The Asset Management Corporation of Nigeria (AMCON) has taken over properties belonging to 14 former directors of the Deap Capital Management and Trust Plc over their company’s N1.6 billion indebtedness. The seizure was in line with...
The Federal Government at the weekend listed two new tranches of its Federal Government of Nigeria Savings Bond (FGNSB) on the Nigerian Stock Exchange (NSE), paving the way for investors to trade on the debts....
The Nigerian stock market lost N368 billion last week following profit-taking activities by some investors after the massive gains in January. The bears invaded the market in the first week of February as some investors...
Foreign portfolio investments (FPIs) in Nigeria dropped to a four-year low at N729.20 billion in 2020, according to Nigeria’s latest FPI report. It shows that foreign transactions in Nigerian markets declined by 22.64 per cent...
Investors in the Nigerian equities recorded a N1.124trn gain in January, following sustained high demand for stocks. From the N8 trillion gained in 2020, investors witnessed a growth of N1.124 trillion in January. The market capitalisation of...
The Nigerian Stock Exchange (NSE) continued its surge, as market capitalisation of listed equities hit N22 trillion yesterday. The All-Share Index (ASI) grew by 238.68 absolute points or 0.57 per cent rise to close at 42,169.41...
The Nigerian Communications Commission (NCC) has approved the renewal of the spectrum licenses in the 900 megahertz (MHz) and 1800MHz bands for Airtel Nigeria In a notice to the Nigerian Stock Exchange (NSE) on Thursday, Airtel...
The federal government raised N2.36 trillion from the fixed income segment of the Nigerian Stock Exchange in 2020, the largest by any entity, according to the Chief Executive Officer of NSE, Oscar Onyema. Speaking at the...
The stock market rebounded last week recording a gain of N552 billion after declining in the first week of the year. After posting a record growth in 2020, profit-taking by investors made the market close with...
The Nigerian Stock Exchange stayed green for the fifth consecutive daily gains on Thursday as leading stocks propelled the N325 billion upward drift. With 1.54 per cent increase, the All Share Index (ASI) closed at 40,963.14...