Equities in downward spiral as investors’ doubts persist, lose N38bn
Investors refrained from high trading on the floor of the Nigerian Stock Exchange yesterday as they wait to see the direction of the
A stock and a hard place: SoftBank’s $150 billion Alibaba warchest in public eye
SoftBank CEO Masayoshi Son threw cold water on Wednesday on the idea of cutting his firm’s $150 billion stake in e-commerce giant
China scraps foreign investment limit in stock, bond markets
China removed one more hurdle for foreign investment into its capital markets almost 20 years after it first allowed access. Global
Stockbroker welcomes CBN clarification on MTN-bank sanctions
David Adonri, the managing director of High Cap Securities Limited and a renowned stockbroker of the Nigerian Stock Exchange Thursday
Nigeria bourse suspends Paints and Coatings Manufacturers’ shares as firm prepares to delist
The ordinary shares of Paints & Coatings Manufacturers Plc. have been suspended from trading on the floor of the Nigerian Stock
Nigerian equities market ends week in red as index dips 2.84% on sell-offs across sectors
The Nigerian equities market Friday closed the week negative as the benchmark index lost 1.01 percent to record 2.84 percent
Analysts expect the bullish trend to be sustained this week
In the money market, the open buyback (OBB) and overnight (ON) rates declined w-o-w due to changes in system liquidity attributable to
West African exchanges converge for seamless cross border listings
The West African Securities Regulatory Authorities (WASRA) has agreed to converge existing rules of Capital Market regulatory agencies
Nigerian stocks rally by 27bps
The local bourse reversed its negative performance from the previous session as the All Share Index (ASI) rose 27bps to close at
Nigeria equities market opens week in green as index expands marginally 0.08%
The Nigerian equities market Monday closed green as benchmark index added 0.08% to settle at 37,974.58 points. The day’s positive