Markets

Nigerian Stock Exchange NSE

NSE lists Greenwich Alpha ETF

The Nigerian Stock Exchange (NSE), yesterday, announced the listing of the Greenwich Alpha ETF (Greenwich Alpha) by Greenwich Asset Management Limited, on its Daily Official List. This is even as the Greenwich Alpha ETF units were listed at N100 each following an Initial Public Offer (IPO) on Monday.
Nigerian Stock Exchange NSE

NSE lifts suspension on shares of Universal Insurance

The Nigerian Stock Exchange (NSE) has lifted the suspension placed on the trading on shares of the Universal Insurance Plc.
Nigerian Stock Exchange NSE

Pressure on equities as investors lose N200 billion

Sustained sell-offs in highly capitalised stocks trading on the floor of the Nigerian Stock Exchange (NSE) was the theme this week as investors lost a total of N200 billion Week-on-Week.

Asian stocks fall as global recession fears deepen

Asian stocks stumbled and oil prices extended a punishing sell-off on Thursday as investors feared an historic drop in long-term U.S. bond yields could portend a recession globally.
Nigerian Stock Exchange NSE

NSE: International Breweries, Linkage Assurance, Forte Oil emerge worst performing stocks in July

International Breweries (IB), Linkage Assurance and Forte Oil emerged worst performing stocks in percentage terms on the Nigerian Stock Exchange (NSE) in July.
Nigerian Stock Exchange NSE

Nigerian stocks slump further

The Nigerian stock market took another round of pummelling following the weak state of the economy and as a result of the N157 billion shaved off from the market capitalisation of the Nigerian Stock Exchange (NSE) Week-on-Week (W-o-W).
Intelia

Intelia partners with Nasdaq governance solutions

Intelia, a data-first software company, has announced a new partnership with Nasdaq Governance Solutions, a business of Nasdaq, Inc., to provide its clients with access to Nasdaq Boardvantage®, an award-winning board portal and collaboration software solution.
Nigerian Stock Exchange NSE

Sallah celebration: Market capitalisation sheds N57 billion

Ahead of Sallah celebration, crucial market indicators of the Nigerian Stock Exchange (NSE) on Friday declined further by 0.43 per cent due to profit taking.
Nigerian Stock Exchange NSE

NSE market capitalisation bows to sell pressure, down by N69 billion

Activities on the Nigerian Stock Exchange (NSE) returned to bearish mood on Tuesday following sell pressure in blue chips, forcing the market capitalisation to drop by N69 billion.
Nigerian Stock Exchange NSE

NSE crucial market indices resume trading with 0.14 per cent

The Nigerian Stock Exchange (NSE) crucial market indices resumed trading for the week on Monday with a growth of 0.14 per cent.
A man walks in front of an electronic stock indicator displaying the share price of the Tokyo Stock Exchange in Tokyo on August 5, 2019. – Tokyo stocks closed sharply lower on August 5, weighed down by a strong yen and tracking losses on Wall Street amid US-China trade woes. (Photo by Kazuhiro NOGI / AFP)

Tokyo stocks close sharply lower on strong yen

Tokyo stocks closed sharply lower on Monday, weighed down by a strong yen and tracking losses on Wall Street amid US-China trade woes.
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 stocks drop after Donald Trump announces China tariff hike

Asian stocks fell sharply Friday morning following U.S. President Donald Trump’s announcement that he will hike tariffs on some 300 billion dollars’ worth of Chinese goods to 10 per cent starting on September 1.
Nigerian Stock Exchange NSE

NSE delists First Aluminium Plc’s shares

The Nigerian Stock Exchange (NSE) has announced the delisting of the entire issued share capital of First Aluminium Nigeria Plc.

Airtel Africa posts $796m revenue

As the corporate earnings continue to hold sway in the Nigerian market, Airtel Africa has announced that its revenue increased to $795.9 million from $744.5 million recorded in the corresponding period of 2018.

MTN earns N469 billion from airtime, data, SMS in H1

MTN Nigeria made a total of N469.4bn revenue from sales of airtime, data and Short Messaging Service in the first six months of the year, the 2019 half-year unaudited financial report of the company stated.
Nigerian Stock Exchange NSE

Mixed corporate earnings push NSE ASI down 1.8%

Nigeria’s equity market stretched its bearish run as the benchmark index closed lower by 1.8 per cent Week-on-Week (W-o-W) at 29,918.59 points, hitting over two-year lows as corporate earnings season opened.
Nigerian Stock Exchange NSE

NSE indices resume with 40% loss amid profit taking

Activities on the nation’s bourse opened for the week on Monday on downward posture, with crucial market indices shedding 0.40 per cent.
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 tank, oil prices rise ahead of US rate cut

Asian markets were in retreat Monday on dimming hopes for a deep interest rate cut by the US Federal Reserve, but all the firms on a new tech-focused board in China rallied on its opening day.

Recent Stories

Qatar Airways annual loss widens

Qatar Airways reported a loss of 2.3 billion Qatari riyals or 639 million dollars on Wednesday for the year ended March 31, as it grapples with the second year of an embargo by neighbours that has restricted its air routes and driven costs higher.

Dayo Apata, Ebun-Olu Adegboruwa, 36 others get SAN rank September 23

The Chief Justice of Nigeria, Justice Tanko Muhammad, will on September 23, 2019 swear in 38 lawyers as Senior Advocates of Nigeria.
The Federal Mortgage Bank of Nigeria (FMBN) plans to recapitalise to the tune of N500 billion, its Managing Director, Mr Ahmed Dangiwa, has said.

Federal mortgage bank seeks N500 billion recapitalisation fund

Mr. Umar Dankane, Executive Director, Business Development and Portfolio Management of the Federal Mortgage Bank of Nigeria has said that the bank needs a N500 billion recapitalisation fund for optimal performance.

CBN commences charges on cash deposits

The Central Bank of Nigeria has announced the commencement of charges on deposits in addition to already existing charges on withdrawals.

Nasarawa Assembly approves N5 billion loan for government

Nasarawa State House of Assembly has approved the request of the state government to secure N5 billion bond from the capital market to undertake vital projects across the state.