SEC warns against infractions in capital market
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has stated that the Commission will enforce the full extent of the law against individuals and entities that engage in activities that violate established regulations in the capital market.
NSE compensates 49 investors with N17.02m
The Nigerian Stock Exchange, NSE, on Tuesday, said it compensated no fewer than 49 investors who suffered pecuniary losses to dealing member firms in the course of their transactions in the capital market with N17.02 million.
Stock market records new high as investors gain N299bn in one day
By Peter Egwuatu The stock market Monday recorded a new high after five months of low activity as the benchmark index, Nigerian Stock Exchange, NSE All Share Index gained 2.1 percent to close at 27,554.56 points from 26,985.77 points on Friday. In similar vein, another major stock market gauge, market capitalisation up N299.0 billion to […]
Our difficulties in Apapa traffic, port road reconstruction —Task Force
VICE Chairman of the Presidential Task Force on Apapa Port Access Roads, Mr. Kayode Opeifa, has said that truck drivers and miscreants had hindered the efforts to reconstruct the Apapa port road and ease the traffic in the area.
Equities halt losing trend, as 11Plc plans delisting
Nigerian Stock Exchange, NSE, on Tuesday, halted the over a month losing streak as investors gained N232 billion propelled by banking stocks.
Investors lose N517bn in 2 days over coronavirus announcement
The equities market recorded another huge sell-off today following the announcement, Friday, of first coronavirus case in Nigeria with investors losing N219 billion at the close of trading.
GTBank’s profit up by 7.5% to N231.7bn
Guaranty Trust Bank, GTBank, Plc has recorded a 7.5 percent growth in its Profit Before Tax, PBT, for the financial year ended December 31, 2019, posting N231.7 billion from N215.6 billion recorded in the corresponding period of 2018.
Sell-off in MTN, Ecobank drags equities down by 0.22%
The equities market sustained its bearish performance on Wednesday, on the back of sell-off on the shares of MTN Communication Nigeria Plc and Ecobank Transnational Incorporated, ETI.
FG plans more incentives to boost capital market
Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has promised that the federal government would introduce more tax incentives to boost investment in the Nigerian capital market.
STOCK: AIICO Insurance, Ikeja Hotels lead, as equities rise N24bn
Activities on the Nigerian Stock Exchange, NSE, ended on a positive note on Thursday, with investors gaining N24 billion to halt almost three weeks of bearish trend.
Investors lose N153.6 bn amid sell-offs in blue-chip companies
Investors in the nation’s stock market on Monday (today) lost over N153.6 billion of their investment following the sell-offs of blue chip companies on the Nigerian Stock Exchange, NSE.
Stock investors lose N207bn in 2 days
The equities market went down for two straight days yesterday following losses in some blue chip companies with investors losing N207 billion for the two days running.
Profit taking continues as equities market down by 0.6%
The equities market sustained Tuesday’s loss as the Nigerian Stock Exchange, NSE All-Share Index declined 0.6 percent or 59 bases points, bps to 29,378.63 points due to profit-taking, assets repricing, and portfolio re-balancing.
Losses in blue chip companies drag equities market down 0.3%
The equities market on the Nigerian Stock Exchange, NSE resumed trading today( Monday) in the red as losses in some blue chip companies significantly impacted on the market bench mark index ,All Share Index, ASI to close lower by 0.3 percent.
BUA, Seplat, Dangote Cement lift NSE Index higher by 0.5%
The equities market on the Nigerian Stock Exchange, NSE ended today’s session Thursday in the green as the All Share Index, ASI gained 45 bases points, bps or 0.5 to settle at 29,591.29 points
Profit taking drags equities market down by 0.8 %
Profit taking by investors on Tuesday dragged down equities trading on the Nigerian Stock Exchange, NSE as major market index, All Share Index declined by 0.8 percent or 83 bases points, bps.
