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.
Investors lose N506 billion as prices of 60 equities nosedive
Investors in the Nigerian Stock Exchange, NSE, lost N506 billion of their investment this week following price loss in 60 companies.
Investors’ wealth down N84bn on price drop in 42 equities
Investors in the Nigerian Stock Exchange, NSE, today recorded N84 billion losses on their investment as price of 48 equities, led by Lasaco Assurance Plc and Japaul Oil and Maritime Services Plc, depreciated in price.
CBN injects another $210m into foreign exchange market
The Central Bank of Nigeria (CBN) in its quest to guarantee the availability of foreign exchange for customers’ needs has injected another 210 million dollars into the foreign exchange market.
Japaul remains investors toast, records 53.97% gains
Japaul Oil and Maritime Services Plc remained the investors toast throughout this week as its share price rose by whopping 53.97 percent to lead 44 other equities that recorded price gain.
NSE: Japaul, Unilever, others buoy equities market by 0.32%
Gains recorded today in some heavily capitalised stocks, including Unilever Nigeria Plc, Stanbic IBTC Holdings Plc, Cadbury Nigeria Plc buoyed equities performance by 0.32 percent after the market recorded temporary correction on Wednesday.
23 equities drag NSE capitalisation down by N236bn
The Nigerian Stock Exchange, NSE, today halted the four day winning streak following massive sell-off on the shares of 23 companies, resulting in loss of N236 billion in investors’ wealth.
Unilever, Caverton lead as investors gain N35bn
The Nigerian Stock Exchange, NSE, today continued its uptrend for a second day in a row following gains in 26 equities, which resulted in rise in the market capitalisation by N35 billion.
Caverton, Japaul lead gainers on Exchange
The uptrend on the Nigerian Stock Exchange, NSE, continued for a second day in a row as Caverton Offshore Group Plc and Japaul Oil and Maritime Services Plc lead the pack of gainers.
Free floats of shares: 14 companies may face Stock Exchange sanction
THERE are indications that 14 companies may face sanction from the Nigerian Stock Exchange, NSE, following the companies’ inability to comply with the NSE’s minimum post-listing requirement with regards to free float of shares to the investing public.
Foreign investors inject $10.6bn in I&E in 2 months
FOREIGN investors have injected $10.6 billion into the economy through the Investors and Exporters (I&E) window since the beginning of the year, even as they intensified demand for Nigerian Corporate Eurobonds listed on the London Stock Exchange (LSE).
Equities in marginal gain as Japaul, Unity Bank rise
The equities market this week recovered the losses recorded in the previous week as investors continue to demonstrate positive sentiment towards some penny stock.
NSE: FTN Cocoa, Vitafoam lead losers as investors take profitability
FTN Cocoa Processing Plc and Vitafoam Plc today led 29 othet losers on the Nigerian Stock Exchange, NSE, as investors take profits from gains made in the last four trading days.
CCNN, Dangote Cement drive NSE capitalistion by N37bn
Gains recorded in two cement manufacturing interests namely, Dangote Cement Plc and Cement Company of Northern Nigeria, CCNN, today drove the Nigerian Stock Exchange, NSE, market capitalisation to a positive close after five days of negative activity.
NSE: Investors dump Africa Prudential shares despite 68% profit growth
Investors in the Nigerian Stock Exchange, NSE, today dumped the shares of Africa Prudential, Plc despite an impressive full year financial result for period ended December 31, 2017.
Nigerian Stock Exchange: Japaul Oil, Unity Bank top gainers
After declining by 16 percent in response to the Nigerian Stock Exchange, NSE, par value rule that allows stock to trade to as low as one kobo, Japaul Oil and Maritime Services Plc, today rebounded by 9.52 percent following profit taking by investors that had earlier booked some profits.
