Equities on the Nigerian Stock Exchange generally posted their fifth consecutive daily gains on Thursday as leading stocks including Seplat, Dangote Cement and MTNN propelled the N325 billion upward drift.
Positive sentiments persisted on the Nigerian Stock Exchange on Wednesday with the All-Share Index extending growth by 0.11 per cent.
EU antitrust regulators gave the green light on Wednesday to the London Stock Exchange’s $27 billion takeover of Refinitiv, creating a stronger competitor to financial data leader Bloomberg LP.
Dangote Cement, Nigeria’s biggest company by market capitalisation, has announced the completion of the first tranche of its share buyback programme.
The rule provides that “if an issuer fails to file the relevant accounts by the expiration of the cure period, the exchange will: send to the issuer a ‘second filing deficiency notification’ within two business days after the end of the cure period; suspend trading in the issuer’s securities; and notify the Securities and Exchange Commission (SEC) and the market within 24 hours of the suspension”.
The equities market began 2021 on positive note yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose 2.18 per cent to close at 41,147.39, while market capitalisation added N458.4 billion to be at N21.5 trillion.
The Nigerian Stock Exchange (NSE) resumed trading in 2021 on a bullish trend with the All-Share Index surpassing the 41,000 mark, as investors continued to position ahead of full-year results and dividend declaration.
The New York Stock Exchange has begun delisting three Chinese telecom companies after an executive order from US President Donald Trump in October.
British stocks ended lower on Wednesday, reversing early gains as fears over a fast-spreading new strain of the coronavirus led to most of the country being placed under tighter restrictions, even as Britain approved AstraZeneca’s COVID-19 vaccine.
The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, has said the Exchange will continue to provide support to capital market stakeholders.
Britain’s markets opened with a strong start after a Brexit trade deal was agreed by Prime Minister Boris Johnson’s government and the European Commission.
Nigerian Stock Exchange (NSE) on Thursday reversed its uptrend, dropping by N2 billion ahead of the Christmas celebration.
The Nigerian Stock Exchange (NSE) gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other stocks.
Major UK and EU stocks plummeted on Monday to a nearly three-week low amid the new lockdown measures, prompted by the spread of the new mutated COVID-19.
Transactions on the Nigerian Stock Exchange (NSE) rebounded on Wednesday by N50 billion, halting two consecutive days bearish trend due to sustained bargain-hunting in insurance stocks.
The police force headquarters in Abuja Wednesday paraded a 20-year old man, Abubakar Amodu, for allegedly kidnaping his father alongside with his gang members and collected N2 million as ransom before he was released.
President Muhammadu Buhari has congratulated the new United States of America, USA President, Joe Biden and the Vice President, Senator Kamala Harris as they took the oath of office on Wednesday.
The Economic and Financial Crimes Commission (EFCC) has opened its case against Babachir Lawal, a former secretary to the government of the federation (SGF), accused of N544 million fraud.
Quadri Aruna and Olajide Omotayo are among top African stars listed for the first official events of the World Table Tennis (WTT) in Qatar on March 3 to 13.
The National Directorate of Employment (NDE) has commenced training of 880 youths in Kano State on its Basic National Open Apprenticeship Scheme (B-NOAS).
Five people who committed crimes in Saudi Arabia as minors have yet to have their death sentences revoked, according to two rights groups, nine months after the kingdom’s Human Rights Commission (HRC) announced an end to capital punishment for juvenile offenders.
The Muslim Rights Concern, MURIC, has called for the sacking of the Catholic Bishop of Sokoto Diocese, Bishop Matthew Kukah, as the Secretary of National Peace Committee chaired by former Head of State, General Abdulsalam Abubakar.
The UK is to close all travel corridors from Monday morning to “protect against the risk of as yet unidentified new strains” of Covid, the PM has said.
Nigeria’s leading airline, Air Peace, has announced the resumption of flights into Dubai via Sharjah commencing from Feb. 5