Inventory market sheds N13bn as unfavourable sentiment persists


Nigeria’s inventory market Damaging sentiment endured on the Nigerian inventory market on Wednesday as buyers continued to favour various asset lessons. As buy-side actions dropped in opposition to that of the sell-side, the market decreased by 0.05percent or N13billion. This was brought on largely by buyers who offered shares like NGX Group, Cadbury, NEM Insurance … Read more

Market sees first acquire this week as Guinness, NGX Group, others rally


Nigeria’s equities market on Wednesday booked its first acquire since this week, rising by about N105billion or 0.39percent. Nigeria’s equities market on Wednesday booked its first acquire since this week, rising by about N105billion or 0.39percent. The market recorded cut price searching exercise throughout sectors aside from insurance coverage. Topmost on the record of advancers … Read more

Market strikes additional south as Cadbury, others drive N19bn loss


Nigeria’s equities market Nigeria’s equities market closed additional within the purple zone on Tuesday August 30 as buyers remained cautious about shares following rising yield surroundings. The market decreased by 0.07percent whereas buyers misplaced about N19billion on the shut of buying and selling session. Mutual Advantages, Constancy Financial institution, Entry Holdings, FBN Holdings and MTNN … Read more

Inventory funding tumbles 83% after CBN fee hikes


International and home funding inflows into the Nigerian inventory market slumped by 83 p.c two months after the Central Financial institution of Nigeria (CBN) raised its key rate of interest for the primary time in six years. Complete inflows into the inventory market slumped to N50.65 billion in July from N303.22 billion in Could, in … Read more

Market features N43bn as BUA Cement, Union Financial institution, others rally


Nigeria’s inventory market Nigeria’s equities market closed within the inexperienced zone on Tuesday, rising by about N43billion or 0.16percent, due to corporations like BUA Cement, Union Financial institution, Cutix and different high advancers on the Bourse. The market’s efficiency indicators – the Nigerian Trade Restricted (NGX) All-Share Index (ASI) and Market Capitalisation elevated from previous … Read more

SEC says Grasp Plan, fintech roadmap, commodities buying and selling high agenda at CMC assembly


Securities and Alternate Fee (SEC). Nigeria’s Securities and Alternate Fee (SEC) is about to carry the second Capital Market Committee (CMC) assembly in 2022. The assembly is scheduled to carry nearly with key stakeholders within the capital market assembly on August 18. Throughout the assembly, points bordering on implementation of the Ten-12 months Capital Market … Read more