Tag: Stock Market

The Nigerian Exchange Group (NGX Group) listing on Friday lifted the market capitalisation of Nigerian Exchange Ltd (NGX) by N192 billion.  The News Agency of Nigeria (NAN) reports that NGX Group listed a total of 1.96 billion shares at N16.15...

The Nigerian Exchange Group Plc (NGX Group) says it will leverage organic and inorganic growth opportunities for business expansion across relevant business categories to increase global competitiveness.  The Group Chief Executive Officer, NGX Group, Mr O...

Activities on the domestic equities market closed Wednesday on a positive note, extending the gaining streak to five consecutive trading sessions.  The positive outcome was buoyed by investors’ buy-interests in banking and industrial sectors, with marke...

The cryptocurrency sector is still growing, attracting more investors aiming to leverage various benefits of the industry.    Additionally, the number of new cryptocurrencies joining the market is also accelerating as creators seek to leverage t...

The World Federation of Exchanges (WFE) on Thursday elected ten Directors of the Board, including a new Chairman, Vice Chairman and Working Committee Chairman at the 60th General Assembly.  Elected Board of Directors, according to a st...

The Securities and Exchange Commission has unveiled plans to reduce its operating costs in order to boost profitability within the next two years.The Director-General, SEC, Mr Lamido Yuguda who said this in Abuja, also noted that the Commission has been...

China has announced plans to set up a third stock exchange to serve small and medium-sized businesses. President Xi Jinping said the new share market will be in the capital Beijing, during a speech to the International Fair for Trade...

Sir Richard Branson’s Virgin Atlantic is exploring a possible listing on the London stock market to raise money to repair the airline’s finances. The move could see shares offered to private investors as well as big City firms, but mean...

The Group Chief Executive Officer, Nigeria Exchange Group Plc, Mr Oscar Onyema, has said demutualisation will reduce conflict of interests in the shareholder-owned entity and support agile decision-making.  Onyema said this at the Association of Capital M...

The Director-General, Securities and Exchange Commission (SEC), Mr Lamido Yuguda, has expressed optimism that the Securities Issuers Forum (SIF) will aid the development of the capital market and the economy.  Yuguda made the assertion in his opening address ...

Coronation Merchant Bank Funding SPV Plc listed its Twenty-Five Billion Naira (N25Bn) Bond on Nigerian Exchange (NGX) Limited on Wednesday, 30 June 2021.  The 5-year 6.25% Series one (1) Fixed Rate Subordinated Unsecured Bonds due 2025 is under Coronation...

MasterCard on Sunday announced that its latest research shows that Small and Medium Enterprise (SME) confidence in Middle East, North Africa (MENA) is on the rise.  It said the rise was after facing unprecedented changes in the wake of the...

The Federal Government has commended the Nigerian Exchange (NGX) Limited for its efforts in ensuring that the Nigerian capital market (NCM) is deepened.   The Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, made the commendation ...