By Philemon Adedeji The expectation of Nigerian stock market is to close year 2022 on a positive note, due to the bullish sentiment that sustained an uptrend throughout December. The stock market performance showed that the Nigerian Exchange, which opened…
The Exchange rate between the naira and the dollar at the black market remained stable through the Christmas celebration, trading at an average of N740/$1 on Tuesday. Also, the naira maintained the same rate at the P2P cryptocurrency Exchange on…
By Philemon Adedeji Capital Market Operators and the general public have been informed that the annual renewal of Registration for year 2023 will commence from January 01, 2023 and expected to end on January 31, 2023. This was stated by…
The Nigerian Exchange Limited (NGX) closed the week positive as the bull ruled over the bear during the trading week that ended on Friday last week. The Nigerian Exchange Limited (NGX) All-Share Index and Market Capitalization gained 0.79 per cent…
By Philemon Adedeji The Nigerian equities market closed on bullish sentiment during the week as the All-Share Index (ASI) rose by 0.79 per cent at the close of week on Friday, This is following the 0.98 cent growth recorded in…
The positive momentum sustained from the beginning of the month crawled into the week in what has been described as the “Santa Clause Rally”. This generally led to investors gaining big. Similarly, investors in stocks worth over one trillion (SWOOTs)…
By Philemon Adedeji The Nigerian Exchange Limited (NGX), witnessed gains throughout last week, with the the All Share Index (ASI) closing 0.79 per cent higher W-oW as the market witnessed a ‘Santa Claus Rally’ to usher in Christmas. The Santa…
Nigeria’s Securities and Exchange Commission (SEC) has warned the Nigerian investing public to desist from dealing with four blacklisted Italian e-commerce companies. The companies are not registered by the SEC Nigeria and the investment scheme promoted by these entities are…
Some shareholders of companies quoted on the Nigerian Exchange have expressed worry that the frequent imposition of fines on companies defaulting from post-listing requirements is scaring away investors and potential companies willing to list on the nation’s capital market. The…
By Philemon Adedeji Bullish sentiment persisted the Lagos bourse as the benchmark All-Share Index appreciated by 24 basis points representing 0.05 per cent gain to close at 49,499.43 points from 49,475.43 points. Gains in GTCO (+0.45 per cent), First Bank…
