CBN seen loosening stranglehold on currency

BusinessDay May 23, 2016

Naira depreciates further as dealers await new FX regime

Analysts see budget consent further stoking equities demand

Afromedia posts N2.75bn loss to end 2015 FY

Greenwich Trust Limited accounts for 58% of market activity in April 2016

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Market Report

Capital market turnover drops by 31.6% in April

BusinessDay May 04, 2016

Total volume of shares traded on the Nigerian Stock Exchange (NSE) in April dropped by 31.57 percent, the Exchange report...

Experts charge employers to invest in training employees

BusinessDay Apr 28, 2016

Experts who spoke recently at Oxford University’s Conference have challenged employers to invest in training employees for sustainable growth of...

April SMI on lowest level as weaker market conditions weigh on sales

BusinessDay Apr 27, 2016

All five individual components of Nigeria’s Sales Managers’ Index (SMI) for the month of April continued on the downward path....

SEC urges collaboration on zero tolerance on infractions in Capital Market

BusinessDay Apr 26, 2016

Securities and Exchange Commission (SEC) has urged law enforcement agencies to collaborate with the Commission in its quest to ensure...

Oil price increase, naira-yuan deal to lower FX demand pressure

BusinessDay Apr 25, 2016

The gradual increase in the price of oil as well as the naira-yuan swap deal if completed would reduce the...

Profit taking: NSE All-Share Index down by 0.24%

BusinessDay Apr 24, 2016

Investors on the Nigerian Stock Exchange (NSE) on Friday embarked on profit taking, reversing the three-day growth recorded by the...

Yields on Nigeria's T-Bills rise across board at auction

BusinessDay Apr 21, 2016

Yields on Nigerian short-dated treasury bills rose significantly at an auction on Wednesday where the central bank sold a total...

Equities extend losses as macro drivers remain scarce

BusinessDay Apr 21, 2016

In the past week, equities continued to shed gains (for a second week running), as investors booked profits amid panic...

LCCI to reward high-impact businesses

BusinessDay Apr 20, 2016

Lagos Chamber of Commerce and Industry (LCCI) will honour excellence and ethical business practices at its 2016 Commerce and Industry...

A sky high impairment loss dampens Ecobank’s profit

BusinessDay Apr 19, 2016

A sky high impairment loss on loans has dampened the bottom line of Ecobank Transnational Inc., Africa’s most geographically diverse lender...

Diversified business base spur Transnational Corporation to growth

BusinessDay Apr 19, 2016

The diversified business segment of Transnational Corp. of Nigeria Plc (Transcorp), the company which has interests in industries ranging from...

FMDQ OTC Securities posts N2.09bn revenue in 2015 - report

BusinessDay Apr 18, 2016

FMDQ OTC Securities Exchange posted revenue of N2.09 billion for the financial year ended December 31, 2015, the company’s annual...

Nigeria not to be excluded from MSCI Frontier Markets Index

BusinessDay Apr 15, 2016

Nigeria will not be excluded from the Morgan Stanley Capital International (MSCI) Frontier Markets Index despite recent fears to that...

15 African deals, announcements in October you need to know

FMDQ gives PenCom real-time access to OTC trading system

BusinessDay Apr 12, 2016

FMDQ OTC Securities Exchange has granted National Pension Commission (PenCom) online real time access to FMDQ’s trading system(s) –a development...

FMDQ optimistic about improving Nigeria’s debt capital market in 2016