Capital Market Archives — Page 25 of 62

December 17, 2021 No Responses

SEC Begins Regulatory Fee On Fixed Income Transactions Jan 1

The securities and Exchange Commission is to commence regulatory fee on fixed income (Bonds) secondary market transactions with effect from January 1, 2022. This was contained in a Circular dated December 15, 2021 and signed by the Management of the SEC. ...

December 9, 2021 No Responses

Nigerian Stock Market Sustains Growth By N217b

Sentiments remained positive in the domestic stock market on Wednesday with a growth of N217 billion arising from price rally recorded by MTN Nigeria Communications (MTNN) and 19 other stocks. Specifically, the market capitalisation inched higher by N217...

December 8, 2021 No Responses

NGX Recovers N5b

The Nigerian stock market rebounded on Tuesday by five billion naira to halt six days consecutive bearish outing. Specifically, the market capitalisation which opened at N21.920 trillion inched higher by five billion or 0.02 per cent to close at N21.925....

December 8, 2021 No Responses

CBN Earmarks N5b Loan For Investors

The Central Bank of Nigeria (CBN) on Tuesday released guidelines for its “Production and Productivity” initiative, through “100 projects for EVERY 100 days” project. Information in the apex bank’s website revealed that the initiative was design...

December 7, 2021 No Responses

FBN Holdings Reports N427b Gross Earnings, N40.9b Profit In Nine Months

By Moses Ebosele, ebosele@hotmail.com — For the nine months ended September 30, 2021, FBN Holdings Plc has declared &nbs...

December 7, 2021 No Responses

Market Capitalisation Dips Further By N83b

Transactions in the domestic equities market carried on last week’s bearish performances with the indices dropping by 0.38 per cent, amid sell pressure. Thus, the All-Share Index declined by 159.31 points or 0.38 per cent to close at 42,008.60 from...

December 5, 2021 No Responses

SEC Implores Capital Market Stakeholders On Technology Innovations

The Director-General, Securities and Exchange Commission (SEC), Lamido Yuguda has challenged stakeholders in Nigeria’s capital market to leverage technology as part of measures to boost financial inclusion. In his keynote address on Sat...

December 3, 2021 No Responses

Nigerian Stock Market Extends Losing Streak By N113b

The Nigerian stock market extended bearish mood on Thursday on the back of sell pressure on Seplat Energy and 33 others. Specifically, the market capitalisation dropped further by N113 billion or 0.51 per cent to close at N22.044 trillion from...

December 1, 2021 No Responses

Osinbajo Harps On Capital Market Innovations Through Technology

Nigeria is in a better position to advance its capital market locally and globally through technology and young people. This was the view expressed by Vice President Yemi Osinbajo, SAN, in his keynote speech on Tuesday in Abuja at first Capital Market ...

December 1, 2021 No Responses

NGX Drops Further By N12b

The Nigerian stock market ended trading for the month of November on Tuesday still on a bearish note with a loss of N12 billion. Specificaly, the market capitalisation inched lower by N12 billion or 0.05 percent to close at N22.566...

November 30, 2021 No Responses

NGX Records N20b Loss

Trading in the domestic equities market started the week on Monday with negative sentiments following sell pressure in 20 stocks. Speficially, the market capitalisation which opened at N22.598 trillion lost N20 billion or 0.09 per cent to close at N22.57...

November 28, 2021 No Responses

SEC Warns Quoted Firms To Desist From Selective Dividend Payments

The Director-General, Securities and Exchange Commission (SEC) has warned quoted companies and capital market registrars to desist from selective payments and distribution of dividends. Yuguda stated this in his keynote address on Saturday at the Insti...

November 25, 2021 No Responses

Minister Urges Capital Market Investors To Take Advantage of Master Plan Initiatives

Investors in the capital market have been urged to take advantage of initiatives introduced in the capital market which are aimed primarily at strengthening the market and accelerating development. Minister of Finance, Budget and National Planning, Mrs Z...

November 23, 2021 No Responses

Financial Inclusion Through Technology To Take Centre Stage At 2021 CAMCAN Workshop

The Capital Market Correspondents Association of Nigeria (CAMCAN) has concluded plans to hold its 2021 annual workshop, a strategic forum to articulate issues that can move the Nigerian capital market and economy forward. This year’s workshop sch...