Markets

Nigerian Stock Exchange NSE

NSE: Capitalisation gains N229 billion, fueled by 2018 earnings

The indices of the Nigerian Stock Exchange maintained a positive trend on Thursday with the market capitalisation gaining N229 billion in one day, ahead of 2018 earnings season.

Tokyo stocks end lower despite soaring Softbank Group

Tokyo stocks closed lower on Thursday despite a stellar performance from telecoms and investment firm Softbank Group, which shot up nearly 18 percent after a huge buyback of its shares.
Nigerian Stock Exchange NSE

NSE: Activities resume northward, indices up by 0.35 per cent

Activities on the Nigerian Stock Exchange opened for the week northward on Monday appreciating by 0.35 per cent with 16 price gainers and 20 losers.
A trader laughs ahead of the closing bell on the floor of the New York Stock Exchange (NYSE) on February 1, 2019 in New York City. – Wall Street stocks concluded another strong week with a nearly flat session on Friday, February 1, 2019, pausing from a heady January following strong jobs data and mixed earnings. Analysts said the rally that had propelled stocks since late December and produced the Dow’s best January in 30 years was showing signs of fatigue. (Photo by Johannes EISELE / AFP)

Global stocks mostly rise after strong US jobs data

Global stocks mostly rose Friday following strong US jobs data, though Wall Street’s rally showed signs of fatigue after the Dow finished its best January in 30 years.
Nigerian Stock Exchange NSE

Nigerian bourse records 0.26 per cent growth on first trading day in February

Activities on the nation’s bourse opened for the month of February on Friday with a growth of 0.26 per cent, halting four consecutive days’ bearish run.
A man walks in front of a stock indicator board showing share prices of the Tokyo Stock Exchange in Tokyo on December 10, 2018. (Photo by Kazuhiro NOGI - AFP)

Asian shares go flat as China data disappoints

Asian shares crept back from four-month highs on Friday as a dismal survey on Chinese factory activity dulled optimism about the prospects for a Sino-U.S. deal on tariffs.
A pedestrian walks past a stock indicator showing share prices of the Tokyo Stock Exchange in Tokyo on August 14, 2018.Tokyo’s benchmark Nikkei index surged more than 2.2 percent August 14, swiftly recovering from the previous day’s losses, with investors encouraged by an apparent hiatus in the Turkey lira crisis. / AFP PHOTO / Kazuhiro NOGI

Tokyo shares close up more than 1% on dovish Fed

Tokyo shares gained more than one percent Thursday following overnight rallies on Wall Street, as the US Federal Reserve voiced a cautious stance about future rate hikes.

DMO: N150 billion federal government bond oversubscribed

The Debt Management Office (DMO) on has disclosed that the first N150 billion FGN bond auction for 2019 offered in three instruments was oversubscribed.
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 shares close slightly higher

Tokyo shares closed marginally higher on Tuesday after being dragged down by worries about the Chinese economy amid trade tensions with the United States.
A pedestrian walks past a stock indicator board for the Tokyo Stock Exchange in Tokyo on October 23, 2018. - Tokyo stocks dropped sharply on October 23 morning trade with investors concerned by an array of geopolitical risks and cautious ahead of corporate earnings season. (Photo by Behrouz MEHRI / AFP)

Tokyo stocks open lower on earnings-season caution

Tokyo stocks opened lower on Monday as investors braced for corporate results by major companies.
Nigerian Stock Exchange NSE

NSE sustains positive outlook, indices up 1.41 parcent

Trading activities on the Nigerian Stock Exchange (NSE) remained positive on Friday, with Total Oil leading the gainers’ table for the day.

NSE chief urges higher governance standards

The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Oscar Onyema, has called on African businesses to embrace higher governance standards to facilitate the inflow of funds needed to position the continent to leverage gains of the Fourth Industrial Revolution (4IR).
Nigerian Stock Exchange NSE

NSE, Afrinvest launch factor equity indices to optimise investors’ returns

The Nigerian Stock Exchange (NSE) and Afrinvest Securities Limited (ASL), a capital market research and securities execution platform, have announced the launch of two new factor indices to optimise investors’ return.
Mary Uduk

SEC restates commitment to attract investors, boost economy

The Securities and Exchange Commission has restated its commitment to partner with relevant government agencies and the private sector to attract more investments to the country.

Official: Heritage Bank to list on stock exchange soon

Ifie Sekibo, managing director and chief executive officer of Heritage Bank, says the bank will soon be listed on the Nigerian Stock Exchange (NSE).
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’s stocks close down on rising yen, Huawei worry

Tokyo stocks closed lower Thursday, weighed down by a firming yen, but banking shares gained to provide some support for the overall market.
Nigerian Stock Exchange NSE

Federal government raised N1.16 trillion from NSE to finance projects in 2018

The Nigerian Stock Exchange on Monday said the Federal Government raised N1.16trn from the nation’s bourse in 2018 to finance fiscal and infrastructure deficits.

Shareholders task SEC on minority investors’ protection

Shareholders have urged the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) to introduce policies that would enhance minority shareholders’ protection in 2019.

Recent Stories

Supplementary polls: Nigerian Army warns against violence in Sokoto

Ahead of Saturday’s supplementary polls to conclude the governorship elections in Sokoto state, the Nigerian Army on Thursday, expressed readiness to check all forms of lawlessness during the exercise.

FIFA bans ex-football chief for life

FIFA on Thursday slapped a lifetime ban on the disgraced former head of Ecuador’s football federation, Luis Chiriboga, after finding him guilty of taking bribes.
National Open University of Nigeria (NOUN)

NOUN denies paying ex-President Obasanjo as facilitator

The National Open University of Nigeria (NOUN) says it has never made any payment to former President, Chief Olusegun Obasanjo, for services he renders to the institution as one of its facilitators.

Murder: Lawyer asks court to reject her confessional statement

Justice Adedayo Akintoye will on April 11 rule whether or not to conduct a trial-within-trial on the confessional statement made by a female lawyer, Udeme Otike-Odibi, standing trial for the murder of her lawyer-husband, Symphorosa Odibi.
Nigeria Police

Police launch manhunt for killers of NYSC members in Bayelsa

The Police in Bayelsa has launched a manhunt for the killers of two National Youth Service Corps (NYSC) members in the state.