Stock Market – Page 14 – City Business News

December 24, 2018 No Responses

SEC Nigeria: We Won’t Prosecute Multiple Accounts Holders

Nigerians have once again been enjoined not to entertain any fears of prosecution but take steps to regularise their multiple subscription accounts in order to obtain the benefits of their investments in the capital market. Acting Director General of the...

December 21, 2018 No Responses

Oscar Onyema: NSE Has Commenced Process To Change Legal Status, Structure, Governance

Inline with ongoing demutualisation agenda, the Nigerian Stock Exchange (NSE) has commenced legal process to change its status, structure and governance. According to the Chief Executive Officer of NSE, Oscar Onyema, the successful conclusion of th...

December 20, 2018 No Responses

NSE Unveils Sustainability Disclosure Guidelines

The Securities and Exchange Commission (SEC) has approved Nigerian Stock Exchange (NSE) Sustainability Disclosure Guidelines (SDG). NSErecognizes that the promotion of Environmental, Social and Governance (ESG) principles can facilitate more meaningful engagem...

December 12, 2018 No Responses

Nigeria Boost Forex Market With $210m

The Central Bank of Nigeria (CBN), in continuation of its intervention in the foreign exchange market, has injected another sum of $210 million to boost sales in the inter-bank segment of the market. In the sales conducted on Monday, December...

December 6, 2018 No Responses

NSE Photo News

L – R Nerina Visser, CFA, Chairperson of the ASISA ETF Standing Committee; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE) and Deborah A. Fuhr, Managing Partner & Founder, ETFGI during the 2018 NSE Annual ETPs...

November 28, 2018 No Responses

CBN Injects $210 Million In Wholesale Segment, Others

The Nigerian Apex Bank, the Central Bank of Nigeria (CBN) on Tuesday said it injected the sum of $100 million to dealers in the wholesale segment of the foreign exchange market. The CBN also made interventions of $55 million each...

November 23, 2018 No Responses

Again, MPC Retains Lending Rate At 14%

The Monetary Policy Committee (MPC) for the 14th consecutive time, retained the Monetary Policy Rate (MPR) at 14 per cent. The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele made this known at a news conference on Thursday, in...

November 15, 2018 No Responses

Nigeria Raises $2.86b Eurobonds

The Federal Government on Wednesday said it had raised 2.86 billion dollars three-series international bond under its Global Medium Term Note Programme. Mr Paul Abechi, Special Adviser to the Minister of Finance on Media and Communications disclosed this in ...

November 14, 2018 No Responses

CBN Boosts Forex Market With $210m

In its latest round of intervention, the Central Bank of Nigeria (CBN) on Tuesday, November 13, 2018, injected the sum of $210 million in the inter-bank foreign exchange market. Figures obtained from the CBN indicate that the authorized dealers in...

November 13, 2018 No Responses

SEC Reiterates Commitment To Boost Capital Market Curriculum

The Securities and Exchange Commission (SEC) has restated its commitment to further educate and enlighten investors in the Nigerian capital market to enhance their ability to make informed investment decisions. The Acting Director General of SEC, Mary Ud...

November 6, 2018 No Responses

Naira Appreciates Against Dollar

The Naira on Monday gained 10 kobo to exchange at N363.64 to the dollar at the investors’ window, stronger than N363.74 posted on Friday. Market turnover at the investors’ window stood at 231.24 million dollars, higher than 226.35 million dollars...

November 3, 2018 No Responses

CBN Injects $337.16m, 56.17m CNY Into Retail Secondary Market Intervention Sales

The Central Bank of Nigeria (CBN) on Friday said it injected 337.16 million dollars in the retail Secondary Market Intervention Sales (SMIS) in its first intervention in the inter-bank foreign market for November. A statement issued in Abuja by Isaac...

November 1, 2018 No Responses

How To Transform Societies, Change Lives Through Capital Markets, By Arunma Oteh

At the recent 58th Annual General Meeting of World Federation of Exchanges (WFE) in Athens, Arunma Oteh, Vice President of the World Bank took part in a fireside chat with Nandini Sukumar, CEO, WFE where Arunma spoke about how “exchanges...

October 22, 2018 No Responses

PFAs Invest N1.49t In Treasury Bills

Not less than N1.49 trillion have been invested by Pension Fund Administrators (PFAs) in Treasury Bills. According to the monthly National Pension Commission (PenCom) report released at the weekend in Abuja by its spokesman, Peter Aghahowa, the PFAs invested...