The equities market today (Tuesday) recorded the first profit taking after a long streak gain this month leading to a decline in a major performance index as the Nigerian Stock Exchange, NSE All Share Index declined by 1.2 percent or 118 bases points, bps.
Julius Berger Nigeria Plc has been ranked in the upper Top 100 Nigerian companies in terms of assets, revenue and profits in fiscal year 2018.
The Nigerian Stock Exchange (NSE) has expressed optimism that the current recovery at the stock market will be sustained. Its optimism is based on the improved macroeconomic conditions and favourable global economic outlook.
The Securities and Exchange Commission, SEC, has said that regulation of the market in a technology-driven era is now more efficient and that is why it is stepping up its use in regulation to ensure that investors in the capital market are adequately protected.
The market capitalisation of the Nigerian Stock Exchange (NSE) rose N2.22 trillion or 17.10 percent in seven trading sessions with the market maintaining an upward trend since the beginning of 2020.
Transactions on the Nigerian Stock Exchange (NSE) moderated on Friday with the market indicators improving marginally by 0.07 per cent.
BUA Cement Plc achieved a feat on the Nigerian Stock Exchange (NSE) with the listing 33.86 billion ordinary shares at N35 per share, emerging as the third largest company on the bourse.
Asian stocks had their best session in weeks on Thursday, as the U.S. and Iran backed away from the brink of conflict in the Middle East and investors reversed their flight to safety.
Oil prices surged, gold hit a more than six-year high and most equities tumbled Monday after the US assassination last week of a top Iranian general fanned fears of a major conflict in the Middle East.
The market capitalisation of the Nigerian Stock Exchange on Friday sustained a positive trend, crossing to N13 trillion mark on the second trading day of 2020.
The Securities and Exchange Commission, SEC, said the various initiatives being implemented in the 10-year capital market master plan have made the capital markets more attractive to investors.
Success in the foreign exchange market largely depends on the strength of forecasting skills. Here are the main factors influencing the dynamics of Forex.
The Nigerian Stock Exchange opened the last trading week for 2019 on Monday with a growth of 0.73 per cent following investors’ interest in heavyweight stocks.
Nigeria’s portfolio transactions declined by N280 billion as foreign portfolio investors (FPIs) tended to be more on the sell side than the buy side.
The Supreme Court has on Tuesday upheld the election of governor Samuel Ortom of Benue State and his Adamawa State counterpart, Ahmadu Umar Fintiri.
Shortly after the deputy speaker of Imo State House of Assembly, Okey Onyekanma, announced his resignation, the minority leader, Ekene Nnodimele, has also resigned.
The Federal Government has nominated Prof. Adebambo Adewopo, a foremost professor of Intellectual Property to lead the World Intellectual Property Organisation (WIPO).
The decomposing body of a businessman, Chief Ignatius Odunukwe, who was kidnapped two months ago by a robbery gang who posed as estate developers, has been recovered in a bush in an undisclosed area of Lagos, by policemen attached to the Zone 2, Onikan, Lagos.
Galaxy have yet to make an official announcement but former Manchester United and West Ham forward ‘Chicarito’ told the newspaper the time was right from him to swap Sevilla for Major League Soccer.
Civil Rights activist and former lawmaker, Senator Shehu Sani, has declared that his current travail in the hands of the Economic and Financial Crimes Commission (EFCC) was politically motivated and out of malice, saying he has not in any way begged the anti graft agency not to make public alleged audio recording between him and his accuser, Alhaji Sani Dauda.
The Chief Medical Director of the University College Hospital, Ibadan, Prof. Jesse Otegbayo, says privatisation of government-owned teaching hospitals will take quality and affordable healthcare out of the reach of many Nigerians.
Chelsea have discussed Edinson Cavani’s future with Paris Saint-Germain, but they have stopped short of making an official offer for the striker.
An EFCC Operative, Mohammed Goji, on Monday, told the Federal High Court, Abuja, that the commission did not conduct a thorough investigation into the defunct Pension Reformed Task Team (PRTT) headed by Abdulrasheed Maina to unravel members of the team drawn from other ministries, departments or agencies (MDAs) of government.
Nigeria’s Sodiq Yusuff says he hope to follow the footsteps of compatriots Israel Adesanya and Kamaru Usman to land UFC world title in the nearest future.