Stock Market – Page 11 – City Business News

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...

February 25, 2020 No Responses

Nigeria To Introduce Incentives To Boost Capital Market

Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, on Monday said the Federal Government of Nigeria will further introduce incentives to boost investments in the nation’s capital market. Ahmed gave the assurance during a visit to the Nigeria...

February 11, 2020 No Responses

Photo News

L – R: Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE) presenting a replica of closing gong to Dr. Adebola Akindele, Group Managing Director, Courteville Business Solution Plc during a courtesy visit to The Exchange (NSE)...

February 11, 2020 No Responses

NSE Market Indices Open With 1.05% Loss

The Nigerian equities market resumed trading for the week on Monday still on a negative trend with the market indices nosediving by 1.05 per cent. Speficially, the All-Share Index lost 294.90 points or 1.05 per cent to close at 27,772.19...

February 3, 2020 No Responses

How To Attract Investors To African Capital Markets, By Fourier, CEO, JSE

Most African Capital Markets are too small to attract the attention of international investors, the Chief Executive Officer, Johannesburg Stock Exchange (JSE), Dr Leila Fourie has said. To reverse the trend, Fourier has called for adequate liquidity thro...

January 31, 2020 No Responses

Market Capitalisation Drops By N41b

Transactions on the Nigerian Stock Exchange(NSE) on Thursday maintained downward trend for the fourth consecutive trading day with the market indicators extending its losing streak by 0.27 per cent. The News Agency of Nigeria (NAN) reports that the market capi...

January 30, 2020 No Responses

Market Capitalisation Drops Below N15tri Mark

The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday dropped to N14 trillion mark due to persistent profit taking. Specifically, the market capitalisation which opened at N15.132 trillion shed N138 billion or 0.91 per cent to close at...

January 18, 2020 No Responses

NSE Sustains Growth With N114billion

The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019. The News Agency of Nigeria (NAN) reports that the index rose by 265.39 points or...

January 14, 2020 No Responses

NSE Projects Outlook For 2020

The Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr Oscar Onyema on Monday presented the key performance of the Exchange in 2019 and gave a prognosis for the market in the New Year 2020. Speaking at the event titled: 2019...

January 13, 2020 No Responses

SEC Boss: Market Regulation Now More Efficient with Technology

Regulation of the market in a technology driven era is now more efficient, Acting Director General, Securities and Exchange Commission (SEC), Ms. Mary Uduk has said According to Uduk, the Agency is stepping up use of Technology in regulation to...

January 10, 2020 No Responses

BUA Cement Emerges Third Largest Listed Firm On NSE

BUA Cement Plc on Thursday emerged the third largest company on the Nigerian Stock Exchange (NSE) with the listing of 33.86 billion ordinary shares at N35 per share. The development added N1.18 trillion to the NSE market capitalisation. Speaking on...

January 3, 2020 No Responses

NSE Resumes 2020 With 0.10 Per Cent Growth

The Nigerian Stock Exchange (NSE) resumed trading for 2020 on a positive trend with the benchmark index appreciating by 0.10 per cent following investors’ interest in MTN Nigeria stock. Specifically, the All-Share Index which opened trading for the year on.....