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Nigerian Stock Exchange NSE

NSE: Trading defies inflation figure, index up 0.90 per cent

The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019.
Nigerian Stock Exchange NSE

Market capitalisation gains N2.22 trillion in seven days

The market capitalisation of the Nigerian Stock Exchange (NSE) rose N2.22 trillion or 17.10 percent in seven trading sessions with the market maintaining an upward trend since the beginning of 2020.
Nigerian Stock Exchange NSE

NSE: Guinness, PZ lowest performing stocks in October

Guinness Nigeria Plc emerged the lowest performing stock on the Nigerian Stock Exchange (NSE) for the month of October in percentage terms.
Closed Nigerian border without any activity

Experts attribute inflation rate rise to border closure

Financial experts on Wednesday attributed rise in inflation rate for the month of September to border closure and the new minimum wage.

MPR retention: Experts predict increase in foreign investors’ participation

Financial experts on Monday expressed optimism that retention of the interest rate by the Monetary Policy Committee (MPC) would likely trigger foreign investors’ participation in emerging Nigerian markets.

Experts: 7.2% VAT will dampen Nigerians’ purchasing power

Some financial experts on Thursday said that Value Added Tax (VAT) increment by the Federal Government would further dampen purchasing power of Nigerians.
Nigerian Stock Exchange NSE

NSE: International Breweries, Linkage Assurance, Forte Oil emerge worst performing stocks in July

International Breweries (IB), Linkage Assurance and Forte Oil emerged worst performing stocks in percentage terms on the Nigerian Stock Exchange (NSE) in July.
Nigerian Stock Exchange NSE

NSE maintains positive posture on low price attraction, quarter end activities

Trading activities on the Nigerian Stock Exchange (NSE) closed northward on Friday, amid quarter end window dressing and low price attraction.

Oando saga: Operators seek federal government intervention, laud SEC’s audit outcome

Capital market operators on Wednesday called for urgent intervention of the Federal Government in the conflict between the Securities and Exchange Commission (SEC) and Oando Plc.

Operators applaud judgment on Mounir Gwarzo reinstatement, task federal government

Some capital market operators on Saturday applauded the industrial court judgment on the reinstatement Malam Mounir Gwarzo as the Director-General of the Securities and Exchange Commission (SEC).

MTN Nigeria lifts trading on NSE, records 10 percent growth second trading day

MTN Nigeria Communications Plc for the second trading day appreciated by 10 per cent due to high demand for the equity on the Nigerian Stock Exchange (NSE).
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

Mix reactions trail SEC’s plan to regulate conduct of AGMs

Stock market operators on Monday expressed mixed reactions to plans by the Securities and Exchange Commission (SEC) to regulate conduct of Annual General Meetings (AGMs) and pre-AGMs.
Nigerian Stock Exchange NSE

NSE market capitalisation drops below N11 trillion mark

Weekly trading on the Nigerian Stock Exchange (NSE) resumed on Monday on bearish note with the market capitalisation dropping below N11 trillion mark amid price loses by some blue chips.
Nigerian Stock Exchange NSE

NSE market capitalisation loses N210 billion

The bears remained on rampage on the Nigerian Stock Exchange (NSE) on Wednesday with the All-Share Index dropping below 30,000 mark due to persistent sell pressure.

Dangote Flour emerges best performing stock on NSE

Dangote Flour led other equities in February on the Nigerian Stock Exchange (NSE) to emerge as the best performing stock, in percentage terms, with 81.66 per cent growth.
Nigerian Stock Exchange NSE

Election: Nigeria stock market loses N85 billion in six hours

The market capitalisation of listed equities on Tuesday shed N85 billion in six hours of trading to what traders attributed to profit taking as a result of the presidential poll.
Nigerian Stock Exchange NSE

Election postponement: Nigeria equity market loses N196 billion in one day

The Nigerian Stock Exchange (NSE) on Monday reacted negatively to sudden election postponement, dropping by N196 billion as predicted by financial experts.
election inec nigeria

Election rescheduling’ll affect inflow of foreign investments – experts

Financial experts on Saturday said the hasty postponement of the general elections by the Independent National Electoral Commission would create uncertainty and affect inflow of foreign investments.

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Beyonce kicks off LA memorial for Kobe Bryant and daughter

Beyonce kicked off a star-studded memorial ceremony in Los Angeles on Monday for basketball great Kobe Bryant and his daughter Gianna who died along with seven others in a helicopter crash last month.
This was disclosed by Vice President, Yemi Osinbajo, who presided over the meeting of PEBEC at the Presidential Villa, Abuja, on Monday.

PEBEC, ICPC collaborate to prosecute corrupt public officials

The Presidential Enabling Business Environment Council (PEBEC) has partnered with the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate and prosecute public officials and civil servants accused of corrupt practices.
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

A policeman was among at least four people killed in New Delhi on Monday during violent clashes over a contentious citizenship law, local media said, hours before US President Donald Trump arrived in the Indian capital for an official visit.

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.