Stock Exchange

The losing streak of the Nigerian Stock Exchange (NSE) extended on Wednesday with the market capitalisation dropping further by N6 billion.Specifically, the market capitalisation which opened at N18.310 trillion lost N6 billion to close…

Ethiopia has drafted a bill to create a stock market authority that will come into effect before the end of the year, according to the Ministry of Finance.Ethiopia is among the biggest five economies in sub-Saharan Africa and the…

Airtel Africa Plc on Tuesday listed on the Nigerian Stock Exchange (NSE), promising to build leadership position that would create values to all stakeholders.Mr Segun Ogunsanya, the Chief Executive Officer and Managing Director, Airtel…

The Nigerian Stock Exchange (NSE) on Tuesday finally approved the listing of MTN Nigeria shares on the nation’s bourse.A senior management at the NSE, who pleaded anonymity, told the News Agency of Nigeria (NAN) in Lagos that MTN…

The free fall of equities persisted on the Nigerian Stock Exchange (NSE) in the month of August with investors net worth depreciating further by 5.86 per cent.Data obtained by the News Agency of Nigeria (NAN) from the exchange showed…

Investors on the Nigerian Stock Exchange (NSE) lost N2.49 trillion or 15.64 per cent between January and July, a development experts attribute to the political uncertainty in the country.The financial experts who spoke to the News…

The market capitalisation of the Nigerian Stock Exchange (NSE) lost N416 billion in five trading days due to exit of foreign investors following delay in 2018 budget passage.Market statistics obtained by the News Agency of Nigeria (NAN)…

The market indices of the Nigerian Stock Exchange (NSE) closed for Easter holiday with a growth of 0.05 per cent to sustain a positive trend.The News Agency of Nigeria (NAN) reports that the All-Share Index rose by 13.3 points or 0.05…

The All-Share Index appreciated by 13.8 basis points to close at 25,460.45 points from 25,446.66 basis points it opened for trading, bringing equities market performance year-till-date to -4.95 percent as stock  market activities on…

Activities at the Nigerian Stock Exchange (NSE) ended for the week on a negative streak on Friday with the market capitalisation shedding N54 billion amid price loses.The News Agency of Nigeria (NAN) reports that market capitalisation…

The Ondo state Governorship aspirant, Mr Jimoh Ibrahim, in a speech delivered at a book launch in Obafemi Awolowo University said the economic situation of Nigeria may linger for the next 20 years.Nigeria's current economic situation is…

Market indicators of the Nigerian Stock Exchange (NSE) on Thursday rebounded by 0.08 per cent, reversing the two-day downward trend.The News Agency of Nigeria (NAN) reports that the index improved by 22.50 points or 0.08 per cent to…

The Economic recession has seen a turn for the worse as most deposit and insurance  banks are planning  to close down some of its branches as it has become unprofitable to keep them open.According to the Punch, Investigations show that…

Union Dicon Salt (UDS) on Monday unveiled 100 million dollars expansion programme initiatives aimed at enhancing the company's profitability level and shareholders' value.The company's Managing Director, Mr Chuka Mordi, said this at the…

Speaker, House of Representatives Yakubu Dogara on Friday said that the parliament would strengthen capital market laws to empower regulators to sanction erring operators.Dogara said this at a news conference in Lagos after ringing the…

The market indices of the Nigerian Stock Exchange (NSE) on Tuesday rebounded by 2.27 per cent as investors reacted positively to the implementation of the new foreign exchange regime.The News Agency of Nigeria (NAN) reports that market…

The Naira on Tuesday appreciated further against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports.The Nigerian currency gained N9 at the close of trading on Tuesday to exchange at N335, from N344 it traded on…

Stakeholders in the capital market say they plan to meet with President Muhammadu Buhari on how to stabilise the capital market through friendly policies that can boost liquidity.Mr Emeka Madubuike, President, Association of…

The Nigerian equities market closed the Monday on a positive note as the Nigerian Stock Exchange (NSE) All share Index (ASI) appreciated by 0.72 per cent to close at 26,728.64 points as against the 1.54 per cent depreciation recorded…

Capital market analysts have put the total loss incurred at 20 per cent for the period between May 29 and now following the sustained negative performance of equities on the Nigerian Stock Exchange, especially through the second quarter to…