Markets

Markets

Market-wide sell off persists on Nigerian Bourse

Iheanyi Nwachukwu Apr 08, 2019

The spate at which investors are selling-off their stocks on the Nigerian Stock Exchange (NSE) should be a source of...

Markets

Nigerian stocks near two-year low on weak sentiment

Anthony Nlebem Apr 08, 2019

Nigerian stocks fell to a near-two-year low on Monday as low economic growth weighed on sentiment, analysts said. The all-share...

Markets

NSE lose on 21 out of 30 trading days since Buhari’s re-election victory

Micheal Ani Apr 05, 2019

Since the successful re-election of Nigeria’s incumbent, President Muhamadu Buhari in the February 23 election, the Nigerian stock exchange has...

Markets

Stock investors trapped in N550bn weekly loss  

Iheanyi Nwachukwu Apr 05, 2019

Stock investors at the Nigerian Bourse had no reason to cheer in the trading week ended Friday April 5 following...

Markets

Investors may offload Med-View stocks as airline reports N10.35bn loss

Iheanyi Nwachukwu Apr 05, 2019

Investors who bought the shares of Med-View Airline Plc may no doubt have been disappointed with the airline’s recently released...

Markets

Stock investors lose additional N44bn

Iheanyi Nwachukwu Apr 04, 2019

The bears continued their reign on Thursday April 4 at the Nigerian Stock Exchange (NSE), causing equity investors to book...

Markets

Portfolio inflows to emerging markets hit 3-month low in March

Israel Odubola Apr 04, 2019

Portfolio inflows to emerging markets were down to their lowest level in three months since the start of the year...

Markets

Firms expect naira to appreciate by 55.7 index points next 12 months

Hope Moses-Ashike Apr 04, 2019

Nigerian firms surveyed by the statistics department of the Central Bank of Nigeria (CBN) expect naira to appreciate by 55.7...

Markets

Access Bank Scheme Shares not available for trading on NSE

Iheanyi Nwachukwu Apr 02, 2019

The Nigerian Stock Exchange (NSE) on Tuesday April 2 said that due to certain operational reasons, Access Bank Scheme shares...

Markets

Custodian Investment’s profit hits N7.11bn as earnings surge most in 2 years

Oluwasegun Olakoyenikan Apr 02, 2019

Gross earnings of Custodian Investment Plc, one of Nigeria’s leading non-bank financial institutions by market capitalisation, grew the most in...

Markets

NSE announces additional listing of Access Bank shares

Olufikayo Owoeye Apr 02, 2019

Following the Court Sanction of the Scheme of Merger between Access Bank Plc. and Diamond Bank Plc, the Nigerian Stock...

Markets

FG offers 2, 3-year savings bonds at 11.27%, 12.27% for April – DMO

Osa Victor Obayagbona Apr 02, 2019

Federal Government has offered for subscription two-year savings bond at 11.27 percent and three-year savings bond at 12.27 percent per...

Markets

Downstream woes revealed by negative stock returns in 10yrs

Oladehinde Oladipo Apr 02, 2019

Listed companies in Nigeria’s downstream oil and gas sector have recorded negative returns in the last 10 years compared to...

Markets

Stock market activity declines by more than 50 percent year-on-year in Q1 2019

Anthony Nlebem Apr 01, 2019

Stock market turnover for the first quarter of 2019 fell by around 52 percent in volume and value as the...

Markets

SEC is implementing over 70% of master plan initiatives — DG

Osa Victor Obayagbona Apr 01, 2019

Securities and Exchange Commission (SEC) says it has commenced implementation of 66 out of the over 90 initiatives outlined in...