Markets

Markets

Naira gains 0.26% over dollar at I&E FX window

Vincent Nwanma Apr 16, 2020

The foreign exchange market closed on Wednesday with Naira gaining N1.00 against the dollar which traded at N385.63k at the...

Markets

FBN Holdings notifies NSE of discussions with Sanlam to divest from FBN Insurance 

Iheanyi Nwachukwu Apr 15, 2020

FBN Holdings Plc on Wednesday April 15 formally notified the Nigerian Stock Exchange (NSE) of on-going discussions with its partner...

Markets

NSE publishes guidance to facilitate effective virtual meetings for stakeholder amid Covid-19

Iheanyi Nwachukwu Apr 15, 2020

The Nigerian Stock Exchange (NSE) on Wednesday April 15, published guidance on virtual Board, Committee, and Management Meetings for stakeholders....

Markets

Stocks jump by most since early January as Dangote Cement gains 10%

Segun Adams Apr 15, 2020

Nigerian stocks extended gaining streak Wednesday after bellwether stock Dangote Cement gained a maximum 10% to push the market by...

Markets

Stocks jump by most since early January as Dangote Cement gains maximum 10%

Segun Adams Apr 15, 2020

Nigerian stocks extended gaining streak Wednesday after bellwether stock Dangote Cement gained a maximum 10% to push the market by...

Markets

Dollar trades at N416 at black market amid scarcity 

Hope Moses-Ashike Apr 15, 2020

Nigeria’s currency on Wednesday exchanged for an average rate of N416 per dollar, depreciating by N4.00k compared to N412/$ traded...

Markets

Nigerian stocks jump by most in over-a-month

Segun Adams Apr 15, 2020

Stocks on the Nigerian Stock Exchange (NSE) gained by the most since early March after OPEC and its allies agreed...

Markets

Equities start new week on a positive note 

Iheanyi Nwachukwu Apr 14, 2020

Nigeria equities market started the new week with a positive performance, gaining 2.32percent.  Shares of Dangote Cement Plc and MTNN...

Markets

NSE promotes gold as viable option in current investment landscape

Iheanyi Nwachukwu Apr 14, 2020

Now more than ever, investors are looking for newer investment options that can provide the much-needed diversity to their portfolios....

Markets

SEC clarifies ban on sharing of gifts at AGM

Iheanyi Nwachukwu Apr 12, 2020

The Securities and Exchange Commission (SEC) has clarified its position on the sharing of gifts at Annual General Meetings (AGM)...

Markets

Stanbic IBTC, Fidelity Bank compete for dominance of tier-2 banking industry

Teliat Sule Apr 12, 2020

The nation’s tier-2 banking industry sub sector is fast turning into a highly competitive landscape, as players in this banking...

Markets

Nigeria stock market rallies further on increased bargains

Iheanyi Nwachukwu Apr 09, 2020

Remote trading on the Nigerian Stock Exchange (NSE) witnessed increased bargain on Thursday, April 9, making it the third positive...

Markets

Primero BRT lists N16.5bn bond on NSE

Iheanyi Nwachukwu Apr 09, 2020

Dealing Members of the Nigerian Stock Exchange were on Thursday notified about the listing of N16.5billion Series 1 term bond...

Markets

Low priced stocks seen creating re-entry points for investors 

Iheanyi Nwachukwu Apr 08, 2020

The low prices of fundamentally-justified stocks are becoming re-entry points for investors seeking value at the Nigerian Stock Exchange (NSE)....

Markets

Identity management issues: SEC develops investor’s data, consent form

Iheanyi Nwachukwu Apr 08, 2020

In a bid to address challenges associated with identity management in the capital market, the Securities and Exchange Commission (SEC)...