Here’s why Continental Reinsurance is delisting from NSE
Continental Reinsurance Plc has reverted to a private limited liability company after two decades of operating as a public limited liability company.
FUGAZ lead actively traded stocks on Monday
The FUGAZ attracted a huge volume of trades on the floor of the stock market as they traded in 147.32 million shares at N2.68 billion.
Access, Zenith, Lafarge top actively traded stocks on Thursday
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, Forte Oil, Transcorp lead gainers’ chart on Wednesday
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
Lekoil’s stock drops by 73% on London Stock Exchange
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
NSE records first loss in 2020, as ASI dip 1.18%
The stock market traded bearishly on Tuesday for the first time this year, having dipped 1.18% of the All-Share index,
NSE to sustain growth in 2020, CEO assures
The Nigerian Stock Exchange (NSE) has assured that the growth trajectory witnessed since the beginning of the year would be sustained in 2020.
Akon to create own City, residents to trade with Crytocurrency
Akon will now have his own City situated in Senegal after finalising agreement with the government of Senegal.
MTN, UACN, Lasaco lead gainers chart on Monday
The stock market continued its trend of positive performance today as the All share index gained 0.74% to close at 29,633.58 index points
MTN stock rises in SA, as Nigeria’s AGF drop $2 billion tax claim charges
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.
Okomu, UACN, Ekocorp top gainers chart on Friday
Okomu Oil, C&I Leasing, UACN, Livestock Feed and Ekocorp Plc led the ranks of gainers on the flour of the stock market.
Equities: A bullish run to start the year
Following a bearish run in 2019, with a negative return of 14.6%, the local bourse began the year on a positive note.
NSE set to review 2019 market performance, give outlook for 2020
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.
FBNH, Berger, Conoil lead gainers’ chart on Wednesday
The Bulls are still dominant on the floor of the Nigerian Stock Exchange as the All-share index grew by 3.54%.
Top 10 stockbroking firms trade N1.35 trillion on stocks in 2019
The Nigerian Stock Exchange (NSE) ended 2019 bearish as All-Share index posted a loss of 14.09%.
UBA, Zenith, First Bank lead actively traded stocks on Tuesday
Bank stocks attracted significant trades on the bourse today as UBA, Zenith Bank, and others topped the ranks of actively traded stock.
FCMB, Cornerstone Insurance lead gainers’ chart
The Nigeria Stock Exchange (NSE) traded in positive territory today as the major market indicator, all share index witnessed 0.8% increase.
Bulls return to stock market, as bourse’s cap hits N13 trillion mark
NSE traded in positive territory on Friday as the market indicator grew 0.38% to close at 26,968.79 index points.
Chelsea FC posts N46.42 billion loss in 2019
Chelsea FC announced on New Year’s Eve that the Group recorded a loss of £96.6 million (N46.42 billion) for the year ended 30 June 2019.
NSE lifts suspension on Omatek Ventures’ shares
Omatek Ventures Plc has taken the required steps to unsuspend its shares on the Nigerian Stock Exchange (NSE).
What to do when interest rates are low in 2020
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?
Transcorp, GTB lead actively traded stocks as Bulls return on Monday
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.
SEC threatens to suspend outdated accounts, to address unclaimed dividends
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.
Nigeria’s Capital Market: Equities, ETFs, Bonds and Beyond
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
10 Actions That Can Make You a Succesful Investor
Find out ten trusted pecks that can jump you up on becoming a successful #investor. #Learn #Grow #mondaymotivation
How to build a profitable Mutual Fund Portfolio
How to build a profitable Mutual Fund Portfolio
Airtel Africa to raise $37.5 million in Malawi
Airtel Africa has announced it will be raising $37.5 million in Malawi as the telecommunication company plans an IPO in the country’s stock market.
Understanding securities lending
Securities lending is a process by which securities are temporarily transferred from one party (the lender) to another (the borrower).
Stock Market shed N197.35 billion on Monday
NSE lost N197.35 billion of its equity market capitalisation on Monday to close at N12.62 trillion from N12.81 trillion recorded last Friday.