NSE market capitalisation drops by N116bn

Nigerian equity market for the fifth consecutive day extended down trend with the market capitalisation losing N116 billion due to price loses posted by...

34 stocks edge up market capitalisation by N69 billion

Nigerian Stock Exchange’s market capitalisation appreciated by N69 billionn as 34 stock recorded gains at the close of trading on Wednesday. The market capitalisation rose...

NESG suggests foreign investors need clarity on FX policy

The Nigerian Economic Summit Group, a private sector think-tank and policy advocacy group, has said clarity on the nation’s foreign exchange policy is necessary...

FGNSB get listed on Stock Exchange

As part of the Federal Government’s efforts to mobilise funds locally to fund its budget deficit, the Nigerian Stock Exchange (NSE) yesterday approved the...

NSE: Investors dump banks’ shares on CBN’s suspension

Activities at the Nigerian Stock Exchange (NSE), on Wednesday witnessed massive investors’ dumping of banks shares, following the Central Bank of Nigeria suspension of...

CBN to injects $195 million into FX market

The Central Bank of Nigeria (CBN) yesterday said it will inject $195 million comprising of $150 million for the wholesale auction and $45 million...

Stock index rises by 2.23%, 17 gainers emerge

Activities at the Nigerian Stock Exchange closed on a positive note on Tuesday as 17 stocks gained, boosting the NSE All-Share Index by 2.23...

SEC clears NAHCO over corporate governance allegation

Nigeria’s securities market apex regulator, the Securities and Exchange Commission has cleared Nigerian Aviation Handling Company (NAHCO), its board and management of culpability with...

BDCs meet today, to pressure FX rate operators

Directors of over 3,000 Bureaux De Change operators will today hold a special meeting aimed at taking strategic decisions to force down the exchange...

SEC, NSE retract licences of 21 stockbrokers’ over fraud

Securities and Exchange Commission (SEC) and Nigerian Stock Exchange (NSE) have retracted licences of 21 firms for various infractions, including inability to meet minimum...

Equities market shed $39 billion as MPC retains rates

The Nigerian equities market shed N39bn on Tuesday as the Monetary Policy Committee of the Central bank of Nigeria kept the main interest rate...

Nigeria Equities sustain rally with N32 billion gain

Nigerian equities continued on the uptrend for the fourth consecutive trading session as fund managers continued to re-balance their portfolios for the year-end. Today...

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