Markets

DMO to list green bond for easy trading and liquidity

Investors staking their funds in the Federal Government maiden N10.69 billion Green Bond have been assured of liquidity as the Debt Management Office (DMO) said the bond would be listed on the Nigerian Stock Exchange (NSE) and FMDQ OTC Securities Exchange.

Tokyo stocks close lower on strong yen

Tokyo stocks fell Thursday on a stronger yen as investors shifted their focus to the US tax cut plan after digesting the latest US rate hike.

Dollar drops before US federal reserve policy, after Alabama poll

The dollar dropped Wednesday awaiting the outcome of the Federal Reserve's latest policy meeting and after a shock Democrat poll win in a staunchly Republican senate seat fuelled fears about US President Donald Trump's tax cut plans.

Nigerian Stock Exchange market indices record marginal growth of 0.03%

The Nigerian Stock Exchange (NSE) market indices on Tuesday recorded marginal growth of 0.03 per cent after dropping by 0.88 per cent on Monday.

Nigerian Stock Exchange admits Union Bank 51.3m new shares

The Nigerian Stock Exchange (NSE) has admitted an additional volume of 51.3 million ordinary shares of 50 kobo each of Union Bank of Nigeria Plc on the daily official list of the Exchange.

SEC, DMO, others move to deepen capital market

Securities and Exchange Commission (SEC), Debt Management Office (DMO) and other stakeholders have said that for the nation’s capital market to grow, there must be mechanism for efficiency, accountability and transparency across major economy players including the Central Bank of Nigeria (CBN).

Capital market operators seek single license from CBN, SEC

The capital market operators on Sunday called on the Central Bank of Nigeria, CBN, and the Securities and Exchange Commission, SEC, to grant them single dealing license to access discount window.

Nigerian capital market issuances hit N1.55trn in September – SEC

The Securities and Exchange Commission (SEC) on Sunday said that the total value of issuances in the Nigerian capital market amounted to N1.55 trillion in September.

Nestle hits N160 billion market capitalization

Nestle Nigeria on Thursday sustained its growth on the Nigerian Stock Exchange (NSE) as the most priced equity to hit N1,410.08, thereby lifting the market capitalisation by N160 billion.

NSE All-Share Index crosses 39,000 mark

Nigerian Stock Exchange (NSE) All-Share Index on Wednesday crossed 39,000 mark just after the 38,000 mark on Tuesday.

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.

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President Muhammadu Buhari

Senator urges President Buhari to save APC from disintegration

Senator Abu Ibrahim, the Chairman, Board of Trustees (BoT), Council for New Nigeria initiative (CNNi) says President Muhammadu Buhari will preserve his legacy after leaving office if he saves the ruling All Progressives Congress (APC) from disintegration.
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Four killed in India clash ahead of Donald Trump arrival

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Teenager steals N340,000 after hiding in bank’s toilet overnight

A 16-year-old boy, Adekunle Ayomikun, who allegedly hid in the toilet of a bank overnight and stole N340,000 was yesterday, remanded at Special Correctional Centre for boys in Oregun, by a Lagos magistrate’s court sitting in Igbosere.