Capital Market – Page 59 – City Business News

December 12, 2019 No Responses

NSE Indices Record First Gain In December

The Nigerian Stock Exchange (NSE) on Wednesday recorded the first gain in December with the crucial market indices appreciating by 0.19 per cent. Specifically, the All-Share Index increased by 49.79 points or 0.19 per cent to close at 26,434.00 compared...

December 8, 2019 No Responses

Capital Market Experts Outline Ways To Fund Nigeria’s Infrastructure Deficit

An investment banker and Head, Debt Capital Markets, FBNQuest Merchant Bank Limited, Mr Oluseun Olatidoye, has stressed the need for sound macroeconomic and policy frameworks to enable the capital market attract investors to fund infrastructure projects ...

December 8, 2019 No Responses

Access Bank, Zenith, FMDQ, Nestle, Others Get Capital Market Awards

The Capital Market Correspondents Association of Nigeria (CAMCAN) on Saturday honoured six firms for their contributions to the development of the Nigeria Stock Exchange (NSE) in 2018.At a colourful ceremony held in Lagos, CAMCAN also commended the firms for t...

December 5, 2019 No Responses

Neimeth, Cornerstone, Emerge Best Performing Stocks In November

Neimeth, Cornerstone Insurance and Chams have emerged as the best performing equities on the Nigerian Stock Exchange (NSE) in the month of November.Data obtained by the News Agency of Nigeria (NAN) indicates that Neimeth led eight others to emerge as...

December 5, 2019 No Responses

NSE Photo News

L – R: Olumide Bolumole, Head, Listing Business Division, The Nigerian Stock Exchange (NSE); Bunmi Popoola-Mordi, Executive General Manager Total Country Services/Company Secretary; Oscar N. Onyema, OON, Chief Executive Officer, NSE; Imrane Baxter, Managing ...

December 5, 2019 No Responses

NSE All-Share Index Down By 0.02%

Transactions on the Nigerian Stock Exchange (NSE) on Wednesday maintained a negative outlook for the third consecutive trading sessions. The News Agency of Nigeria (NAN) reports that the All-Share Index dropped marginally by 0.02 per cent due to sell-off in...

December 4, 2019 No Responses

Market Capitalisation Drops Further By N22b

The crucial market indices of the Nigerian Stock Exchange (NSE) dropped further on Tuesday with a decline of 0.17 per cent. The News Agency of Nigeria (NAN) reports that the market capitalisation shed N22 billion or 0.17 per cent to...

December 3, 2019 No Responses

Eland Shareholders Approve £382m Takeover by Seplat

Shareholders of Eland Oil & Gas Plc have given overwhelming backing to the £382 million takeover of the company by indigenous oil & gas producer, Seplat Petroleum Development Company Plc. At two meetings of shareholders recently, resolutions in favour...

November 30, 2019 No Responses

CBN Injects $323.5m, CNY 17.9m Into Retail SMIS

In its last intervention for the month of November, the Central Bank of Nigeria (CBN) on Friday, November 29, 2019, made an intervention of $323.5million in the retail Secondary Market Intervention Sales (SMIS) and CNY 17.9million in the spot and...

November 30, 2019 No Responses

Ecobank, Standard Chartered Lead In Q3 Capital Importation To Nigeria

National Bureau of Statistics (NBS) says Ecobank Nigeria and the local unit of Standard Chartered Bank have joined Stanbic IBTC Bank to become foreign investors’ favourites for investment deals. Details of the Bureau report showed that out of 26 banks....

November 28, 2019 No Responses

All-Share Index Drops Further By 0.35%

The Nigerian equities market on Wednesday declined further by 0.35 per cent, amid sustained bearish transactions. The All Share Index (ASI) decreased by 93.23 points or 0.35 per cent to close at 26,790.10 compared with 26,883.33 achieved on Tuesday. Similarly,...

November 27, 2019 No Responses

NSE Market Indices Down 0.56%

The upward trend recorded by the Nigerian Stock Exchange (NSE) for some days now was halted on Tuesday following profit taking by some investors. Specifically, the All-Share Index dipped 152.45 points or 0.56 per cent to close at 26,883.33 compared...

November 26, 2019 No Responses

Nestle, Presco, Others Lift Market Capitalisation By N22billion

Transactions on the floor of Nigerian Stock Exchange (NSE) reopened on a positive note on Monday as the market capitalization gained 0.16 per cent, extending the bullish run to five consecutive trading sessions. At the end of the day’s transactions,...

November 24, 2019 No Responses

Shareholders To FG: Address Infrastructure Deficit Through Capital Market

The Independent Shareholders Association of Nigeria (ISAN) has stressed the need to address the country’s infrastructure challenges through the Nigerian capital market. Mr Adeniyi Adebisi, ISAN’s National Coordinator, stated this on Saturday in Lagos, whil...