The Securities and Exchange Commission (SEC), through its Acting Director-General, Mary Uduk, has said, during the third Capital Market Committee (CMC) Meeting that the commission has suspended the regularisation deadline for shareholders that opened accounts for the purchase of shares with different names, as this would enable other shareholders that are having challenges with their…
The Nigerian Bureau of Statistics (NBS) in a statement released on Monday said that, between January and September this year, the Nigerian economy attracted a total of $19.67bn worth of investments, and the said investments were from various sources. They are Foreign Direct Investment (FDI), which is made up of equity; portfolio investment made up…
Equities Market • The Nigerian Equity Bourse continued with its bullish run at the end of today’s trading activities, as NSE ASI and Market capitalization both increased by 0.16% to 27,035.78 Index Points and N13,048Billion respectively. Year-to-Date ASI is still at a Negative of 13.98%. • Volume, Value of trade and No of deals all…
It was reported by a Chinese tabloid on Monday, that China and the U.S were ‘very close’ to an initial trade agreement after both presidents reiterated their desire for a deal. European shares rose on Monday following reports on the deal between LVMH and Tiffany & CO. French luxury goods group, LVMH (LVMH.PA) rose 1.7%…
A new wave of asset divestment by some International Oil Companies (IOCs) is brewing at a time when the country is seeking more investments in the oil and gas industry. In a report made earlier this year, it was said that ExxonMobil had held talks on the sale of a suite of oil and gas…
The Securities and Exchange Commission (SEC) has made a move to end the use of banker’s confirmation form in processing e-dividend registration. The move was aimed at reducing the huge number of unclaimed dividends at the nation’s capital market which is currently put at N103 billion as at December 2017, as well as increasing the…
Equities Market The Nigerian Equity Bourse continued with an upward swing at today’s trading activity as NSE ASI and Market capitalization both increased by 0.14% to 26,776.15 Index Points and N12,923.98 Billion respectively. Year-to-Date ASI is still at a Negative of 14.81%. Volume, Value of trade and No of deals all declined by 32.21%, 53.34%…
Equities Market The Nigerian Equity Bourse recorded a positive rally from previous day market slide, as NSE ASI and Market capitalization both increased by 0.18% to 26,739.44 Index Points and N12,905.86Billion respectively. Year-to-Date ASI is still at a Negative of 14.93%. Both Volume of trade and Value of trade increased by 28.05% and 157.48% to…
Equities Market The Nigerian Equity Bourse recorded a downward swing, as NSE ASI and Market capitalization both decreased by -0.60% to 26,691.09 Index Points and N12,882.52 Billion respectively. Year-to-Date ASI is still at a Negative of 15.08%. No of trade, Volume of trade and Value of trade all reduced by 17.61%, 34.47% and 54.56% to…
Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 1.84% to 26,843.11 Index Points and N13,067.11 Billion respectively. Year-to-Date ASI is still at a Negative of 14.60%. Both No of trade and Volume of trade increased by 27.73% and 34% to 6,426 No of trade…
