Stock Market – Page 9 – City Business News

February 18, 2021 No Responses

NTA To Display NSE Ticker Tape

Investors and viewers of the Nigerian Television Authority (NTA) stations will now be able to see the daily price information of securities trading on the Nigerian Stock Exchange (NSE). The NSE Chief Executive Officer, Mr Oscar Onyema, said this at...

February 12, 2021 No Responses

Market Capitalisation Recovers N167b

After days of persistent bearish trend, transactions on the nation’s bourse rebounded on Thursday by 0.78 per cent following buying interest in Dangote Cement. Specifically, the All-Share Index rose by 318.29 points or 0.78 per cent to close at 41,014....

January 30, 2021 No Responses

Ecobank Group Declares N630b Revenue In 2020

For the year December 31st, 2020, Ecobank Group recorded a revenue of over N630 billion, representing 7% growth when compared to N586.9 posted in the corresponding period of 2019. In its unaudited report submitted to the Nigeria St...

January 27, 2021 No Responses

MPC: Experts Laud CBN’s Rates Retention

The Association of Capital Market Academics of Nigeria (ACMAN), on Tuesday said that rates retention by the Monetary Policy Committee (MPC) was in line with market expectations. ACMAN President, Prof. Uche Uwaleke, disclosed this in an interview with the News....

January 12, 2021 No Responses

Renewed Investors’ Interest Lift Market Capitalisation To N20.99trillion

Transactions on Nigerian Stock Exchange (NSE) resumed on Monday on a positive note following investors’ interest in medium and large capitalized stocks. Specifically, the All-Share Index increased by 30.56 points or 0.08 ...

January 9, 2021 No Responses

Demutualisation: NSE Inaugurates Claims Review Panel

Ahead of its demutualisation, the Nigerian Stock Exchange (NSE) has inaugurated a ‘Claims Review Panel’, pursuant to the provisions of the NSE Demutualisation Act 2018. NSE President, Otunba Abimbola Ogunbanjo in a statement on Friday explained that&n...

December 31, 2020 No Responses

Experts Seek Friendly Monetary Policies To Sustain Stock Market Growth In 2021

As the nation’s bourse winds down for 2020 in green, capital market experts have called for an accommodative monetary policies to support economic growth. They said this in series of interview with the News Agency of Nigeria (NAN) in Lagos,...

December 24, 2020 No Responses

NSE Market Capitalisation Crosses N20tr Mark

Trading activities on the Nigerian Stock Exchange (NSE) sustained positive mood on Wednesday for the eighth successive session, with the market capitalisation crossing the N20 trillion mark. The sustained rally was as a result of buying interests in some...

December 23, 2020 No Responses

Dangote Cement, UBA, Zenith Bank Sustain NSE Rally By N235b

The Nigeria Stock Exchange (NSE) on Tuesday recorded its seventh consecutive gain, appreciating further by N235 billion following buying interests in Dangote Cement, United Bank of Africa and Zenith Bank stocks. Specifically, the market capitalisatio...

December 18, 2020 No Responses

SEC Nigeria, FSD Africa Begin Master Plan Review

By ebosele@hotmail.com — The Securities and Exchange Commission, Nigeria (SEC Nigeria) and Financial Sector Deepening (FSD) Africa on Thursday announced the start of a joint review of Nigeria’s 10-year Capital Markets Master Plan (CMMP) as part of...

December 3, 2020 No Responses

SEC Urges Collaboration On Commodities Trading Ecosystem

The Securities and Exchange Commission, has urged for collaboration with the Standards Organisation of Nigeria by advocating for speedy approval and publication of standards relevant to the commodities trading ecosystem. This was stated by the Director G...

December 1, 2020 No Responses

Nigeria Stock Market Resumes December With N55b Gain

The Nigeria stock market on Tuesday sustained bullish sentiment to open the month of December with N55 billion growth due to buying interests in Tier 1 banks. Consequently, the market capitalisation rose by N55 billion or 0.30 per cent to...

November 29, 2020 No Responses

NSE Boss Tasks New Stockbrokers On High Standards

The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema, on Saturday tasked newly qualified stockbrokers to uphold the highest ethical standards in their professional practice. Onyema, gave the advise in a statement issued &...

November 25, 2020 No Responses

CBN Retains MPR At 11.5 %

The Central Bank of Nigeria (CBN) on Tuesday announced retention of the country’s Monetary Policy Committee Ratio (MPR) at 11.5 per cent. Mr Godwin Emefiele, the CBN governor made this known, while presenting a communique of the banks 133rd Monetary...