The Nigerian Stock Exchange (NSE) will be seeking members approval to undertake a listing by introduction at the 59th Annual General Meeting (AGM) slated for Nov. 18. The NSE disclosed this in a notice signed by Mrs Mojisola Adeola, the Council Secretary, posted on its website on Wednesday to notify members of the AGM. The Read More…
The bulls on Tuesday continued to dominate trading on the nation’s bourse with the market indices improving further by 0.70 per cent, amid increased buying interest. Speficially, the All-Share Index on Tuesday rose by 202.33 points or 0.70 per cent to close at 28,980.29 compared with 28,777.96 achieved on Monday. Also, the market capitalisation inched Read More…
Some experts in the capital market say the EndSARS protests and curfew imposed in some states did not have any significant impact on the capital market. The experts, who spoke with the News Agency of Nigeria (NAN) in separate interviews in Abuja on Monday, said the stability of the market was due to improved stock Read More…
The Chartered Institute of Stockbrokers (CIS) on Sunday urged the Federal Government to leverage investment opportunities in the capital market for medium and long-term capital to bridge infrastructure deficit. The CIS President, Mr Olatunde Amolegbe, said this in a statement on Sunday in Lagos. Amolegbe said that the Nigerian capital market would definitely help in Read More…
The Nigerian Stock Exchange (NSE) on Friday sustained positive trend with the market indices appreciating further by 0.47 per cent. Specifically, NSE the All-Share Index rose by 133.19 points or 0.47 per cent to close at 28,697.06 compared with 28,563.87 achieved on Thursday. Similarly, the market capitalisation which opened at N14.929 trillion improved by N70 Read More…
The nation’s bourse on Thursday rebounded with a growth of N59 billion in spite of social unrest and curfew in major cities of the country. Specifically, the market capitalisation which opened at N14.870 trillion rose by N59 billion or 0.40 per cent to close at N14.929 trillion. Also, the All-Share Index increased by 114.38 points Read More…
The Nigerian Stock Exchange (NSE) on Wednesday reacted to social unrest following the aftermath of #EndSARS protests losing N113 billion, amid sell pressure. Specifically, the market capitalisation shed N113 billion or 0.75 per cent to close at N14.870 trillion against N14.983 trillion recorded on Tuesday. Also, the All-Share Index dipped 216.33 points or 0.75 per Read More…
The Securities and Exchange Commission (SEC) says it is working with other stakeholders in the market to introduce capital market studies in primary, secondary and tertiary institutions in the country. Mrs Efe Ebelo, the Head of Corporate Communication, SEC, Abuja, in a statement on Sunday said that the move would boost the level and quality of Read More…
After two days of cautious trading, the nation’s bourse on Friday recorded N164 billion growth following renewed investors interest. Specifically, the market capitalisation which opened at N14.815 trillion rose by N164 billion or 1.11 per cent to close at N14.979 trillion. Also, the All-Share Index rose by 315.41 points or 1.11 per cent to close Read More…
The Nigerian Stock Exchange (NSE) on Thursday moved 343.19 million shares worth N5.04 billion in 4,048 deals, just as market indices remained flat. This represented a growth of 56.66 per cent when compared with 218.24 million shares valued at N3.14 billion exchanged in 3,896 deals on Wednesday. Transactions in the shares of United Bank for Read More…