The stock market is ruled by times and seasons, which come and go. What time we are in and what season it is matter very much in what you buy and what you sell. A new season calls for a new technique as the ever changing market conditions warrant. What investing and trading technique that direct your actions in the market are determined by the prevailing conditions that rule the equities market.

Operators in the nation’s capital market have said that attracting new listings to the stock exchange requires developing a strong and reliable business and regulatory environment by the government. Speaking to Vanguard on the backdrop of continuous delisting of companies from the Nigerian Stock Exchange (NSE) either as a result of regulatory action or voluntarily by the company concerned, Mr. Emeka Okolo of Molten Trust Ltd, said the country should concentrate on attracting direct investment rather than portfolio investors, adding that growing the quantum of direct investment is what would result in new listings in the long run.

The banking sector gained N740 billion as a result of the reduction of the Cash Reserve Ratio, CBN from 31 to 25 per cent by the Central Bank of Nigeria, CBN recently. Recall that the CRR reduction was announced by the CBN following the implementation of a Treasury Single Account, TSA that mandated all commercial banks to return all government funds in their custody to the CBN.

AKWA Ibom State has petitioned Nigerian Press Council, NPC, and the Nigeria Union of Journalists, NUJ, over alleged disparaging publication against governor of Akwa Ibom State, Mr. Udom Emmanuel, by some local tabloids in the state with a view to calling the publishers of the said newspapers to order.

The banking industry and Nigerian capital market, have lost a guru, Chief Dennis Onyemaechi Odife, who died on Friday October 2, 2015, in Abuja.