Markets

Federal workers back govt on suspension of SEC chief Mounir Gwarzo

Federal workers under the auspices of the Association of Senior Civil Servants of Nigeria on Wednesday thrown its weight behind the Federal government over the suspension of Mr Mounir Gwarzo as Director-General Securities and Exchange Commission.

Nigerian Stock Exchange website ranked best in Africa

The Nigerian Stock Exchange (NSE) website has been ranked as the highest stock exchange website in Africa.

Shareholders task acting SEC chief on market integrity

Shareholders on the Nigerian capital market on Wednesday urged the newly appointed Director-General of the Securities and Exchange Commission (SEC), Abdul Zubair, to step up measures aimed at safeguarding market integrity.

Tokyo stocks open lower after Wall Street retreat

Tokyo stocks opened lower on Wednesday following a retreat on Wall Street and weak US economic data.

NSE opens December trading with marginal growth of 0.08 percent

The market indices of the Nigerian Stock Exchange opened for the first trading day in December after a public holiday with marginal growth of 0.08 per cent.

Foresight, key to developing African financial market – Oscar Onyema

The President, African Securities Exchanges Association, Mr. Oscar Onyema, says the African financial market lacked foresight and will need to be proactive to develop the continent’s market and create the required opportunities.

Mounir Gwarzo’s suspension won’t affect our regulatory effectiveness – SEC

The Securities and Exchange Commission on Sunday said it would not allow the suspension of its Director-General, Mounir Gwarzo, to affect its regulatory effectiveness.

Abdul Zubair appointed as acting SEC chief

The Federal Government of Nigeria has appointed Dr Abdul Zubair, the acting Director General of the Securities and Exchange Commission (SEC) with immediate effect. He was before the appointment, the Director in charge of External Relations in the Commission.

NSE chief Oscar Onyema restates commitment to financial literacy among youths

The Nigerian Stock Exchange (NSE) is committed to developing a culture of wealth creation among young Nigerians toward building a financially savvy generation.

EFCC investigates suspended SEC chief Mounir Gwarzo

The suspended director-general of the Securities and Exchange Commission, Mounir Gwarzo, is facing at least two enquiries over his role as helmsman of the commission since 2015.

NSE market capitalisation improves by N89 billion

Market capitalisation on the Nigerian Stock Exchange (NSE) on Tuesday increased by N89 billion amid gains recorded by some highly capitalised equities.

NSE trading resumes on negative trend, ASI drops by 0.31%

Activities reopened on the Nigerian Stock Exchange (NSE) on Monday on a negative trend, with the All-Share Index shedding 0.31 per cent.

NSE All-Share Index will grow by 40% in 2017 – operators

Some capital market operators on Monday predicted that the Nigerian Stock Exchange (NSE) All-Share Index would likely close 2017 with over 40 per cent growth.

Federal govt allots N256.23 million in November savings bond sales

The Federal Government allotted N256.23 million in its November, 2019 and 2020 savings bond sales, according to the Debt Management Office (DMO).

Robert Mugabe’s woes wipe out billions of dollars from Zimbabwe’s volatile stocks

Investors dumped Zimbabwe stocks since the military seized power in the country on November 15 making the stock market to shed nearly a third of its value in a week.

Profit taking: NSE market capitalisation nosedives by N67 billion

Transactions on the nation’s bourse ended on a downward trend on Tuesday with major blue chips posting price losses.

Zimbabwe stock exchange loses further ground amid anxiety and hope

The Zimbabwe Stock Exchange lost further ground on Friday as investors speculated on chances that bank balances, which have been losing value against real US dollars for the better part of the year, could strengthen in the wake of a potential new dispensation in the country’s political arena.

NSE market indicators sustain growth by 0.19 percent

Trading on the Nigerian Stock Exchange (NSE) maintained its positive trend on Friday with the market indicators appreciating further by 0.19 per cent.

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Kogi impeachment: CDNDC urges NASS, CJN to act fast, intervene

After 24 hours of impeachment of Deputy Governor of Kogi State, Simon Achuba, by the Kogi State House of Assembly, the Coalition in Defence of Nigerian Democracy and Constitution, CDNDC, Sunday, urged the National Assembly and the Chief Justice of Nigeria, CJN, to act fast and intervene.