Index records 7.8% loss in Q3 over uncertainties
For the third quarter ended September 30, 2019, performance of many listed firms at the Nigerian Stock Exchange (NSE), continued the depreciated due to uncertainties and absence of clear economic policy direction.
Equity investors may lose dividend as non-performing loans rise
The huge rise in banks’ non-performing loan ratio triggered by the prevailing economic downturn has become a source of worry to capital market operators.
Knocks as investors incur over N1tr loss in four years
Expectations that President Muhammadu Buhari’s four years of administration would spur activities in the market and restore the exchange on a path of sustainable growth were dashed, as investors lost N1.03 trillion within the period. Indeed, before his inauguration on May 29, 2015, the market had long lost some gains made during the boom…
Expert woos Nigerians to stock investments, active trading
Nigerians have been urged to cultivate and sustain the culture of investing in the stock market, as a reliable means of making money and safeguarding their investments. The Chief Research Officer of Investdata Consulting, Ambrose Omodion, in an interview with The Guardian, bemoaned the shallow knowledge of market operations by investors in the market, urging…
Experts see growth as panacea to nation’s economic woes
Experts in the nation’s capital market have described economic growth as panacea to most of Nigeria’s challenges, urging government to be strategic, if it wants to fast-track the country’s development. They argued that Nigeria is currently facing huge growth challenge, noting that there was need to identify priority sectors and create incentives and palliatives…