Stock Market – Page 17 – City Business News

June 23, 2018 No Responses

Investors Stake N4.85B On UBA, Zenith, FBN Holdings In Four Days

For the week ended June 22, 2018, trading in the shares of United Bank for Africa Plc (UBA), Zenith International Bank Plc and FBN Holdings Plc accounted for 325.580 million shares worth N4.854billion in 3,381 deals, contributing 29.68% and 31.37%...

June 21, 2018 No Responses

CBN Lifts Forex Market With $210 Million

The Central Bank of Nigeria (CBN) has boosted the foreign exchange market with 210 million dollars to meet customers’ requests in various segments. A statement issued by Mr Isaac Okorafor, Acting Director, Corporate Communications on Wednesday explained ...

June 20, 2018 No Responses

Naira Converges At N360 To Dollar

The Naira on Tuesday converged at N360 to the dollar across the major foreign exchange market, the News Agency of Nigeria(NAN) reports. At the parallel market, the naira traded at N360 to a dollar, stronger than the N360.6 exchanged before...

June 15, 2018 No Responses

Investors Stake N18.4b On Shares In Four Days

The floor of Nigerian Stock Exchange (NSE) recorded a total turnover of 1.738 billion shares worth N18.462 billion in 14,790 deals between Monday and Friday this week. It’s a four-day trading session this week as the Federal Government of...

June 15, 2018 No Responses

CBN Lifts Retail SMIS With $343.06m Forex

The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank of Nigeria (CBN), following the Bank’s intervention in the Foreign Exchange market on Thursday, June 14, 2018. Figures obtained from the Ban...

June 14, 2018 No Responses

Naira Firms Up Against Dollar At Parallel Market

The Naira on Wednesday gained 50 kobo to firm against the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports The Nigerian currency exchanged at N361 to the dollar, stronger than the N361.50 traded on...

June 9, 2018 No Responses

WFE Explains Renewed Focus On Growth In Capital Markets

The World Federation of Exchanges (WFE) on Friday co-hosted a symposium with the Shanghai Stock Exchange (SSE) on the future of global capital markets. Held in Shanghai, the event brought together WFE members and industry stakeholders to focus on three...

June 5, 2018 No Responses

CBN Approves Wider Margin For BDCs, Offers $100m To Wholesale Segment

The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin available to operators of Bureau De Change (BDC) in the country. Consequently, BDC operators are now to buy the United States dollar from the CBN...

June 2, 2018 No Responses

Investors Stake N70.2B On Stanbic IBTC, Access Bank, Zenith Bank In Four Days

For the week ended June 1, 2018, transactions in Stanbic IBTC Holdings Plc, Access Bank Plc and Zenith Bank International Plc (measured by volume) accounted for 1.626 billion shares worth N70.285 billion in 2,882 deals, contributing 60.23% and 82.91% to...

June 1, 2018 No Responses

Oscar Onyema: My Strategic Agenda As ASEA President Is To Build Capacity

The Chief Executive Officer of Nigeria Stock Exchange (NSE) and President of African Securities Exchanges Association (ASEA), Oscar Onyema has identified capacity building as key component of his administration. In a chat with the World Federation of Exch...

June 1, 2018 No Responses

NSE, London Stock Exchange To Host Dual Listing Conference In Lagos

The Nigerian Stock Exchange (NSE), in partnership with London Stock Exchange Group (LSEG) will host the 5th edition of the NSE-LSE Dual Listing Conference on Friday, June 1, 2018, at Wheathbaker Hotel, Ikoyi, Lagos, Nigeria. This year’s conference themed, ...