Markets

Markets

NSE commemorates Axxela debut bond listing of N11.5bn

Iheanyi Nwachukwu Jul 17, 2020

Axxela Limited has joined the register of companies to successfully raise capital on the floor of the Nigerian Stock Exchange...

Markets

Nigeria's stock investors lost N11bn in one week

Iheanyi Nwachukwu Jul 17, 2020

Nigeria’s stock investors booked about N11billion loss in the remote trading week ended Friday July 17 amid a mix of...

Markets

DBN says credit guarantee key to deepening MSME's access to finance

Cynthia Egboboh Jul 16, 2020

Industry experts have identified the Credit Guarantees Schemes (CGS) as popular policy instruments that would help alleviate the credit constraints faced...

Markets

Naira weakens against dollar as FX turnover rises by 445.9%

Hope Moses-Ashike Jul 16, 2020

Nigeria’s currency on Thursday weakened against the dollar across all foreign exchange markets as liquidity squeeze persisted. At the Investors...

Markets

Stock market gains over N100bn as investors hunt for value

Iheanyi Nwachukwu Jul 16, 2020

Investors in Nigeria’s stock market booked about N104billion gain at the close of trading session on Thursday July 16, 2020....

Markets

Chartered Institute of Stockbrokers inaugurates seven committees for optimal performance 

Iheanyi Nwachukwu Jul 16, 2020

In pursuit of its strategic plan to strengthen operation and ensure adherence to highest standard of corporate governance, the Chartered...

Markets

Monitoring Group out with its recommendations to strengthen international audit, ethics standard-setting system

Iheanyi Nwachukwu Jul 16, 2020

The Monitoring Group (MG) has published its recommendations to strengthening the international audit and ethics standard-setting system. The Monitoring Group...

Markets

Nigeria’s economy in H2-2020: Can stimulus packages prevent a recession?

Iheanyi Nwachukwu Jul 16, 2020

In response to the COVID-19 pandemic, the FG and CBN have announced some stimulus packages aimed at easing the overall...

Markets

NSE simplifies investing in capital market

Iheanyi Nwachukwu Jul 16, 2020

The proliferation of dubious investment schemes that often result in loss of money by unsuspecting members of the public continues...

Markets

Naira weakens at I&E window as turnover rises by 44.93%

Hope Moses-Ashike Jul 15, 2020

Nigeria’s currency weakened by N0.50k on Wednesday as the dollar was quoted at N386.50k as against N386.00k quoted on Tuesday...

Markets

Market records mild gain as investors buy Airtel, Dangote Sugar, others 

Iheanyi Nwachukwu Jul 15, 2020

Nigeria’s equities market on Wednesday July 15 stopped record loss trend as investors raised bets in shares of Airtel Africa...

Markets

eTranzact targets to raise N7bn from ongoing Rights Issue

Iheanyi Nwachukwu Jul 15, 2020

eTranzact is targeting to raise N6.99billion from its existing shareholders in its ongoing Rights Issue which opened on Tuesday July...

Markets

NSE hosts its Good Cause Ambassador to Digital Closing Gong Ceremony

Iheanyi Nwachukwu Jul 15, 2020

As entertainment becomes one of the leading elements of influence, especially amongst younger generations, the world is quickly recognising and...

Markets

Stockbrokers comment on market’s half-year performance

Iheanyi Nwachukwu Jul 15, 2020

Pressured FX market, general uncertainty in the global/domestic economy, fluctuating crude oil prices, declining corporate earnings and dampening investors’ appetite...

Markets

GTB, Zenith, Access lead laggards as stock market fails to impressive

Iheanyi Nwachukwu Jul 14, 2020

For the second time this week, the Nigerian stock market failed to impress investors after another session of negative close...