By Kayode Tokede Trading in the equities market of the Nigerian Exchange Limited (NGX) continued on last week’s bearish performance, as selloffs in Lafarge Africa, PZ Cussons Nigeria and, nine others triggered the market’s loss. The negative performance was buoyed…
By Kayode Tokede Africa’s largest cement producer, Dangote Cement Plc, has announced the launching of a new N150 billion Commercial Paper (CP) programme. This is according to a notice signed by the company’s secretary, Edward Imoedemhe, and sent to the…
By Kayode Tokede Domestic investors on the Nigerian Exchange Limited (NGX) outpaced foreign investors by 82.70 per cent or N74.24 billion in July trading activities out of the N89.77billion transactions. On a monthly basis, the NGX polls trading figures from…
By Kayode Tokede The equities market performance of the Nigerian Exchange Limited (NGX) last week dropped by 0.1 per cent as it was not immune to the rout in global equities. This is coming on the heels of losses recorded…
By Kayode Tokede Nigerian Exchange Limited (NGX) has said that the collaboration between FinTech and the capital market will effectively create a digital economy as well as increase financial inclusion and cashless payments. The Chief Executive Officer, NGX, ably represented…
By Kayode Tokede United Capital Plc has notified the Nigerian Exchange Limited (NGX) that it has secured the approval of FMDQ Securities Exchange Limited to increase in the size of its existing N20 billion Commercial Paper (CP) programme to N50…
By Kayode Tokede DataPro Limited, a leading national Credit Rating Agency (CRA) recognised and approved by the Securities & Exchange Commission (SEC), has in its latest report assigned “A” rating to DLM Capital Group Limited with a stable outlook for the…
By Kayode Tokede The Capital Market Support Committee for COVID-19 (CMSCC) has donated 2000 protective suits to the Lagos State Government to help battle the current third wave of COVID-19 pandemic in the state. The CMSCC is a Securities and…
The Nigerian Exchange (NGX) on Friday traded 280.57 million shares worth N3.18 billion in 4,012 deals. This represented an increase of 39.01 per cent compared with 201.84 million shares valued at N1.68 billion traded in 3,274 deals on Thursday. Honey…
By Kayode Tokede The Securities and Exchange Commission (SEC) has expressed the need for the capital market to be strengthened to accelerate domestic production and employment given the direct correlation between increase in production and job creation. To achieve this,…
