Nigerian Equities Market closed in the green as the ASI appreciated by 36bps to 26,872.09 points owing to price appreciation in MTNN (+0.8%), DANGCEM (+0.6%) and...
The Central Securities Clearing System (CSCS) Plc has launched a web-based application tagged “Regconnect” to ensure easier communication with registrars in the Nigerian capital market. Mr...
The Chairman of the board of the Securities and Exchange Commission (SEC), Mr Olufemi Lijadu, has stressed the need for exploration of the country’s non-oil sector...
Africa Finance Corporation AFC, the leading investment-grade infrastructure solutions provider, today announces the closing of its inaugural US$140,000,000 Kimchi Term Loan Facility (“Facility”). This Facility is...
Following gains in NIGERIAN BREWERIES (+6.1%), FBNH (+8.2%) and UBA (+7.6%), the ASI rose 14bps to 26,776.15 points. Consequently, YTD performance softened to -14.8% while market...
The ASI gained 18bps to 26,739.44 points following buying interest in MTNN (+0.7%), UBA (+2.1%) and NIGERIAN BREWERIES (+1.0%). Consequently, YTD performance moderated to -14.9% while market capitalisation advanced...
Former Minister of State for Defence Ademola Seriki has had his assets taken over by Asset Management Corporation of Nigeria over the non payment of his...
The Central Bank of Nigeria (CBN), has intervened in the Retail Secondary Market Intervention Sales (SMIS), to the tune of $341.75 million in addition to CNY14.7...
At the start of trading this week according to a report by Afrinvest note to investors said that bargain hunting in fundamentally sound stocks buoyed market...
The World Bank has released the names of fifteen countries where extreme poverty has been reduced but Nigeria is not on the list of these countries....
Gains in Zenith, Guaranty Trust Bank and Access Bank pushed the Nigerian Equities market into the positive mode. At the trading floor Bullish sentiment pushed the...
The Edo State Governor, Mr. Godwin Obaseki has presented a budget proposal of N177.601bn to the Edo State House of Assembly for the 2020 fiscal year,...
The Edo Police Command has denied reports of robbery attempt at the Central Bank of Nigeria (CBN), Benin. DCP Ayoola Ajala, Deputy Commissioner of Police in...
Federal Reserve Chairman Jerome Powell on Wednesday told Congress that interest rates are on hold absent a material deterioration of the economy. “We see the current...
Trading at the Nigerian Equities market saw a dip in prices of shares of three companies, Dangote Cement, Guaranty Trust Bank and Seplat that reversed the...