Markets

NSE market capitalisation increases by N208bn

Transactions sustained positive trend on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation growing by N208 billion amid gains by cement, banking and consumer goods stocks.

MTN wants electronic listing, reopens talks with SEC

The Securities and Exchange Commission has resumed talks with MTN Nigeria over the telco’s planned listing on the floor of the Nigerian Stock Exchange.

SEC in discussion with MTN over listing on NSE – official

The Securities and Exchange Commission, SEC, has opened discussions with MTN to ensure successful electronic listing of the telecoms company on the Nigerian Stock Exchange (NSE).

Kenyatta’s victory revives Kenya stock market

Kenya’s main stock index rose 2.51 per cent on Monday to a 14-month high, building on gains last week as investors welcomed the re-election of President Uhuru Kenyatta.

Markets slide, dollar slumps as North Korea fears spike

Asian equities extended heavy losses Friday as a worldwide sell-off triggered by US President Donald Trump doubling down on his North Korea rhetoric showed no sign of abating.

Nigerian equity market down by 0.11 per cent

The Nigerian Stock Exchange (NSE) on Thursday recorded the first loss in the month of August with the market indices dropping by 0.11 per cent due to profit taking.

Experts explain growth in Nigerian stock market

Some financial experts on Thursday attributed the ongoing rally on the Nigerian Stock Exchange (NSE) to renewed foreign inflow and portfolio rebalancing on the strength of second quarter results.

Market maintains positive streak, records 42% year-to-date growth

The Nigerian stock market maintained its positive performance wednesday, surging further to record a year-to-date growth of 41.9 per cent.

Dollar slumps, Tokyo tanks as North Korea tensions spike

The Nikkei slumped to its lowest close for almost three months Wednesday, leading an Asia-wide sell-off sparked by President Donald Trump's apocalyptic warning over North Korea's weapons programme.

NSE market capitalisation hits N13 trillion mark

The Nigerian Stock Exchange market capitalisation on Tuesday hit the N13tn mark, barely three weeks it crossed N12tn market, amid Nestle gain.

Trading resumes on positive trend, index increases 0.27 per cent

Trading activities resumed for the week on Monday still on a positive mood with the All-Share Index improving by 0.27 per cent.

Deals on NSE hit N97.08bn in July

A monthly data obtained by NAN from the NSE showed that the turnover increased by 12.32 per cent when compared with 7.71 billion shares worth N77. 92 billion traded in 100,895 in June.

NSE: Investors trade 515.48m shares worth N6.30bn

Investors on Friday transacted 515.48 million shares valued at N6.30 billion in 4,132 deals on the floor of the Nigerian Stock Exchange (NSE).

Nigeria moves closer to single Naira rate

Nigeria took a step to unify its multiple exchange rates by allowing banks to use a currency window for investors when quoting the naira rather than the official rate. The naira weakened on the interbank market.

Nigeria equity market indices rallied further by 0.62 per cent

Some blue chips recorded further gains on the Nigerian Stock Exchange (NSE) on Thursday resulting in 0.62 per cent growth posted by market indicators.

Stocks gain 37.32% year-to-date

The bourse closed up for the second day running as the Nigerian Stock Exchange All-Share Index advanced by 0.50 per cent, bringing the year-to-date return to 37.32 per cent.

Recent Stories

Both Governor Simon Lalong and Senator Gyang have noted that the purported invitation for the turbaning of one Alhaji Samaila Abdullahi as Sarkin Kerana is a threat to the peaceful coexistence of the people of the North-Central State.

#EndSARS: Plateau governor relaxes curfew imposed on Jos South, Jos North

Gov. Simon Lalong of Plateau has relaxed the 24-hour curfew earlier imposed on Jos South and Jos North local government areas with effect from Oct. 23.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Imo: Police begins total enforcement of curfew

The State Commissioner of Police, Isaac Akinmoyede, made this known to newsmen in Owerri.
Sen. George Akume, Minister of Special Duties and Intergovernmental Affairs made the call at the formal inaugural ceremony of eight members of the Governing Board of the NNMA on Friday in Abuja.

Minister urges youths not lose hope over Nigeria

Sen. George Akume, the Minister of Special Duties and Intergovernmental Affairs, has urged the youth not to lose hope over Nigeria as no country in the world is immune to challenges.
The Nigerian Economic Summit Group (NESG) has confirmed that dialogue in national transformation at this year’s economic summit will focus on job creation, youth empowerment and entrepreneurship.

#EndSARS: Nigeria Economic Summit postponed indefinitely

The Nigeria Economic Summit Group (NESG) has announced indefinite postponement of its 26th summit which was scheduled to hold on Oct. 26 and 27.
The Police Command in Plateau has arrested 16 suspects over kidnapping, armed robbery, culpable homicide and unlawful possession of firearms.

Inmates set Warri prison on fire, as army, police take over security

Inmates of the Warri correctional centre on Okere road, Warri south local government area, Delta state Thursday set some buildings inside the place on fire.