Shares

The National Insurance Commission (NAICOM) on Tuesday released guidelines for the payment of Minimum Paid-up Share Capital by insurance and re-insurance companies in compliance with the first phase recapitalistion directive deadline of Dec. 31.

Shares in French football club Olympique Lyonnais (OL) surged on Monday following Lyon’s surprise victory over Manchester City in the UEFA Champions League to reach the semi-final stages of the tournament.

Gov. AbdulRahman AbdulRazaq of Kwara has set up a 6-man commission of inquiry to investigate the sale and unlawful acquisition of government properties between May 29, 1999 and May 29, 2019.

Shares in South Africa’s Shoprite Holdings shot up over 11% on Monday after it reported higher total sales and said it was considering the sale of all of, or a majority stake in, its Nigerian subsidiary.

Shares in German flagship airline Lufthansa on Monday fell by almost nine per cent in opening trading as plans to save the ailing company from insolvency were questionable by investors critical of a government bailout.

European shares fell on Monday as signs of resurgence in coronavirus cases in Germany and elsewhere unnerved investors who were hoping for a swift economic recovery from the crisis.

The Nigerian Stock Exchange (NSE) recorded a bullish performance on Tuesday with the market capitalisation improving by N58 billion following gains in high capitalised stocks.

The world’s largest streaming service gained 15.8 million paying customers from January through March, bringing its global total to 182.9 million. Netflix had predicted it would add 7 million during the period.

Market shares were on the upswing in Asia on Thursday as investors once again expressed hope that the coronavirus pandemic is nearing its peak.

World stocks gained on Tuesday after Chinese trade data came in better than expected and some countries tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak.

Shares in Italian football giants Juventus surged Monday after the club’s decision to cut their players’ salaries in the midst of the coronavirus pandemic.

In a bid to further deepen the nation’s capital market and enable it provide development capital for medium and small-scale enterprises of the economy, the Securities and Exchange Commission (SEC), at the weekend unveiled an exposure draft of its regulatory framework for crowd funding in the country.

Capitec sought to calm investors on Thursday after its shares sustained heavier losses than other banks in South Africa, forecasting a full-year profit rise of up to 21%.

Shares of Facebook, which have been doggedly crawling their way back from a historic slump after lapses in users’ privacy sparked fears of lower profits, on Friday struck an intra-day record high for the first time in over a year.

Asian shares slipped on Friday, erasing early gains, while gold shone and oil prices spiked after U.S. airstrikes in Iraq killed a top Iranian commander, heightening geopolitical tensions.

Saudi Aramco’s multibillion-dollar share sale, likely the biggest initial public offering (IPO) in history, is officially underway after the company formally announced its plans to list stock on the Kingdom’s stock exchange, the Saudi Tadawul.

Twitter shares skidded Thursday as a quarterly update showed weaker-than-expected growth for the messaging platform.

Asian shares inched up on Tuesday, with Chinese shares making decent gains after a week-long holiday, though investors remained cautious over U.S.-China trade talks after President Donald Trump said a quick deal was unlikely.