Nigeria Stock Archives — Page 4 of 7

April 13, 2021 No Responses

Stanbic IBTC, Okomu Oil, Guinness, Top Losers‘Table As Market Capitalisation Drop By N74b

Transaction on the Nigerian Exchange Limited (NGX) opened activities for the week on Monday on a negative note with key indicators dropping by 0.40 per cent. The decline was due to investors profit-taking on some recently appreciated stocks such as...

April 12, 2021 No Responses

SEC Nigeria Engages Stakeholders On Fintech Roadmap Implementation

The Securities and Exchange Commission (SEC) is to discuss issues concerning the implementation of the financial technology roadmap in the market during its forth-coming virtual committee meeting sheduled for April 15 and April 16, 2021. A statement issu...

April 7, 2021 No Responses

Shareholders Task Firms To Cut Operational Cost

The Shareholders Association, Ibadan Zone, has urged companies in Nigeria to be decisive and cut operational costs to catalyze the business environment in the face of economic challenges. Mr Eric Akinduro, the Chairman of the Association, gave the advice...

April 2, 2021 No Responses

Nigeria Stock Exchange Readies For New Chapter Post Demutualisation

By Oscar N. Onyema — Capital markets in Nigeria are entering a period of major change, commencing with the demutualisation of the Nigerian Stock Exchange (NSE or The Exchange), which was approved by the nation’s Securities and Exchange Commissio...

March 31, 2021 No Responses

Investors Lose N119b Amid Renewed Profit Taking

The Nigerian Stock Exchange (NSE) returned to negative territory on Tuesday with investors losing N119 billion on renewed profit taking. Consequently, the market capitalisation which opened at N20.663 trillion dipped N119 billion to close at N20.544 tril...

March 29, 2021 No Responses

Non-Interest Capital Market, Full Of Potentials, Says SEC DG

The non-interest capital market sector in Nigeria has been described as one that is unique and full of potentials to facilitate the objective of deepening the financial system and spurring the growth of the Nigerian economy. This was stated by...

March 26, 2021 No Responses

Investors’ Interest In Stanbic IBTC, MTN Nigeria Lift Stock Market By 0.53%

The Nigerian Stock Exchange (NSE) maintained positive sentiment on Thursday with the market indices growing further by 0.53 per cent due to investors’ interest in Stanbic IBTC and MTN Nigeria. Speficially, the All-Share Index advanced further by 207.86...

March 25, 2021 No Responses

NSE Recounts One Year Experience Of Remote Trading

The Nigerian Stock Exchange (NSE) on Wednesday recounted experiences of one year of remote trading occasioned by the challenges of the COVID-19 pandemic. The NSE in a statement said it activated business continuity plan which saw the transition to remote...

March 19, 2021 No Responses

Market Capitalisation Recovers N109b

Transactions in the equities market on Thursday rebounded by N109 billion following buying interest in banking and industrial goods stocks. Consequently, the market capitalisation, which opened at N20.251 trillion, rose by N109 billion or 0.54 per cent t...

March 17, 2021 No Responses

NSE Rebounds By N83b On Buying Interests In Dangote Cement, MTN Nigeria

The Nigerian Stock Exchange (NSE) rebounded on Tuesday with N83 billion following buying interest in Dangote Cement and MTN Nigeria Communications (MTNN). Specifically, the market capitalisation inched higher by 158.97 points or 0.41 per cent to close at...

March 13, 2021 No Responses

NSE’s Indices Drop Further By 0.13%

Key indicators of the Nigerian Stock Exchange closed on Friday with a loss of 0.13 per cent, as turnover volume increased by 73.59 per cent. Specifically, the All-Share Index, which opened at 38,697.17 inched lower by 48.69 points or 0.13...

March 11, 2021 No Responses

NSE’s Demutualisation Approval Excites Capital Market Operators

Stockbrokers have expressed optimism that the completion of the long-awaited Demutualisation of the Nigerian Stock Exchange (NSE) would herald a new vista in the nation’s bourse. The stockbrokers said this in an interviews with the News Agency of Niger...

March 6, 2021 No Responses

Emefiele Woos Investors, Promises CBN’s Support

The Governor of the Central Bank of Nigeria (CBN) Mr Godwin Emefiele, has advised indigenous and multinational firms to consider the opportunities that Nigeria offers and begin to set up their manufacturing lines in Nigeria. Emefiele gave the advice at.....

March 5, 2021 No Responses

Nigerian Stock Market Extends Loss By N83b

The Nigeria Stock Exchange (NSE) on Thursday extended negative trend for the third consecutive trading session following sell pressure on Nigerian Breweries, Dangote Sugar Refinery and tier-1 banks. The All-Share Index on Thursday declined further by 157...