By Kayode Tokede The nation’s bourse resumed a newtrading week on Monday with a growth of N145 billion due to buying interest in MTN Nigeria (MTNN) and 27 other stocks. Specifically, the market capitalisation which opened the week at N20.518…
By Kayode Tokede The non-interest capital market sector in Nigeria has been described as one that is unique and full of potentials to facilitate the objective of deepening the financial system and spurring the growth of the Nigerian economy. This…
By Kayode Tokede In a bid to ensure the nation has a vibrant commodities trading ecosystem which would in turn translate into foreign exchange earnings for the country, the Securities and Exchange Commission (SEC) has released new rules covering warehousing…
By Kayode Tokede Sequel to its earlier announcement on September 29, 2020, Access Bank Plc announced on Friday that it has received the approval of the South African and Nigerian regulatory authorities to its proposed acquisition of the South African-based…
By Kayode Tokede NASD OTC Securities Exchange Market closed on a negative note Year-Till-Date (YTD) as the market recorded a decrease in performance. NASD Security Index Year to date returns decreased by 2.12per cent. Total volume traded Year-to-Date stands at…
By Kayode Tokede The Nigerian Stock Exchange (NSE) has recounted experiences of one year of remote trading occasioned by the challenges of the COVID-19 pandemic. The NSE in a statement said it activated business continuity plan which saw the transition…
By Kayode Tokede The Securities and Exchange Commission (SEC) has re-introduced the periodic renewal of registration by Capital Market Operators (CMOs) to reduce incidences of unethical practices in the market. A circular pasted on the commission’s website on Thursday also…
By Kayode Tokede A group of analysts at CSL Research, have said that low valuations of some highly rated stocks may attract some funds into the equities market of the Nigerian Stock Exchange (NSE). CSL Research in its latest report…
By Kayode Tokede Dangote Cement Plc on Thursday said it contemplated debt funding options under planned N300billion bond issuance programme. The company in a statement signed by its Deputy Company Secretary, Edward Imoedemhe to the Nigerian Stock Exchange (NSE) stated…
By Kayode Tokede Stanbic IBTC Holdings Plc on Wednesday released its consolidated and seperate annual financial statements and auditor’s report for the year ended December 31, 2020 with group’s gross earnings increased by 0.27per cent to N234.446 billion. The group’s…
