Markets

The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Transactions close flat on NSE

Trading at the nation’s bourse closed flat on Wednesday with the All-Share Index (ASI), which opened at 24,174.45, closing at 24,173.53.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE sustains negative sentiment, ASI down 0.39 per cent

Activities on the Nigerian Stock Exchange (NSE) on Tuesday maintained negative sentiment, with the All-Share Index (ASI) declining further by 0.39 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria’s stock market opens week with N55 billion loss

The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in some blue chips.
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 markets rise on fresh vaccine hopes, eyes on earnings

Asian markets rose Monday, recovering some of the losses at the end of last week, as investors followed a strong performance on Wall Street fuelled by hopes for a coronavirus vaccine, though a spike in infections around the world capped gains.

SEC, NITDA to collaborate on data protection in capital market

The Securities and Exchange Commission (SEC) has restated its preparedness to collaborate with the National Information Technology Development Agency (NITDA) to foster safe conducts and usage of personal data in the Nigerian capital market.
Basel Roger Federer

Roger Federer backed sports shoe maker On preparing for IPO, Swiss paper says

Swiss sports shoe maker On, partly owned by tennis champion Roger Federer, is in the early stages of preparing for a stock exchange listing in summer or autumn of next year, newspaper NZZ am Sonntag reported.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Equities market decline marginally by 0.01 per cent

Sentiments in the local bourse weakened leaving the All Share Index (ASI) of the Nigerian Stock Exchange (NSE) at 24,276.56 basis points on Thursday, having declined marginally by 0.01per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria Stock Exchange warns investors on shares of 13 firms

The Nigerian Stock Exchange (NSE) has urged investors to trade with caution on the shares of 13 companies for failing to submit financial statements without any explanation.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Market indicators rise further 0.75 percent

Activities on the Nigerian Stock Exchange (NSE) on Wednesday extended gaining streak, with indices rising by 0.75 per cent on renewed investors’ interest.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE donates 3,800 face masks to Edo government

The Nigeria Stock Exchange (NSE), on Wednesday in Benin donated 3,800 face masks to Edo government to help the fight against COVID-19 pandemic in the state.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation opens week with N162 billion loss

The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a loss of N162 billion in a day.
The Director General of the Securities and Exchange Commission, SEC, Lamido Yuguda, has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond.

New SEC chief Lamido Yuguda assumes office

The Director General of the Securities and Exchange Commission, SEC, Lamido Yuguda, has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stocks down by N1.14 trillion in first half

Nigerian stocks closed the first half down with average loss of 8.80 per cent, equivalent to net capital depreciation of N1.14 trillion as investors struggled with a threesome of domestic macroeconomic uncertainties, global decline in crude oil price and trade wars and the ravaging COVID-19 pandemic.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation rebounds by N107 billion

Transactions rebounded on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation increasing by N107 billion, after days of bearish trend.
A pedestrian walks past a stock indicator board displaying share prices of the Tokyo Stock Exchange in Tokyo on January 7, 2019. – Tokyo stocks closed up more than two percent on January 7, 2019, after European and US markets roared last week on strong US data and dovish comments from the US Federal Reserve. (Photo by Behrouz MEHRI / AFP)

Tokyo stocks gain in morning, tracking overnight US tech rally

Tokyo stocks were higher Tuesday morning, as investor sentiment was bolstered by the United States technology shares rising overnight sending the Nasdaq Composite Index to a record high.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE upgrades data portal to improve market access

The Nigerian Stock Exchange (NSE) on Monday announced the upgrade of its Data Portal (X-DataPortal) to revamp and improve market accessibility for subscribers.
Scandal-hit Wirecard lost 72 per cent in market valuate over the past week.

European shares fall as fears of new virus wave grip investors

European shares fell on Monday as signs of resurgence in coronavirus cases in Germany and elsewhere unnerved investors who were hoping for a swift economic recovery from the crisis.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock market opens week with N119 billion loss

Nigerian equities market resumed trading on Monday with a loss of 0.91 per cent as a result of profit taking in some blue chips.

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Import duty rises 6% as Nigeria Customs begins application of new exchange rate

Importers and their agents have said that a 5.0 per cent increase is now effected in duty payable on all imports following the implementation of the new exchange rate by the Nigeria Customs Service, NCS.