Capital Market
5 Mar
The market capitalisation of the Nigerian Exchange Limited (NGX) swelled yesterday with the listing of Transcorp Power Plc (TPP) 7.5 billion ordinary shares of 50 kobo on the Main Board.
4 Mar
The Securities and Exchange Commission (SEC), Nigerian Exchange Group (NGX) and United Capital Asset Management Limited (UCAML) have insisted that industry collaboration would boost financial inclusion and wealth creation.
4 Mar
Investors' unfavourable response to the interest rate hike has continued to trigger a selloff on the Nigerian Exchange Limited (NGX) as market capitalisation depreciated by N1.8 trillion in one week.
4 Mar
There seems to be a realisation by both the fiscal and monetary authorities that checking the continuous downward slide of the naira is beyond a single line of policy action, hence the adoption of a multiplicity approach.
29 Feb
The secondary market turnover on the FMDQ Exchange in January 2024 was ₦21.07 trillion, representing a 41.1 per cent month-on-month (MoM) decrease and 61.6 per cent year-on-year (YoY) increase.
27 Feb
Nigeria Exchange Limited (NGX) reopened on a downward note yesterday, shedding N51 billion, amid price depreciation in many blue-chip stocks.
26 Feb
The consumer goods, banking and industrial goods indices topped the gainers' chart at the end of last week's transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 4.05 percent, 0.7 per cent and 0.001 per cent.
23 Feb
Crypto enthusiasts exchanged a total value of N1.9 billion via USDT-naira pair on Binance 24 hours after the government’s clampdown on leading digital currency exchange.
23 Feb
The Nigeria equities market halted its gaining streak to close on a downward note, yesterday, as the index dipped by 0.2 per cent amid losses in 28 stocks.
21 Feb
In what may be described as a twist and sudden change in performance, the industrial goods index which was rated worst performing in 2023 has returned a year-to-date gain of over 95 per cent to investors.
21 Feb
Low confidence in the economy has continued to trigger panic selloff in the equities sector of the Nigerian Exchange Limited as investors' lose N2.55 trillion in two trading days.
20 Feb
As a reward for driving value towards sustainable growth and market leadership, BUA Foods Plc has achieved a record market capitalisation of over N5 trillion post-consolidation and listing on the Nigerian Exchange (NGX).
1 day ago
The Federal Government has called on oil and gas operators to create ingenious ways of raising capital to expand their investment and tackle myriads of problems facing the sector, especially leveraging the nation's capital market.
1 day ago
Publisher, The Guardian Newspapers Ltd, Lady Maiden Alex-Ibru, has called on the government at all levels in the country to remove obstacles besetting the paper industry, to prevent it from total collapse.
1 day ago
Nigeria’s economy is projected to grow to 3.3 per cent this year, while it may recede to 3.0 per cent in 2025. In its latest World Economic Outlook report, ‘Steady but slow: Resilience amid divergence,’ the International Monetary Fund...
1 day ago
The newly elected executives of the Women’s International Shipping and Trading Association (WISTA) Nigeria have been charged to ensure the attainment of major structural adjustments in the nation’s shipping industry as well as create opportunities..
1 day ago
Some 12,948 startups have so far been registered through the Nigeria Startup Act. The National Information Technology Development Agency (NITDA), which disclosed this, said they were registered for labeling.
1 day ago
Apparently to sanitise the general aviation segment of local aviation, the Civil Aviation Authority (CAA) Nigeria, yesterday, ordered a three-day ultimatum for all private operators and holders of non-commercial flight permits to submit for a re-evaluation.
1 day ago
The Nigeria Employers' Consultation Association of Nigeria (NECA) has called on policymakers to adopt a holistic approach to address inflationary pressures and promote economic stability.
1 day ago
While the global economic slowdown in 2023 was less severe than originally projected, the United Nations Trade and Development (UNCTAD) in the latest report warned that further growth deceleration could be expected this year.
1 day ago
As the ongoing UNLOCK Training Programme enters its final and crucial phase, participants on Monday, got surprise boosters from the Senior Special Assistant to the President on Technical, Vocational and Entrepreneurship Education
1 day ago
Afriland Properties Plc has urged the Federal Government to intervene in the housing sector and ensure that people borrow for mortgage properties at a reduced rate over a long period of time to bridge nation's huge housing deficit.