In recognition of his outstanding contributions to national development, the former President Nigeria Stock Exchange, Mr. Goodie Ibru was honored with Doctor of Science D.Sc. in Entrepreneurship and Wealth Creation at the 8th convocation of Caleb University, Imota recently. Ibru posited that a nation like Nigeria must create the environment for businesses and entrepreneurs to…

The Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, says maintaining stable exchange rate to avoid depreciation of the Naira is better than building foreign reserve buffers. Emefiele told newsmen on Sunday that this was part of the outcome of the Nigerian delegation’s meetings with investors and institutions at the International Monetary Fund (IMF)…

Equity transactions on the floor of the Nigeria Stock Exchange (NSE), reopened September trading on a downward note yesterday, as most highly capitalised...

Political tension ahead of the 2019 general elections, persistent sell-offs, as a reaction and bargain hunting by investors, have continued to spur free fall of equity prices.

The decision by the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), to maintain status quo for the tenth consecutive session triggered renewed profit-taking...

To reduce the persistent delisting of firms’ on the Nigerian Stock Exchange (NSE) to the barest minimum, investors have stressed the need for government to fast-track the acceleration of its industrialisation plan. This will help to resuscitate the ailing manufacturing industries and other services sector. Delisting is the process of removing a company from the…

No fewer that 12 companies listed on the Nigeria Stock Exchange (NSE) have raised fresh capitals by way of rights issue from the nation’s bourse to the tune of N268.7b from rights issue in 18 months. Besides, the private sector’s efforts at increasing its fortunes from the bourse by way of bond remained subdued when…

Equity transactions closed on a downturn on the last trading day of the week occasioned by price losses suffered by most blue-chip stocks, as the All-share index slides further by of 0.27 percent. Precisely, at the close of trading yesterday, the ASI shed 103.7 absolute points, representing a decline of 0.27 per cent to close…

Heavy transactions in the shares of some banks, especially FCMB and United Bank for Africa (UBA), last week, lifted the volume of shares traded, as a turnover of 3.008 billion shares worth N30.296 billion was recorded in 24,036 deals by investors on the floor of the Nigeria Stock Exchange (NSE).

The Court of Appeal sitting in Lagos has been asked to restrain telecoms operator, MTN from listing its shares in the Nigeria Stock Exchange (NSE) pending the determination of a suit filed by a lawyer, Dr. Charles Mekwunye against it and four other firms. In the appeal marked as CA/L/1349/16, Mekwunye is seeking an order…

Heavy transactions in the shares of some companies, especially First City Monument Bank (FCMB) Group, and Transnational Corporation of Nigeria (TRANSCORP), last week lifted the volume of shares traded, as a turnover of a turnover of 2.170 billion shares worth N39.087billion.....

Ahead of the full year result of listed companies, investors increasing demand for fundamentally sound dividend paying stocks, coupled with high expectations of improved dividend yield, yesterday, buoyed transactions on the trading floor of the Nigeria Stock Exchange (NSE), as market capitalisation soared significantly by N370 billion.