StockBrokers Archives — City Business News

July 29, 2023 No Responses

Seplat Energy Declares N278.3b Revenue In Six Months

Seplat Energy Plc, listed on the Nigerian Exchange Limited and the London Stock Exchange, has announced its unaudited results for the six months ended 30 June 2023, recording a rise in revenue by 3.8 per cent to N278.3billion from N219.2bn year-on-year. In a statement on...

January 24, 2023 No Responses

Stockbrokers Project Nigeria’s Economic Growth In 2023

Stockbrokers have assured the investing public that the economy has strong potential to bounce back this year. They said this at an event organised by Chartered Institute of Stockbrokers (CIS) on “The Nigerian Economic Review of 2022 and Outlook ...

September 23, 2022 No Responses

Stock Market Drops Further by N124b

The stock market closed on Thursday on a negative note as market capitalisation decreased by N124 billion or 0.47 per cent to close at N26.533 trillion from N26.657 trillion on Wednesday. The All-Share Index (ASI) also dropped by 231.57 points...

May 5, 2022 No Responses

Oluwole Adeosun Emerges President Of Stockbrokers’ institute

Mr Oluwole Adeosun has emerged new President and Chairman of the Governing Council of the Chartered Institute of Stockbrokers (CIS)l, Adeosun, the institute’s former 1st Vice succeeded the erstwhile President, Mr Olatunde Amolegbe at an ele...

October 19, 2021 No Responses

NGX Opens Week With N153b Loss On MTNN, Nestle Loses

Trading in the domestic bourse resumed for the week on Monday with bearish sentiments due to profit-taking in bellwether stocks – MTNN and Nestle. Specifically, the market capitalisation lost N153 billion or 0.71 percent to close at N21.471 trillion from.....

June 11, 2021 No Responses

NGX Unveils Enhanced Brokers Performance Ranking Report

By citybusinessnews@yahoo.com — Nigerian Exchange Limited (NGX) has launched an enhanced broker performance ranking report designed to provide detailed insight into the performance of Trading License Holders across asset classes and improve participatio...

February 10, 2021 No Responses

Stockbrokers Project Positive Outlook For Nigerian Capital Market In 2021

Participants at the annual economic review of the Chartered Institute of Stockbrokers (CIS) on Tuesday projected a positive outlook for the Nigerian capital market and the economy in 2021. They also identified certain factors that must be addressed to achieve....

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 &...

October 26, 2020 No Responses

CIS Tasks FG On Capital Market Investment Opportunities

The Chartered Institute of Stockbrokers (CIS) on Sunday urged the Federal Government to leverage investment opportunities in the capital market for medium and long-term capital to bridge infrastructure deficit. The CIS President, Mr Olatunde Amolegbe, in...

June 24, 2020 No Responses

Stockbrokers Task FG On Fixed Income Securities

Stockbrokers on the Nigerian Stock Exchange have called for more issuance of fixed income securities by the government to finance infrastructure deficit. They described the recent over-subscription of Sukuk Ijarah, issued by the Federal Government, as a clear ...

May 31, 2020 No Responses

Stockbrokers Implore Nigerians On FG’s N150b Sukuk

The Chartered Institute of Stockbrokers (CIS) has urged Nigerians to support the Federal Government’s growth initiatives by subscribing to its N150 billion Sukuk. The N150 billion Sukuk, a profitable financial instrument presently on sale to the investing pu...