Category: Capital Market/Banking

NSE All-Share Index Records 1.38 Per Cent Growth
January 7, 2020 No Responses

NSE All-Share Index Records 1.38 Per Cent Growth

Activities on the Nigerian Stock Exchange (NSE) reopened for the week on Monday on a bullish trend with the All-Share Index crossing 27,000 mark following buying interest in Dangote Cement. Specifically, the index which opened at 26,968.79 inched 370.89 points...
read more
SEC Nigeria Explains Agenda For Derivatives Trading In 2020
January 6, 2020 No Responses

SEC Nigeria Explains Agenda For Derivatives Trading In 2020

Developing an efficient derivatives trading market is one of the top priorities of the Securities and Exchange Commission (SEC) in 2020, Acting Director General, Ms. Mary Uduk has said Derivatives are securities that derive their value from an underlying secur...
read more
NSE Market Capitalisation Crosses N13tri Mark
January 4, 2020 No Responses

NSE Market Capitalisation Crosses N13tri Mark

The market capitalisation of the Nigerian Stock Exchange (NSE) on Friday sustained a positive trend, crossing to N13 trillion mark on the second trading day of 2020. Specifically, the market capitalisation rose by N49 billion to close at N13. 019...
read more
NSE Resumes 2020 With 0.10 Per Cent Growth
January 3, 2020 No Responses

NSE Resumes 2020 With 0.10 Per Cent Growth

The Nigerian Stock Exchange (NSE) resumed trading for 2020 on a positive trend with the benchmark index appreciating by 0.10 per cent following investors’ interest in MTN Nigeria stock. Specifically, the All-Share Index which opened trading for the year on.....
read more
CIBN: Downward Review Of Bank Charges Will Affect Bottom Line Of Banking Industry
December 30, 2019 No Responses

CIBN: Downward Review Of Bank Charges Will Affect Bottom Line Of Banking Industry

The Chartered Institute of Bankers of Nigeria (CIBN), said on Sunday that the downward review of bank charges would affect the net earnings and income of the Banks. Dr Uche Olowu, the CIBN Chairman, told News Agency of Nigeria (NAN),...
read more
Nigeria’s Stock Market Ends 2019 In Red
December 25, 2019 No Responses

Nigeria’s Stock Market Ends 2019 In Red

By Chinyere Joel-Nwokeoma (NAN) — With no fewer than six days of trading before the year ends, it is almost certain that transactions on the Nigerian Stock Exchange (NSE) will close in the red zone. The outgoing year is, indeed,...
read more
AfDB Explains $20bn Investments’ Portfolio In ECOWAS Region
December 23, 2019 No Responses

AfDB Explains $20bn Investments’ Portfolio In ECOWAS Region

The African Development Bank (AfDB) portfolio investments in the Economic Community of West African States (ECOWAS) region is 20 billion dollars. This is contained in a statement released by the bank’s Communication and External Relations Department on Sunda...
read more
CBN Reviews Bank Guidelines, Slashes Charges
December 23, 2019 No Responses

CBN Reviews Bank Guidelines, Slashes Charges

The Central Bank of Nigeria (CBN), has reviewed downward charges and fees for banking services. This is contained in the new guidelines for banks, other financial, and non-bank financial institutions released by the apex bank on Sunday in Abuja. According...
read more
Presco Exceeds 2019 Target, Lauds Border Closure
December 22, 2019 No Responses

Presco Exceeds 2019 Target, Lauds Border Closure

– A key player in the agricultural sector of Nigerian Stock Exchange (NSE), Presco Plc has ended 2019 business year on a happy note.Addressing workers at a ceremony to end the year on Saturday, Managing Director, Felix Nwabuko also commended...
read more
Building Resilient African Capital Markets
December 21, 2019 No Responses

Building Resilient African Capital Markets

By Thapelo Tsheole — From 25-26 November 2019, over three hundred capital markets participants converged in Kasane in Botswana to attend the 23rd Annual General Meeting and Conference of the African Securities Exchanges Association (ASEA) hosted by Botsw...
read more
Market Capitalisation Drop By N16billion
December 18, 2019 No Responses

Market Capitalisation Drop By N16billion

The Nigerian equities market ended Tuesday session in red with the All-Share Index dropping by 0.13 per cent. The News Agency of Nigeria (NAN) reports that the index, which opened at 26,695.18, lost 34.74 points or 0.13 per cent to...
read more
IOSCO Tackles Conflict Of Interests In Debt Capital Raising
December 17, 2019 No Responses

IOSCO Tackles Conflict Of Interests In Debt Capital Raising

The Board of the International Organization of Securities Commissions (IOSCO) is requesting feedback on proposed guidance to help IOSCO members address potential conflicts of interest and associated conduct risks arising from the role of market intermediaries ...
read more
Shareholders Seek More Mergers, Acquisitions In Cement Industry
December 15, 2019 No Responses

Shareholders Seek More Mergers, Acquisitions In Cement Industry

Shareholders under the aegis of Constance Shareholders’ Association of Nigeria (CSAN) on Saturday said that mergers and acquisitions would improve cement industry activities on the Nigerian Stock Exchange (NSE).Mr Shehu Mikail, CSAN National President, state...
read more
First Bank Appoints Ado Wanka Non-Executive Director
December 14, 2019 No Responses

First Bank Appoints Ado Wanka Non-Executive Director

First Bank of Nigeria Limited has announced the appointment of Alhaji Ado Yakubu Wanka as Non-Executive Director.  Speaking on his appointment, Dr. Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said, “We are delighted to ...
read more
1 … 120 121 122 123 124 … 182