Some financial experts on Monday called on the Federal Government to introduce tax incentives that would aid listing of blue chips on Nigerian Stock Exchange (NSE).
NSE market capitalisation grows by N117 bn in one day
The nation’s equity market on Tuesday maintained a bullish trend for the eighth consecutive day with the indices appreciating by 1.28 per cent and the volume by 101.48 per cent.
NSE market indices rallied by 0.34% on NB price growth
The News Agency of Nigeria (NAN) reports that the All-Share Index rose by 84.58 per cent to close at 25, 249.49, compared with the 25,164.91 achieved on Friday.
Global stock markets diverge
World stock markets diverged on Monday as investors tracked a record on Wall Street fuelled by a better-than-expected jump in US jobs.
Dangote Cement lifts NSE indices by 1.25%
It was a positive trading day on the Nigerian Stock Exchange (NSE) on Monday with the market indices appreciating by 1.25 per cent, amid gains by some highly capitalised equities. The News Agency of Nigeria (NAN) reports that Dangote Cement led the gainers’ table, growing by N2 to close at N169 per share. It was…
NSE ends on losing streak, sheds N54bBln
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.
China weakens yuan-dollar rate below 6.9 mark
China weakened the yuan's reference rate to beyond 6.9 to the dollar for the first time in more than eight years on Thursday as the surging greenback further pressures ...
Bank lists Investment Management SPV 7.96b bond on FMDQ platform
Sterling Bank Plc has listed the ‘Sterling SPV N7.965 billion series 1, 7-Year 16.50 per cent fixed rate unsecured bond, under a ₦65.00b debt issuance programme on FMDQ OTC Securities Exchange platform.
Senate to reject proposal to punish forex owners
The Senate has said that it will reject a proposal to punish people for keeping foreign currency for more than 30 days.