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: Aiico Insurance, Unity Bank lead N327bn gains
Activities in the Nigerian Stock Exchange, NSE, closed upbeat this week following sustained interest in the shares of some mid- cap stocks, particularly the banking stocks. Breakdown of the week’s transaction showed that 49 emerged gainers higher than 30 of the previous week led by Aiico Insurance Plc, Unity Bank Plc, Wema Bank Plc, C&I […]
NSE: Insurance stocks tumble further as Lasaco, Afrinsure lead 33 losers
The shares of insurance companies today continued a free fall following the implementation of the new pricing rule by the Nigerian Stock Exchange, NSE. The new pricing rule will see the prices of over one third of the quoted companies falling to as low as one kobo after the initial floor price of 50 kobo […]
NSE: Investors swoop on FMN shares on impressive Q3 earnings report
Investors in the stock market today swooped on the shares of Fast Moving Consumer Goods company, Flour Mills of Nigeria Plc, after the company reported significant increase in all measurement indicators for its nine month ended December, 31, 2017.
Stock market declines by N156bn on GSK, Caverton losses
Investors in the Nigerian Stock Exchange, NSE, lost a whopping N156 billion following heavy sell-off on the shares of 30 companies.
Nigerian Stock Exchange: 43 stocks shed weight as equities continue downtrend
A total of 43 stocks depreciated in price at the end of transactions today even as profit taking continued into the third day in the week.
