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.
Nigerian Stock Exchange halts losing streak on GSK, Japaul Oil gains
The three days losing streak on the Nigerian Stock Exchange, NSE, was halted today following the buy pressure on 29 entities led by GlaxoSmithKline, GSK Plc and Japaul Oil and Maritime Services Plc.
NSE: Investors lose further N68bn on 35 equities decline
Investors in the stock market today lost another N68 billion from their investment as the free fall in the market continues.
Bearish sentiment persists as 31 equities shed weight
The bearish sentiment on the Nigerian Stock Exchange, NSE, persisted Tuesday with the prices of 31 equities tumbling.
Investors dump Cadbury shares despite 200% profit growth, dividend
Investors in the Nigerian Stock Exchange, NSE, Monday dumped the shares of Cadbury Nigeria Plc after the issuer reported 200 percent growth in profit after tax, PAT, for the year ended December 31, 2017 and recommended16 kobo dividends for the year.
CBN sustains foreign exchange market liquidity with $210m
The Central Bank of Nigeria (CBN), on Monday injected 210 million dollars into the inter-bank Foreign Exchange Market, in its bid to sustain liquidity in the foreign exchange 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.
