Stock Market Archives — Page 10 of 38

July 17, 2020 No Responses

Ikeja Hotel, Presco, Others Top Gainers’ Table As Market Capitalisation Recover N105b

The Nigerian Stock Exchange (NSE) on Thursday maintained positive sentiments with the market capitalisation advancing by N105 billion, the biggest gain since June 26. Specifically, the market capitalisation appreciated by N105 billion or 0.83 per cent to close at N12.692 trillion,...

July 9, 2020 No Responses

NSE Cautions Investors On Shares Of Medview Airline,DN Tyre, Union Homes, Others

The Nigerian Stock Exchange (NSE) has urged investors to trade with caution on the shares of 13 companies for failing to submit financial statements without any explanation. The News Agency of Nigeria (NAN) reports that the affected companies include Aso...

June 13, 2020 No Responses

FBN Insurance Records N37.63bn Premium In 2019

For the year 2019, FBN Insurance Limited recorded N37.63 billion Gross Premium Written (GPW), an increase of 45 per cent when compared to N25.98 billion achieved in 2018. The company in a statement explained that the audited annual report was...

May 31, 2020 No Responses

Stockbrokers Implore Nigerians On FG’s N150b Sukuk

The Chartered Institute of Stockbrokers (CIS) has urged Nigerians to support the Federal Government’s growth initiatives by subscribing to its N150 billion Sukuk. The N150 billion Sukuk, a profitable financial instrument presently on sale to the investing pu...

May 28, 2020 No Responses

NSE To Host Sustainable Capital Markets Forum

The Nigerian Stock Exchange (NSE) in collaboration with the Milken Institute, is set to host the inaugural edition of Webinar Series on Sustainable Capital Markets for West Africa on Friday, 5 June 2020 by 2:30pm. According to NSE, the webinar...

May 14, 2020 No Responses

Market Capitalisation Recovers N7billion

The Nigerian Stock Exchange (NSE) on Wednesday returned to positive path with key market indicators appreciating marginally by 0.06 per cent on renewed interest in highly capitalised equities. Specifically, the All Share Index (ASI) increased by 13.54 points, ...

April 17, 2020 No Responses

NSE Hosts First-Ever Digital Closing Gong Ceremony, Lauds Health Workers

The Nigerian Stock Exchange (NSE) has expressed its commitment to enhance Corporate and Investors access to the market as part of measures to meet their financial and investment needs during this period and beyond. The Chief Executive Officer of NSE,...

April 7, 2020 No Responses

SEC Nigeria Boss Elected Into IOSCO Board

The Acting Director General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk has been elected into the board of the International Organisation of Securities Commissions, IOSCO. Ms. Uduk is to represent the Africa/Middle-East Regional Committee, AM...

April 1, 2020 No Responses

Stock Markets Record Worst Quarter In 33 Years

Stock markets around the world suffered historic losses in the first three months of the year amid a massive sell-off tied to the coronavirus. The Dow Jones Industrial Average and London’s FTSE 100 saw their biggest quarterly drops since 1987,...

March 31, 2020 No Responses

NSE To Sustain Remote Trading

The Nigerian Stock Exchange (NSE) has assured investors of seamless trading during the 14 days lockdown to stem the spread of coronavirus in the country. The exchange gave the assurance in a statement issued in Lagos by Mr Olumide Orojimi,...

March 24, 2020 No Responses

NSE Resorts To Remote Trading

As part of measures to curtail COVID-19 pandemic, the Nigerian Stock Exchange (NSE) will effective March 25, 2020 temporarily close its trading floors and engage in remote trading. Mr Oscar Onyema, NSE Chief Executive Officer, said in a statement o...

March 13, 2020 No Responses

Coronavirus Crashes Global Stock Markets

Shares around the world have plunged as investors fear the spread of the coronavirus will destroy economic growth with government action insufficient to arrest the decline. The main UK index dropped more than 10% in its worst day since 1987....

March 12, 2020 No Responses

Stocks Fall As US Imposes EU Travel Ban

Asian stocks traded sharply lower after President Donald Trump suspended all travel to the US from mainland Europe in a bid to slow the spread of the coronavirus. It followed steep losses on Wall Street, with the Dow Jones plunging...

March 7, 2020 No Responses

NSE Boss Advocates Gender Equality

The Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr Oscar Onyema on Friday said gender equality was important to reduce employment and entrepreneurship gaps in the country. Onyema stated this at a symposium organised by the Exchange in Lagos t...