Stock Market Archives — Page 17 of 38

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 Bank...

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, ...

June 1, 2018 No Responses

Experts Highlight Role Of Exchanges In Preserving Market Integrity

The World Federation of Exchanges (WFE) panel on Thursday at a special meeting in London focused on the role of its members in preserving market integrity. According to WFE, the ongoing debate will focus on the key themes in...

May 31, 2018 No Responses

CBN Sustains FOREX Market Intervention With $210M

The Central Bank of Nigeria (CBN), on Wednesday, May 30, 2018, again sustained its supply in the inter-bank Foreign Exchange market with the sum of $210 million The Bank offered the sum of $100 million to authorized dealers in the...

May 29, 2018 No Responses

Emefiele Inspects Dollar Sales In Abuja

Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), on Monday paid an unannounced visit to First Bank, UBA and Zenith banks offices in Abuja to inspect sales of foreign currencies to customers. He said that the visit was...

May 27, 2018 No Responses

Sixty-One Equities Depreciates In Price As Investors’ Stake Drops By N416B In One Week

For the trading week ended May 25, 2018, Sixty-One equities on the floor of Nigeria Stock Exchange (NSE) depreciated in price, higher than fifty-four (54) of the previous week, while ninety-four (94) others remained unchanged lower than ninety-five (95) record...

May 19, 2018 No Responses

Investors Stake N14.2Billion On Zenith Bank, GTBank, UBA In Five Day

Between Monday and Friday this week, investors on the floor of Nigeria Stock Exchange (NSE) staked N14.159Billion on Zenith Bank Plc, Guaranty Trust Bank Plc and United Bank for Africa Plc. Transactions in the Top Three Equities accounted for 491.649...

May 10, 2018 No Responses

Forum Explores SME Access To Funding Through Capital Markets

The public sessions of the International Organization of Securities Commissions (IOSCO) opened on Thursday with special focus on Small and Medium Enterprises (SME) access to funding through capital markets. Members also explored the sale of unsuitable produc...

May 10, 2018 No Responses

AMERC Lauds SEC As Nigeria Hands Over To Kenya

The Securities and Exchange Commission (SEC) Nigeria has been commended on its tirelessness, professionalism and dedication among others while it hosted the secretariat of the Africa and Middle East Regional Committee (AMERC) of the International Organisation ...