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Nigerian Stock Exchange NSE

Investors shift to penny stocks as decline continues

Investors appeared to be making strategic shift to dividend-hunting among low-priced stocks as the bearishness at the Nigerian equities market continued to mitigate share prices of most large and mid-cap stocks.
Nigerian Stock Exchange NSE

NSE opens February trading with N160 billion loss

In spite of an influx of unaudited 2019 full year results, trading on the nation’s bourse opened for February on a bearish posture, as investors’ sentiment remained weak.
China's benchmark CSI 300 closed 7.9 per cent lower, marking its worst day since August 2015 © EPA

Coronavirus: Chinese stocks plunge as markets reopen

Fears over the coronavirus have triggered a sharp fall in Chinese shares as markets reopened after the Lunar New Year holiday.
Nigerian Stock Exchange NSE

NSE: Market indicators extend losing streak, drop 0.27 per cent

Transactions on the Nigerian Stock Exchange (NSE) maintained a downward trend for the fourth consecutive trading day with the market indicators extending its losing streak by 0.27 per cent.
Nigeria Stock Exchange

NSE unveils growth board for startups, SMEs to deepen nation’s capital market

Mr Oscar Onyema, NSE Chief Executive Officer, said at the official launch of the board in Lagos that the initiative was in line with the Federal Government’s diversification drive for economic growth and development.
Shoppers in Japan during the Lunar New Year celebrations. The country has reported two cases of Wuhan coronavirus infections . TOMOHIRO OHSUMI-GETTY

Coronavirus: European stocks sink as virus sparks investor panic

Europe’s main equity markets plunged at the open on Monday, mirroring losses elsewhere on investor panic over the deadly coronavirus.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

SEC: Our economy big enough for bigger capital market

The Acting Director-General of the Securities and Exchange Commission, Ms Mary Uduk, has said that Nigeria’s economy is big enough to accommodate a bigger and more attractive capital market.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

SEC: Electronic offering‘ll reduce unclaimed dividends

Acting Director-General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk has said that the introduction of electronic offering in the Nigerian capital market remains a major achievement that will help solve the problems of unclaimed dividends.
Nigerian Stock Exchange NSE

NSE: Trading defies inflation figure, index up 0.90 per cent

The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019.
Nigerian Stock Exchange NSE

NSE records first loss in 2020

The Nigerian Stock Exchange posted the first loss in 2020, dropping by 1.18 percent after 11 days of a consecutive uptrend.
Nigerian Stock Exchange NSE

Profit taking drags down equity performance by 1.2 percent

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, MTN, Dangote, others make Nigeria’s top 100 companies

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.

NSE optimistic on bullish market as equities’ return rises to N1.35 trillion

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.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

SEC: Market regulation now more efficient with technology

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.
Nigerian Stock Exchange NSE

Market capitalisation gains N2.22 trillion in seven days

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.
Nigerian Stock Exchange NSE

Trading moderates on NSE, indices appreciate marginally by 0.07 percent

Transactions on the Nigerian Stock Exchange (NSE) moderated on Friday with the market indicators improving marginally by 0.07 per cent.
BUA Group

BUA Cement lists 33.86 billion shares on NSE, emerges third largest listed company

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.
A pedestrian walks past a stock indicator board for the Tokyo Stock Exchange being displayed in a window of a securities company in Tokyo on October 1, 2018. - Japanese shares powered to a new 27-year high on October 1 after the US and Canada clinched a long-awaited trade deal, but other Asian equity markets struggled in subdued holiday trading. (Photo by Martin BUREAU / AFP)

Asian shares rebound as US, Iran stand down, yen retreats

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.

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President Muhammadu Buhari

President Buhari appoints new NDDC interim chief

President Muhammadu Buhari has approved the enlargement of the Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) from three to five.

World Bank approves six projects for Nigeria

It said the projects would also capture expansion of the digital economy to promote job creation and increase capacity of public and private sector on governance, social and environmental safeguards.
Defending champions the Olympic Eagles of Nigeria got off their campaign at the 2019 U-23 Africa Cup of Nations on a dour note following a 1-0 loss to Cote d’Ivoire at the Al Salam Stadium, Cairo, on Saturday evening.

NFF denies appointing Daniel Amokachi as technical director

The Nigeria Football Federation has stated that Mr. Bitrus Bewarang remains the Technical Director of the football–governing body, and that at no time has the body called for applications from candidates for his position, not to talk of appointing anyone into the post.
Manchester City advanced to the EFL Cup final following a 3-2 aggregate over Manchester United.

Five top games to watch in Europa League this week

The Europa League knockout phase begins on Thursday, with VAR being introduced to Europe’s secondary club competition for the first time outwith the final for the last 32, first-leg ties. AFP Sport picks five games to watch this week

Child trafficking: NAPTIP nabs two suspects in Akwa Ibom

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) says it has apprehended two suspects for human trafficking in Akwa Ibom.