The Securities and Exchange Commission has announced that the second Capital Market Committee meeting of the year will hold this week. SEC, in a statement on Sunday, said issues bordering on the implementation of the 10-year Capital Market Master Plan as well as others relating to the capital market and the economy would be discussed […]
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The Nigerian Stock Exchange (NSE) on Thursday, June 1, 2017, organised a media launch for X-Academy, a knowledge-platform designed to provide education services to individuals for better understanding of various aspects of the capital markets. Speaking at the media launch, Mr. Oscar N. Onyema, OON, Chief Executive Officer, said “X-Academy would help in strengthening financial […]
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The Nigeria Stock Exchange (NSE) recorded appreciable growth last week with the market indices rising by 7.46 per cent. The volume and value of shares traded also rose by 183.48 per cent and 175.29 per cent, respectively. Specifically, the All-Share Index appreciated by 1,956.83 points or 7.46 per cent to close at 28,192.46 against 26,235.63 […]
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The famous slogan by President Muhammadu Buhari, “If we don’t kill corruption this corruption will kill us,” which gained traction during the political hustings in the run up to the 2015 general election, is the premise upon which the anti-corruption war of the current administration is being fought. Which is just as well. Expectedly, one […]
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A financial expert, Alhaji Rasheed Yussuf, on Wednesday advised the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to re-introduce margin loans in the capital market. Yussuf, a former President, Association of Stock-broking Houses of Nigeria (ASHON), gave the advice in an interview with the News Agency of Nigeria in Lagos. […]
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Analysts in the country’s capital market foresee a stable equities and fixed income markets this week given last week’s market activities. The Nigerian Stock Exchange All-Share Index would have closed lower last week but for the surge in Nigerian Breweries Plc’s stocks late in Friday’s session. Analysts at Vetiva Capital Management Limited said, “We believe […]
Read More [T]he market capitalisation of the Nigerian Stock Exchange depreciated by N152bn in the month of April. This means that the value of shares held by investors in the various companies quoted on the Exchange declined by that amount. The market capitalisation, which was N8.773tn as of April 1, 2016, fell to N8.621tn on the last […]
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A stockbroking firm and member of Stanbic IBTC Holdings Plc, Stanbic IBTC Stockbrokers Limited, says there is a need to further deepen the Nigerian capital market with a view to providing investors with real-time trading information. This, according to the firm, informed the launch of its online stockbroking service on the Nigerian Stock Exchange with […]
Read More NIGERIAN capital market has lost over N5.97tn from July 2014 to date, the Chief Executive Officer, Nigerian Stock Exchange, Mr. Oscar Onyema, has said. He also said 2016 would be a challenging year for the capital market and the Nigerian economy at large. Onyema disclosed this at the NSE 2015 Market Recap and Outlook for […]
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