Continental Reinsurance Plc has reverted to a private limited liability company after two decades of operating as a public limited liability company.
The stock market bounced back today to retain its N15 trillion mark as the All-share index moved up by 1% to close at 29,352.13 index points.
Beta Glass, Cornerstone Insurance, Glaxosmith, Forte Oil and Transcorp made the ranks of stocks that recorded positive growth on the floor of the Nigerian Stock Exchange (NSE) on Wednesday. #BETAGLASS,#FORTEOIL,#TRANSCORP
The alleged loan scam rocking Lekoil Limited has eaten deep into the fabrics of the firm's shares, as the stock down by 73%, when it closed at 2.50 pence on the London Stock Exchange on Tuesday. #LEKOIL, #LSE
Akon will now have his own City situated in Senegal after finalising agreement with the government of Senegal.
The decision of the AGF and Minister of Justice to drop its $2 billion tax claim against MTN Nigeria has affected the company’s shares.
The NSE has disclosed that it would hold its annual review/market recap for 2019 on the performance of the market and give an outlook for 2020.
The Bulls are still dominant on the floor of the Nigerian Stock Exchange as the All-share index grew by 3.54%.
The Nigerian Stock Exchange (NSE) ended 2019 bearish as All-Share index posted a loss of 14.09%.
Bank stocks attracted significant trades on the bourse today as UBA, Zenith Bank, and others topped the ranks of actively traded stock.
NSE traded in positive territory on Friday as the market indicator grew 0.38% to close at 26,968.79 index points.
It is no longer news that interest rates are falling across all tenors in Nigeria and the world over. Some countries in the West are already seeing negative interest rates. Yield hungry investors and retirees who depend on interest yields on their retirement accounts are scratching their heads thinking of what to do. So, with interest rates heading south, what should you do?
The Bulls were dominant on the floor of the stock market today as the market indicator grew by 0.73% to close at 26,609.34 index points.
Bisi Fayemi, First Lady of Ekiti state has called on the Federal Government to ban imported Aso-Oke fabrics saying it would boost economic growth.
The Nigerian capital market, like other global markets, will continue to be impacted by macroeconomic trends. Given the prevailing challenging economic conditions the country is facing, Nigeria’s equities market has experienced volatile daily gains and losses. #NSE #ETF