...

Markets

NSE ASI rose by 0.13% in week marred by protests

Iheanyi Nwachukwu Oct 23, 2020

The benchmark performance indicator of Nigeria’s stock market increased by 0.13percent in the trading week ended Friday October 23 but...

Markets

Conoil shareholders approve N1.39bn dividend payment

Iheanyi Nwachukwu Oct 23, 2020

Shareholders of Conoil Plc approved the payment of N1.39 billion dividend proposed by the board of the major oil marketing...

Markets

Stock market rises by 0.40% as investors see buy opportunity following recent dip

Iheanyi Nwachukwu Oct 22, 2020

Nigeria’s listed stocks gained N60billion on Thursday as investors saw opportunity to re-enter the market and buy value counters which...

Markets

Stock market rises by 0.40% as investors see buy opportunity following recent dip

Iheanyi Nwachukwu Oct 22, 2020

Nigeria’s listed stocks gained N60billion on Thursday as investors saw an opportunity to re-enter the market and buy value counters...

Markets

Chemical and Allied Products berths with Q3'20 scorecards

Iheanyi Nwachukwu Oct 22, 2020

Chemical and Allied Products Plc (CAP), one of Nigeria’s leading paints and decorative companies, announced its unaudited results for the...

Markets

Allianz brand value now at $12.1bn, Interbrand study reveals

Modestus Anaesoronye Oct 22, 2020

Allianz, global company with a subsidiary in Nigeria has emerged the number one insurer in the Interbrand ranking of the...

Markets

Stock investors reprice equities risks amid turmoil in Nigeria

Iheanyi Nwachukwu Oct 21, 2020

As violence and shootings trail agitation against Nigeria police brutality, investors on Wednesday began repricing equities risks, leading to a...

Markets

Inflows into I&E window rise 61.7% on central Bank's US$434.6m intervention

Hope Moses-Ashike Oct 21, 2020

Nigeria’s foreign exchange (FX) inflows into the Investors and Exporters (I&E) window improved gradually in the third quarter (Q3) 2020,...

Markets

Stocks down 0.75% as blue chips retreat on protest uncertainty

Iheanyi Nwachukwu Oct 21, 2020

Nigerian Stocks closed the day down by 0.75 percent as investors sold amid uncertainty over protests that have gripped Africa’s...

Markets

United Capital Q3 results show significant growth in key indicators

Iheanyi Nwachukwu Oct 20, 2020

United Capital Plc has announced its unaudited financial statements for the third quarter (Q3) period ended September 30, 2020. During...

Markets

Stock market records mild gain of N4bn

Iheanyi Nwachukwu Oct 20, 2020

Nigeria’s stock market closed slightly in the green zone on Tuesday as investors raised bets in mid/large cap stocks. The...

Markets

SEC sets January 2021 for implementation of Corporate Governance Guidelines

Iheanyi Nwachukwu Oct 20, 2020

The Securities and Exchange Commission (SEC), has issued a Corporate Governance Guidelines and a template (revised Form 01) for reporting...

Markets

Naira slides to N460 as BDCs receive over $50m amid EndSARS protest

Hope Moses-Ashike Oct 20, 2020

Nigeria’s currency on Tuesday exchanged with the dollar at N460, depreciating by N1.00k from N459 it stood since last week...