Markets

Nigerian Stock Exchange NSE

All-Share Index sheds 0.21% as market opens on bearish note

Trading at stock market was bearish yesterday as losses by 20 equities dragged the Nigerian Stock Exchange (NSE) All-Share Index by 0.21 per cent to close lower at 30, 609.06. Similarly, market capitalisation shed N26.5 billion to be at N11.18 trillion.

Experts: Low awareness, threat to green bond investment in Nigeria

Some financial experts on Monday expressed decried the low level of awareness on green bonds investment in Nigeria.
Nigerian Stock Exchange NSE

NSE Index rises by 0.37% after two days downward trends

Activities closed for the week on the Nigerian Stock Exchange on a positive trend following gains recorded by some highly capitalised stocks after two consecutive days losses.
SAHCO

NSE lists 406.07 million SAHCO shares

Skyway Aviation Handling Company Plc (SAHCO), yesterday joined the league of quoted companies as the Nigerian Stock Exchange (NSE) admitted its 406.074million ordinary shares of 50 kobo each at N4.65, raising its market capitalization, at listing, to N6.29 billion.
Nigerian Stock Exchange NSE

NSE index appreciates by 0.34 percent on Dangote Cement gain

The Nigerian Stock Exchange All-Share Index on Tuesday rebounded by 34 per cent following Dangote Cement gain.
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)

Tokyo stocks close lower

Tokyo shares closed lower on Tuesday as uncertainty caused by factors including Brexit and trade tensions weighed on the market, wiping out early gains.
Mary Uduk

SEC: Nigeria’s infrastructure deficit to hit $878 billion by 2040

Securities and Exchange Commission (SEC) says Nigeria’s infrastructure deficit would hit 878 billion dollars by 2040 and called for active utilisation of green bond for infrastructural gap
Huawei Meng Wanzhou

US markets end volatile session in wake of Huawei exec arrest

US stocks clawed back much of the ground they lost in an early plunge triggered by the arrest of a key Chinese Huawei executive at Washington's request.
Meng Wanzhou's arrest has stirred new tensions between the US and China and roiled markets [Alexander Bibik-Reuters]

World markets down after arrest of Huawei executive

Stocks across the globe have fallen sharply joining a global stocks sell-off after the arrest of a key Chinese Huawei executive at Washington's request revived worries over trade tensions.
Mary Uduk

SEC: E-dividend registration will boost liquidity

The Securities and Exchange Commission, SEC, has enjoined more Nigerians to take advantage of the on-going e-dividend registration in a bid to reduce the unclaimed dividends profile as well as increase liquidity in the capital market and the economy.
Nigerian Stock Exchange NSE

Investors’ wealth increases as stock market gains N50 billion

Investors’ in the Nigerian stock market recorded a N50bn increase in their wealth on Wednesday as the market extended its bullish run into the second consecutive day after the rebound on Tuesday.
Nigerian Stock Exchange NSE

NSE investors’ net worth drops by N581bn in November

Investors’ net worth on the Nigerian Stock Exchange dropped by N581bn in November, amid ‘sell pressure’ ahead of the 2019 general elections and Yuletide celebrations.
Nigerian Stock Exchange NSE

Stock market pares losses as investors swoop on banking stocks

The equities market rebounded yesterday after opening the week on the bearish note on Monday due to bargain hunting in banking stocks.
Nigerian Stock Exchange NSE

Stock market gains N77 billion on renewed bargain hunting

Local equities rebounded on resumed bargain hunting activities, overall performance measures, NSE All Share Index (ASI) grew by 0.68 per cent, halting the previous day’s loss.
Mary Uduk

SEC tasks Nigerians to use Green Bonds to tackle infrastructure gap

The Securities and Exchange Commission (SEC) on Tuesday said the nation’s huge infrastructure gap could be addressed with investments in sustainable finance initiatives such as Green Bonds.
Mary Uduk

SEC launches green bonds issuance rules

The Securities and Exchange Commission (SEC) on Monday officially launched the Green Bonds Issuance Rules to support the development of a Non-Sovereign Green Bond market in Nigeria.
A man walks past a stock indicator board of the Tokyo Stock Exchange in Tokyo on December 3, 2018. (Photo by Martin BUREAU - AFP)

Tokyo stocks climb on US-China G20 trade truce

Tokyo shares closed higher Monday, as investors breathed a sigh of relief after the US and China agreed to suspend new tariffs in their escalating trade war.
Nigeria Stock Exchange

Stockbrokers decry low domestic patronage on NSE

The Chartered Institute of Stockbrokers on Friday decried the low level of domestic investors’ patronage in the capital market and urged government at all levels to prioritise capital market development.

Recent Stories

NYSC berates INEC over mistreatment of corps members

The National Youth Service Corps (NYSC) has reacted to the pictures of corps members subjected to inhuman conditions while on election duties in various states, which went viral on the social media platforms.

INEC: Ex-Governor Uduaghan not disqualified from Delta South senatorial elections

The Independent National Electoral Commission (INEC) has broken its silence over a purported judgement by an Abuja High Court nullifying the candidature of the All Progressives Congress (APC) Delta South Senatorial candidate, Emmanuel Eweta Uduaghan.
TIMI ALAIBE

Timi Alaibe: Postponement of elections blessing in disguise

The former Special Adviser to President Goodluck Jonathan on the Niger Delta, Mr. Timi Alaibe, has urged Nigerians to go out and vote on Saturday massively for the Peoples Democratic Party (PDP), despite the inconvenience arising from the postponement of the election by the Independent National Electoral Commission (INEC).

Group demands release of detained Abia N-Power coordinator

Coordinators of the Federal Government’s N-Power programme in the 17 Local Government Areas (LGAs) of Abia have decried the continued detention of the state N-Power Coordinator, Mr Felix Obisike, allegedly by the Department of State Service (DSS) in the state.

Court adjourns Raymond Dokpesi’s N2.1 billion fraud trial to May 9

Justice John Tsoho of a Federal High Court, Abuja, has adjourned the trial of the pioneer Chairman of DAAR Communications Plc, Raymond Dokpesi, to May 9 and 10, 2019 following the absence of his lead counsel, Kanu Agabi, SAN.