The Chartered Institute of Stockbrokers (CIS) and its members have conferred a Fellowship award on Dr Bayo Olugbemi, the Chief Executive Officer of First Registrars and Investor Services Limited, the highest rank of a certified stockbroker. In his opening remarks,…
Access Hold ings, United Bank for Africa (UBA) Plc and Zenith Bank Plc emerged as the three most traded stocks yesterday. According to data on the Nigerian Exchange Group (NGX) website, Access had 504 trades valued at N612,699,517.30. UBA on…
Nigeria’s gross official reserves fell by $392 million to $33.0 billion in November 2023. This is according to recent data on external essences issued by the Central Bank of Nigeria (CBN) on its website. The decline implies that the gross…
The Chartered Institute of Stockbrokers (CIS) has emphasised on the importance of empowering operators in the capital market as a vital ingredient to national development. Addressing the participants at the second executive training programme jointly organised by CIS Academy in…
Moody’s Investors Service has changed the Government of Nigeria’s outlook to positive from stable and affirmed its Caa1 long-term foreign currency and local currency issuer ratings, and foreign currency senior unsecured debt ratings. Moody’s has also affirmed Nigeria’s foreign currency…
The African Export-Import Bank has disclosed that the third Intra-African Trade Fair (IATF2023) held in Cairo from 9 to 15 November witnessed the conclusion of business deals and transactions valued at US$43.8 billion. In the final tallies released in Cairo,…
MANSARD Insurance Plc led losers on the Nigerian equities market as the market closed positively. The NGX All-Share Index advanced by 0.78 percent, closing at 71,808.64 basis points, compared to the previous day’s gain of 0.43 percent, which closed at…
Investors yesterday recorded positive gains on the Nigerian equities market following Monday’s losses. According to data obtained from the Nigerian Exchange Limited (NGX) website, the NGX Market CAP recorded a gain of N165.99 billion in Naira terms. The NGX All-Share…
The Director-General, Securities and Exchange Commission (SEC), Mr. Lamido Yuguda has called for a multi-faceted approach to enhance the growth of Nigeria’s capital market. The SEC DG made this known while addressing journalists at the 2023 conference of the Capital…
The Naira on Monday depreciated to N1,170 per dollar in the parallel market from N1,166 per dollar last week Friday. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N837.77 per dollar from N927.19 per dollar…
