The Tadawul All-Shares Index, which tracks the Arab world’s largest capital market, sank three per cent, shedding some 200 points in the first few minutes before regaining some of the losses.
The Securities and Exchange Commission (SEC) has asked shareholders of the defunct Afribank Plc to claim their dividends.
The Securities and Exchange Commission (SEC) on Monday asked shareholders of the defunct Afribank Plc to claim their dividends.
The Securities and Exchange Commission (SEC), in its bid to ensure the proliferation of financial literacy and investors education, has reached out to officers in the Armed Forces, Police, and other Para-military and other agencies on the investment initiatives in the Capital Market, and how to protect their sundry investments.
Foreign Portfolio Investors have pulled out N243.35bn from the Nigerian capital markets in seven months primarily due to the bearish performance of the market in recent times.
Shareholders of Ellah Lakes Plc have approved the plan by the company to raise additional capital to pursue its growth plan. They gave the approval at the company’s Extra-Ordinary General Meeting, EGM, in Lagos.
The Securities and Exchange Commission, SEC, has disclosed that the report of Technical Committee, TC, on commodities trading ecosystem in Nigeria was being implemented and was expected to make the much desired impact on the commodities trading that would stimulate Nigeria’s capital market and economic growth.
Following the inauguration and allocation of portfolios to federal cabinet members by President Muhammadu Buhari, the Nigerian Stock Exchange, NSE, yesterday, recorded its highest rally in two months. The benchmark index, All-Share Index, went up by 1.01 percent.
Some capital market operators on Thursday said there was the need for the new ministers to commence work without delay to revive the nation’s economy to avoid another round of recession.
The Nigerian Stock Exchange on Wednesday said it is collaborating with JP Morgan Chase to facilitate in-depth capacity building programme on the derivatives market.
Investors on the Nigerian Stock Exchange (NSE) on Wednesday reacted positively to the inauguration and assignment of ministers to various portfolios by President Muhammadu Buhari.
Dangote Cement Plc has regained its position as the biggest listed firm on the Nigerian Stock Exchange as sell-offs were witnessed in MTN Nigeria Communication Plc’s shares on Tuesday.
The Surulere Police Station on Wednesday received an information that one Kehinde Muse, 25, of No 56, Modele Street drank a substance suspected to be sniper.
Following the suspension of Mrs Winfred Oyo-Ita, by President Muhammadu Buhari, Dr Folashade Yemi-Esan, on Thursday assumed duty as Acting Head of Civil Service of the Federation.
The police in Ogun State have arrested a 43-year-old man, Oluwole Bamidele, for allegedly raping a six-year-old daughter of his neighbour.
Members of the Board of Trustees, BOT, of the Peoples Democratic Party, PDP, on Thursday publicly disagreed over the report of the committee set up to look into the circumstances that led to the emergence of Hon. Ndudi Elumelu, as the Minority Leader of the House of Representatives against the directive of the party.
Sheikh Ahmad Gumi, Islamic cleric, says former President Goodluck Jonathan and President Muhammadu Buhari both lack education on how to lead Nigeria.
The Secretary to the Kogi State Government (SSG), Mrs Folashade Ayoade-Arike, on Monday entered the witness box to testify at the panel hearing investigating allegations of gross misconduct against the deputy governor of the state, Elder Simon Achuba.
The Inspector General of Police Abubakar Mohammed Adamu has expressed preference for the adoption of community police as against the clamour for state police.
The Proscribed Indigenous People of Biafra, IPOB, Saturday observed a minute silence in honor of their members who died in their quest for a sovereign state.g
Tunisians began casting votes in an unpredictable presidential election on Sunday, where there is no overwhelming front-runner, with the young democracy’s economic ills dominating the agenda, Reuters reported.
Algerian authorities have arrested Fodil Boumala, a prominent opposition activist and anti-government protester, fellow activists and a lawyer said on Thursday.