By Philemon Adedeji At t he Nigerian Exchange Limited (NGX), yesterday bearish sentiments which persisted caused by sell pressures in Guaranty Trust Holding Company (GTCO) (-3.08 per cent), WAPCO Insurance (-1.92 per cent) and Access Corporation (-0.55 per cent) were…
By Philemon Adedeji The Securities and Exchange Commission (SEC) has said that it is excited about the implementation of the Pan-African Payment Settlement System (PAPSS) as it will encourage intra-African trade and aid diversification within the capital market. This was…
By Philemon Adedeji Equities market on the Nigerian Exchange Limited (NGX) was mixed yesterday, albeit with a bullish tilt as the benchmark All-Share Index (ASI) closed 0.04 per cent higher to close at 55,822.14 basis points. Gains in Dangote Cement…
By Philemon Adedeji The Director General of the Securities and Exchange Commission, Mr. Lamido Yuguda has emphasised the need for elimination of all forms of gender inequality in a bid to ensure continued growth and development of the capital market.…
By Philemon Adedeji Nigerian Exchange Group of Companies and its partners, the World Federation of Exchanges (WFE), Sustainable Stock Exchanges (SSE) Initiative, United Nations (UN) Women, United Nations Global Compact and International Finance Corporation (IFC) have called on private and…
By Philemon Adedeji Trading activities of the stock market on the Nigerian Exchange Limited (NGX), closed on green posture after trading caused by increase in investor interest in Dangote Cement and MTNN which offset the selloffs in Wapco Insurance and…
The exchange rate between naira and U.S. dollar depreciated at the black market on Wednesday to trade at an average of N750/$1, representing a marginal drop of 0.27 per cent from N748/$1 that was recorded in the previous trading session.…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) closed flat yesterday caused by Investor interests in Dangote Cement were offset by selloffs in Zenith Bank and Guaranty Trust Holding Company (GTCO). The NGX All-Share Index (ASI) closed at…
MTN Nigeria Communications Plc is spending more to source short-term funds it needs to uplift working capital by way of commercial papers, the company said in a disclosure on Monday. Attracting interest to its commercial papers issued on 1 March…
Trading activities on the Nigerian Equities market closed the Year 2022 with +19.98 per cent gain as against +6.07 per cent gain in 2021, +50.03 per cent gain in 2020 and 14.60 per cent loss recorded in 2019. Analysis of…
