Markets

To deepen its investor education programme, the Securities and Exchange Commission (SEC) has lined up series of enlightenment programmes for the Nigerian Army Ordnance Corps.

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 Nigerian Stock Exchange (NSE) has announced the commencement of the 2019 edition of the NSE Essay Competition.

The Nigerian Stock Exchange (NSE) on Thursday announced the commencement of entry period for the 2019 edition its annual NSE Essay Competition.

Authorities at the Nigerian Stock Exchange (NSE) on Thursday lifted suspension placed on trading on the shares of Royal Exchange Plc after the insurance-based holding group submitted its audited report and accounts.

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.

The Nigerian Stock Exchange has delisted the shares of defunct Skye Bank Plc and Fortis Microfinance Bank Plc from the daily official list of the Exchange.

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 Nigerian Stock Exchange (NSE) market indices shed 0.21 per cent due to loses in some blue chips.