Investors Recover N81b As Equity Market Closes Positive

Investors Recover N81b As Equity Market Closes Positive

Trading activities at the Nigeria equity market closed in a positive posture, as investors raked in N81.01 billion gain on Friday.  Similarly, the gain made the market capitalisation close at N27.358 trillion from N27.276 trillion recorded on Thursday.  Also, the...
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Naira Gains Marginally At Investors, Exporters Window

Naira Gains Marginally At Investors, Exporters Window

The Naira on Thursday gained against the dollar at the Investors and Exporters window, exchanging at N428.12.  The figure represented an increase of 0.25 per cent compared with the N429.20 it exchanged for the dollar on Wednesday.  The open indicative...
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SEC Warns Against Unregistered Investments Crowdfunding Platforms

SEC Warns Against Unregistered Investments Crowdfunding Platforms

The Securities and Exchange Commission (SEC) has again warned investors about the activities of unregistered investment crowdfunding platforms.   Crowdfunding is the process of raising funds to finance a project or business from the public through an online ...
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Economist Implores Investors On Taking Position 

Economist Implores Investors On Taking Position 

A Professor of Capital Market,  Prof. Uche Uwaleke, has advised investors interested in the equities market to buy stocks in September and sell in January 2023 to reduce the impact of electioneering activities on investment.   Professor Uwaleke gave the ad...
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UBA Assures Investors, Shareholders Of Sustained Growth

UBA Assures Investors, Shareholders Of Sustained Growth

United Bank for Africa Plc (UBA) on Thursday assured shareholders and investors of its unwavering commitment to sustaining its current growth trajectory. The Group Chairman, Tony Elumelu, gave the assurance at the 60th Annual General Meeting of UBA at the...
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NEPZA Pledges Wider Corridor For Women Investors 

NEPZA Pledges Wider Corridor For Women Investors 

The Nigeria Export Processing Zones Authority (NEPZA) has reiterated its commitment to provide wider business corridor for prospective women investors to access the country’s Free Trade Zones.  A statement issued on Tuesday by Martins Odeh, Head, Corpor...
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Lagos Parking Authority Intensifies Enlightenment Campaign, Parners Local Govt, Investors  

Lagos Parking Authority Intensifies Enlightenment Campaign, Parners Local Govt, Investors  

By Moses Ebosele, ebosele@hotmail.com  — The General Manager, Lagos State Parking Authority (LASAP), Mrs Adebisi Adelabu has urged residents to support the State in curbing indiscriminate parking of vehicles across the metropolis.&nbs...
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CBN Earmarks N5b Loan For Investors

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

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...
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NGX Tasks Investors On Portfolio Diversification

NGX Tasks Investors On Portfolio Diversification

The Nigerian Exchange Ltd (NGX) has stressed the need for diversification of portfolios by investors to ensure enhanced return on investment.  The Divisional Head, Trading Business, NGX, Mr Jude Chiemeka, said this at the Retail Investors workshop organis...
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NGX Implores Investors On Long-Term Investments

NGX Implores Investors On Long-Term Investments

The Nigerian Exchange (NGX) Limited has advised investors to consider long-term investments, for maximum returns from those on listed companies.  The Head, Market Surveillance/Investigation, NGX Regulation, Mr Abimbola Babalola, gave the advice at a virtu...
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27 Years After, Okitipupa Oil Palm Shareholders Get 25kobo Dividend

27 Years After, Okitipupa Oil Palm Shareholders Get 25kobo Dividend

The Okitipupa Oil Palm Plc has resolved to pay its shareholders 25k dividends for the year ended December 31, 2020,  27 years after it last paid.  Chairman of the Board of Directors, Chief Mobolaji Osomo,  made the disclosure at the 31st...
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Airtel, Okomu Oil Top Losers‘ Chart As Investors Lose N340b

Airtel, Okomu Oil Top Losers‘ Chart As Investors Lose N340b

Transaction at the domestic bourse opened the week on a bearish mood with the market capitalisation losing N340 billion in one day, due to drop in large and medium capitalised stocks  Specifically, the market capitalisation, which opened at N20.409 trilli...
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MRS Oil, Vitafoam Top Gainers’ Table As Investors Earn N94b On NGX

MRS Oil, Vitafoam Top Gainers’ Table As Investors Earn N94b On NGX

Transactions on the Nigerian Exchange (NGX) closed Monday upbeat with a N94 billion growth.  Specifically, the market capitalisation returned to the N20 trillion mark, increasing by N94 billion to close at N20.034 trillion from N19.940 trillion on Friday....
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