Markets

Markets

FG offers 2, 3-year savings bonds at 11.27%, 12.27% for April – DMO

Osa Victor Obayagbona Apr 02, 2019

Federal Government has offered for subscription two-year savings bond at 11.27 percent and three-year savings bond at 12.27 percent per...

Markets

Downstream woes revealed by negative stock returns in 10yrs

Oladehinde Oladipo Apr 02, 2019

Listed companies in Nigeria’s downstream oil and gas sector have recorded negative returns in the last 10 years compared to...

Markets

Stock market activity declines by more than 50 percent year-on-year in Q1 2019

Anthony Nlebem Apr 01, 2019

Stock market turnover for the first quarter of 2019 fell by around 52 percent in volume and value as the...

Markets

SEC is implementing over 70% of master plan initiatives — DG

Osa Victor Obayagbona Apr 01, 2019

Securities and Exchange Commission (SEC) says it has commenced implementation of 66 out of the over 90 initiatives outlined in...

Markets

Equities shed N49 bn in first quarter 2019

Teliat Sule Mar 31, 2019

Listed stocks on the floor of the Nigerian Stock Exchange shed N48.6 billion at the end the first quarter of...

Markets

Weak sentiment trails Nigeria stocks

Iheanyi Nwachukwu Mar 28, 2019

Unless more investors decide to shift from their cautious approaches to buying stocks at the Nigerian Bourse, the equity market...

Markets

Forex turnover at NAFEX window hits $105.9bn

Hope Moses-Ashike Mar 28, 2019

The foreign exchange turnover at the Nigerian Autonomous Foreign Exchange Fixing (NAFEX) has totalled $105.9 billion from inception in late...

Markets

Investors lose additional N79bn as negative sentiment persists on Nigerian bourse

Iheanyi Nwachukwu Mar 27, 2019

Nigeria’s equities market closed on Wednesday March 27 on a negative note. The Nigerian Stock Exchange (NSE) All Share Index...

Markets

Policy reforms, liberalisation top AIHN 4-point agenda for capital market

Hope Moses-Ashike Mar 27, 2019

The Association of Issuing Houses of Nigeria (AIHN) Tuesday disclosed its four-point agenda for the country’s capital market, some of...

Markets

NSE in need of boost as market underperforms sub-Saharan Africa markets

David Ibidapo Mar 27, 2019

The Nigeria’s stock market would require more than the earnings season to spur a boost in its performance as the...

Markets

Stock market dips marginally by 0.01%

Iheanyi Nwachukwu Mar 26, 2019

Nigeria’s equities market declined marginally by 0.01percent on Tuesday March 26 as only eighteen (18) stocks recorded price increase as...

Markets

EGX, AfDB meet on initiative to unify securities trading in Africa

Israel Odubola Mar 26, 2019

Just a month after joining the African Exchanges Linkage Project (AELP), the Egyptian Exchange (EGX) received a mission from the...

Markets

NSE major indices close in red as Nigerian stocks mirror global peers

Oluwasegun Olakoyenikan Mar 26, 2019

Equities listed on the Nigerian Stock Exchange (NSE) were not left out of the bearish performance that characterised global stock...

Markets

GTBank Nigeria Plc: Growth in profit aided by efficient cost management

Bala Augie Mar 26, 2019

Guaranty Trust Bank Nigeria (GTBank) Plc recently released its results for the year ended December 2018 which shows significant growth...

Markets

Stock market returns to negative path, investors lose N36bn

Iheanyi Nwachukwu Mar 25, 2019

Nigeria’s stock market rerouted back to the negative territory at the sound of closing gong on Monday March 25 as...