Tag: Stock Market

NSE Admits N10.69B FGN Green Bond, Implores Nigerians On $3trn Infrastructure Deficit
July 21, 2018 No Responses

NSE Admits N10.69B FGN Green Bond, Implores Nigerians On $3trn Infrastructure Deficit

The Nigerian Stock Exchange (NSE) said on Friday that the 3 trillion dollars required to provide infrastructure for the next 25 years could be addressed with Green Bond issuance.    Mr Oscar Onyema, NSE Chief Executive Officer, stated this at...
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GTBank, Okomu Oil, FBN Holdings, Oando, Others Sustain Sliding Profile
July 19, 2018 No Responses

GTBank, Okomu Oil, FBN Holdings, Oando, Others Sustain Sliding Profile

More firms on the floor of Nigeria Stock Exchange (NSE) sustained sliding profile on Wednesday as Bears maintained dominance for the third consecutive trading days.   At the end of the day’s trading, the All-Share Index lost 215.52 points or 0.58...
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Capital Market Forum Explores Strategies, Best Practices To Tackle Cyber Threat
July 18, 2018 No Responses

Capital Market Forum Explores Strategies, Best Practices To Tackle Cyber Threat

The Nigerian Stock Exchange (NSE) has announced  its bi-annual Nigerian Capital Market Information Security Forum (NCMISF), themed, “Social Engineering, The Neglected Human Factor”, will hold on Wednesday, July 25, 2018, at the NSE Event Center, 2/4 Custo...
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CBN Injects $210m Into Foreign Exchange Market
July 11, 2018 No Responses

CBN Injects $210m Into Foreign Exchange Market

The Central Bank of Nigeria (CBN), on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange market to meet customers’ requests in various segments of the market.   The CBN acting Director, Corporate Communications, Mr Isaac Okoroafor sai...
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Naira Stable At N360/$ At Parallel Market
July 3, 2018 No Responses

Naira Stable At N360/$ At Parallel Market

The Naira maintained N360 to the dollar at the parallel market on Monday in Lagos, the News Agency of Nigeria (NAN) reports.  The Nigerian currency had been trading at N360 to the dollar for four days running, while the Pound...
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Nigeria Injects Another $210m Into Forex Market
June 27, 2018 No Responses

Nigeria Injects Another $210m Into Forex Market

The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the inter-bank foreign exchange market.  The CBN, in its quest to meet demands in the various segments of the...
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SEC Nigeria Assures Foreign Investors of Dynamic, Transparent Market
June 25, 2018 No Responses

SEC Nigeria Assures Foreign Investors of Dynamic, Transparent Market

The Securities and Exchange Commission (SEC) Nigeria, has assured foreign investors of the safety of their investments in the Nigerian capital Market.   In a chat with representatives of JP Morgan and Stanbic IBTC who visited the Commission in Abuja weekend,...
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Investors Stake N4.85B On UBA, Zenith, FBN Holdings In Four Days
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%...
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CBN Lifts Forex Market With $210 Million
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 ...
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Naira Converges At N360 To Dollar
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...
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Investors Stake N18.4b On Shares In Four Days
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...
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CBN Lifts Retail SMIS With $343.06m Forex
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...
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Naira Firms Up Against Dollar At Parallel Market
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...
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WFE Explains Renewed Focus On Growth In Capital Markets
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...
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