Guinness Nigeria Plc emerged the lowest performing stock on the Nigerian Stock Exchange (NSE) for the month of October in percentage terms.
Saudi Aramco said Sunday it will list on the Riyadh stock exchange in what could be the world’s largest IPO, underpinning Crown Prince Mohammed bin Salman’s ambitions to overhaul the kingdom’s oil-reliant economy.
The decision by the Central Bank of Nigeria (CBN) to restrict individuals and local firms, non-bank financial institutions inclusive, from investing in its open market operations (OMO) auctions may end up providing a welcome boost to one of the world’s worst-performing stock markets, the Nigerian Stock Exchange (NSE).
The African Development Bank (AfDB) said it was willing to assist Nigeria develop its aviation sector road map put together in 2012.
The capital market stakeholders have called on Securities and Exchange Commission, Nigerian Stock Exchange and other stakeholders to formulate strategies that would boost local participation in the nation’s bourse.
The Nigerian Stock Exchange on Wednesday, recorded second gain in October with the market capitalisation increasing by N15 billion.
Some financial experts on Monday attributed the incessant lull on the Nigerian Stock Exchange (NSE) to various economic dislocations in the country.
The Nigerian Stock Exchange (NSE) has listed the Federal Government of Nigerian (FGN) N15 billion Green Bond. The bond has a coupon rate of 14.50 per cent on June 13, 2019 and is due to mature on June 13, 2026.
Asian shares inched up on Tuesday, with Chinese shares making decent gains after a week-long holiday, though investors remained cautious over U.S.-China trade talks after President Donald Trump said a quick deal was unlikely.
Activities on the nation’s bourse resumed for the week on Monday still on negative territory with crucial market indicators dropping further by 0.45 per cent.
Acting Executive Commissioner Operations, SEC, Mr. Isyaku Tilde, stated this at the weekend at the engagement session with Association of Issuing Houses, Trustees and Solicitors on the commencement of checklist review.
Nigerian equities continued on the downward trend yesterday as increased selloffs across the sectors pushed the overall market to a net loss of N112 billion. With the decline yesterday, quoted equities have lost N265 billion in the past two trading sessions.
Chairman of Presidential Advisory Committee on Anti-Corruption (PACA), Prof. Itse Sagay, on Thursday applauded the leadership of the ninth Senate for its commitment to service of the country.
President of the Senate, Ahmad Lawan, on Thursday said the Senate is yet to receive any formal request from President Muhammadu Buhari for confirmation of the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu.
The new Commissioner of Police deployed to the Edo State Police Command, CP Lawal Tanko Jimeta, yesterday, said he would be firm in carrying out his duty in order to ensure the safety of lives and property of the citizens of the state.
Mr Chidi Izuwah, the Director-General, Infrastructure Concession Regulatory Commission (ICRC) has said that the Federal Government approved Public-Private Partnership (PPP) projects worth eight billion dollars between 2010 and 2018.
The National Economic Council, NEC, yesterday resolved to review the status of the ownership structure of the power distribution companies in the country.
Assailants in DR Congo have killed 14 civilians in revenge for army offensives against Ugandan rebel strongholds in the east of the country, a local official said on Saturday.
Power generation companies (GenCos) on Sunday threatened to shut down their production should the Federal Government refuse to disburse N600 billion intervention to them.
Two additional advisers will testify Thursday as the U.S. House of Representatives holds a marathon week of public hearings on the impeachment inquiry into President Donald Trump.
Enyimba produced a complete performance against Visiting Akwa United in one of the matchday three of the 2019/2020 Nigeria Professional Football League season.
Manchester City winger Sterling was dropped for England’s qualifying win over Montenegro on Thursday night following his angry confrontation of Liverpool defender Gomez earlier this week, tensions from the huge meeting between their respective clubs in the Premier League last weekend spilling over into the international break.