FMDQ STBs to provide competitive source of financing bank loans
According to FMDQ, STBs are beneficial to the Debt Capital Market (DCM) as they will serve to boost the investment product bouquet for the buy-side (which comprises amongst others, the Pension Fund Administrators), offshore investors...
Zenith Bank records N380.4b gross earnings, N121.2b PAT in nine months
Zenith Bank Plc has recorded gross earnings N380.4 billion in its third quarter operations, against N337.9 billion achieved in the corresponding period in 2015.
How NSE’s market data will boost investment
The Nigerian Stock Exchange (NSE) has stated that the exchange’s market data would enable investor to calculate market risk on investment portfolios, as well as make price projections.
Shareholders flay imposition of excessive sanctions on listed firms
Shareholders’ under the aegies of Independence Shareholders Association of Nigeria has bemoaned excessive sanctions imposed on listed firms by the regulatory authorities.
NSE’s indices sustain rising profile, up by N38 billion
Improved corporate performance has continued to push transactions on the equity sector of the Nigerian stock Exchange, as more blue chip stocks record price appreciation, causing market capitalisation to increase further by N38 billion.
CIS charts path to revamp capital market, economy for sustainable wealth creation
As part of its resolve to support the federal government’s efforts to revamp the economy, the Chartered Institute of Stockbrokers (CIS) has concluded plans to focus on strategic ways of creating sustainable wealth for economic development...
Retail shareholders seek protection of local investors’ rights
The Joint Shareholders Association of Nigeria (JSAN) has urged the National Assembly to ensure that the rights of retail shareholders are protected in line with international best practice in the process of amending the Companies and Allied Matters Act (CAMA) 1990.
China's forex reserves fall to 5-year low in September
China's mountain of foreign exchange reserves dropped around $19 billion in September to a five-year low, government data showed, with the central bank spending heavily ...
Gold bull market steadies after worst slump in three years
After the biggest swoon in gold futures prices in almost three years, the market steadied.