Market Capitalisation Recovers N3b

Market Capitalisation Recovers N3b

The Nigerian Stock Exchange (NSE) recorded marginal growth on Tuesday, appreciating by 0.02 per cent on renewed bargain hunting to halt downward posture of four consecutive trading sessions.  Specifically, the All-Share Index increased by 6.55 points or 0.02 per cent...
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GTBank, Dangote Cement, Top Losers’ Table As Market Capitalisation Drops Further By N68b

GTBank, Dangote Cement, Top Losers’ Table As Market Capitalisation Drops Further By N68b

Market capitalisation of the Nigerian Stock Exchange, on Friday, dropped further by N68 billion or 0.46 per cent to close at N14.852 against N14.920 trillion.  Also, All-Share Index which opened at 28,546.22 lost 130.91 points or 0.46 per cent to...
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Onyema, DMO Boss, Others Highlight Opportunities In Fixed Income Market

Onyema, DMO Boss, Others Highlight Opportunities In Fixed Income Market

The Nigerian Stock Exchange (NSE) has concluded a two-day webinar on fixed income in line with its commitment to further enhance the capacity of capital market players across available asset classes,    The webinar, held in partne...
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Market Capitalisation Ends September Bullish, Crosses N14tri Mark

Market Capitalisation Ends September Bullish, Crosses N14tri Mark

The Nigerian Stock Exchange (NSE) market capitalisation crossed N14 trillion mark on the last trading day of September due to sustained confidence.  Specifically, the market capitalisation on Wednesday rose by N118 billion or 0.84 per cent to close at N14...
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Market Capitalisation Sustains Growth By N67b

Market Capitalisation Sustains Growth By N67b

The Nigerian Stock Exchange (NSE) key market indicators on Wednesday sustained positive rally, appreciating by 0.50 per cent due to monetary policy rate cut to 11.5 per cent. Speficially, the market capitalisation rose by N67 billion to close at N13.474...
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Nigeria Highlights Capital Market Investment Opportunities

Nigeria Highlights Capital Market Investment Opportunities

Representatives of the Nigerian Stock Exchange (NSE), Nigerian International Securities Limited (NISL) and the Chartered Institute of Stockbrokers (CIS) on Monday committed to expanding retail investment opportunities in the capital market.   The rep...
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SEC: Digital Assets Classification Aimed At Investor Protection

SEC: Digital Assets Classification Aimed At Investor Protection

The Securities and Exchange Commission (SEC) has said that the recently released SEC Statement on Digital Assets and their Classification and Treatmen is aimed at boosting investors’ protection in the capital market.Emomotimi Agama, Head, Registration, Excha...
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WFE Issues Guidance On Fair, Orderly Markets As New Wave Looms

WFE Issues Guidance On Fair, Orderly Markets As New Wave Looms

The World Federation of Exchanges (WFE) has issued a Guidance Note, aimed at policy questions arising from any resurgence of market volatility.   In particular, the WFE’s Guidance focuses on how exchanges create fair and orderly markets; and why, when...
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Market Capitalisation Recovers N50b

Market Capitalisation Recovers N50b

The key market indicators of the nation’s bourse recorded first week gain on Thursday, rebounding by 0.38 per cent on renewed bargain hunting.   Specifically, the All-Share Index improved by 96.06 per cent or 0.38 per cent to close at...
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FBNQuest Funds Invests  N20b In 70 firms

FBNQuest Funds Invests N20b In 70 firms

FBNQuest Funds, the merchant banking and asset management arm of FBN Holdings Plc has invested over N20 billion in private equity since 2003. The company’s Vice President, Alternative Investments, Mr Christian Ekpo, disclosed this on Wednesday at a virtual F...
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Union Bank Appoints Emeka Ogbechie Non-Executive Director

Union Bank Appoints Emeka Ogbechie Non-Executive Director

Union Bank of Nigeria Plc has informed the Nigerian Stock Exchange (NSE), shareholders and the investing public of the appointment of  Mr Emeka Ogbechie as a Non-Executive Director of the bank, replacing Mr Dick Kramer, who retired in September 2019,...
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Naira Closes at N435 To Dollar At Parallel Market

Naira Closes at N435 To Dollar At Parallel Market

The Naira on Monday gained N5 to close at N435 to the dollar at the parallel market in Lagos.  The Pound Sterling and the Euro closed at N575 and N515, respectively.  At the Bureau De Change window, the Naira traded...
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Fidelity Bank Declares N8.5b Half Year Net Profit

Fidelity Bank Declares N8.5b Half Year Net Profit

For the 2020 half-year performance, Fidelity Bank Plc recorded Profit Before Tax of N12.0bn from N9.8bn in 2019, which translated to a 22% growth.   According to the Bank, net profits grew by 33% from N8.5bn to N11.3bn in the reporting...
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Zenith Bank Declares N346b Gross Earnings, 30 Kobo Interim Dividend

Zenith Bank Declares N346b Gross Earnings, 30 Kobo Interim Dividend

Zenith Bank Plc on Thursday declared gross earnings of N346 billion for the half year ended June 30, 2020.  This is contained in the bank’s audited results presented to the Nigerian Stock Exchange.  The gross earnings represent an increase of...
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