Markets

Nigerian Stock Exchange capitalisation improves by N66 billion

Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday on a bullish trend with the market capitalisation appreciating by N66 billion.

SEC urges shareholders to key into capital market initiatives

The Securities and Exchange Commission (SEC) has enjoined all shareholders to take advantage of the initiatives introduced in the capital market aimed primarily at strengthening the market and accelerating economic development.

2018 Budget: SEC predicts gains for capital market

The Securities and Exchange Commission (SEC) has reacted to the 2018 budget estimate presented to the National Assembly by President Muhammadu Buhari in Abuja Tuesday, noting that its implementation would boost the capital market.

NSE market capitalisation improves by N24bn

Transactions on the Nigerian Stock Exchange (NSE) ended on the upbeat on Friday with the market capitalisation improving by N24 billion following marginal gains by some blue chips.

NSE All-Share Index drops by 0.24 percent

Activities on the Nigerian Stock Exchange (NSE) nosedived on Thursday with the All-Share Index dropping by 0.24 per cent amid profit taking.

Tokyo ends down after sharp reverse as Asia markets mostly slip

Japanese stocks ended the day in the red as it suffered a sharp reverse in afternoon trade after hitting fresh 26-year highs, with most other Asian markets also falling.

Nigerian Stock Exchange market capitalisation rises by N29bn

The market capitalisation of Nigerian Stock Exchange (NSE) rose by N29 billion on Tuesday following rekindled investors’ confidence.

Saudi stocks drop after corruption probe detains businessmen, officials

Saudi Arabia’s stock market fell in early trade on Sunday after Crown Prince Mohammed bin Salman moved to consolidate his power and crack down on corruption with a cabinet reshuffle and a string of detentions of prominent figures.

Donald Trump urges Saudi Aramco listing in US

President Donald Trump has urged Saudi Arabia to list the state-owned oil giant Aramco in the United States stock exchange market.

NSE All-Share Index sustains positive growth

Activities on the Nigerian Stock Exchange (NSE) on Tuesday sustained bullish trend for the second consecutive day, with major equities recording price growth led by Nestle.

NSE turnover volume drops by 29.69 per cent

Investors on the Nigerian Stock Exchange (NSE) on Friday traded 250.89 million shares valued at N3.01 billion exchanged in 3,968 deals.

Q3: FBN Holdings’ profit increase by 141.29 per cent

FBN Holdings has recorded an impressive result for the third quarter ended Sept. 30, 2017 as its profit increased to N16.07 billion representing 141.29 per cent.

Oando keeps mum as NSE places shares on technical suspension

The Nigerian Stock Exchange, NSE, on Monday placed shares of Oando Plc on technical suspension.

Nigerian Stock Exchange partially lifts suspension on Oando’s shares

The Nigerian Stock Exchange (NSE) says it has partially lifted the suspension placed on shares belonging to Oando Plc.

Johannesburg Stock Exchange suspends Oando shares

The Johannesburg Stock Exchange on Thursday suspended trading in the shares of Nigeria’s oil company, Oando Plc.

Unilever takes hit from hurricanes, strong euro

Unilever, the Anglo-Dutch food and consumer products giant, said Thursday that sales were down in the third quarter, hit by the strong euro and economic fallout from the hurricanes in the United States.

Strong IBM earnings lift Dow above 23,000 points

The Dow jumped above 23,000 points early Wednesday, boosted by IBM, which surged after it reported growth in key cloud computing and artificial intelligence businesses.

Why we suspended trading of Oando shares – NSE

The Nigerian Stock Exchange, NSE, on Wednesday clarified the suspension of trading in the shares of Oando plc for two days.

Recent Stories

Tottenham have re-signed goalkeeper Michel Vorm on a deal until the end of the season to cover for the injured Hugo Lloris.

Tottenham re-sign Michel Vorm to cover Hugo Lloris absence

Tottenham have re-signed goalkeeper Michel Vorm on a deal until the end of the season to cover for the injured Hugo Lloris.

Igbo leaders meet President Buhari on Thursday

South East Governors Forum have resolved to meet with President Muhammad Buhari on Thursday over the welfare of Ndigbo.
Sports Minister Sunday Dare (middle) at the National Stadium Lagos

Tokyo Olympics: Athletes to be camped for five months – minister

Ahead of the preparations toward the Tokyo 2020 Olympics, the Minister of Youths and Sports Development, Sunday Dare, on Monday assured athletes that he would ensure a minimum of five months camping.
Governor Seyi Makinde

Oyo government imposes fees on transfer from private to public schools

Oyo State Government has imposed fees on the transfer of students from private to government owned schools, pointing out that the costs were meant to offset administration procedures.

NIMMME: How Nigeria can generate $292 billion with Iron Ore, lead reserves

The Nigerian Institution of Metallurgical Mining and Materials Engineers (NIMMME) has said with available reserves of Iron Ore and lead, asides other resources, the nation can generate $292 billion.