European shares give up gains after DAX touches new 2016 peak
European shares turned lower after a strongly start on Tuesday, with Germany’s DAX briefly touching a new peak for 2016, after sentiment was knocked by mixed earnings on Wall Street and in Europe.
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...
SEC adopts new measures to deepen financial literacy growth
As part of its resolve to deepen investment in the capital market, the Securities and Exchange Commission (SEC) has concluded plans to commence a financial literacy awareness campaign across the country.
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.
UBA leverages pan-African platform to grow market share
United Bank for Africa Plc (UBA) has pledged to consistently leverage its pan-African platform to drive new customer acquisition and grow market share across African subsidiaries.
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 ...