Wednesday, February 8, 2023
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Buhari hails new era at capital market

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President Muhammadu Buhari has lauded the historic roles of the capital market in national development and its transition into a new era of increased...

Kogi restructures N8b bonds

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Kogi State Government has restructured its sub-national bonds to extend the maturity date of the two bonds by three years. The government restructured its Kogi...

NSE becomes public liability company

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The Nigerian Stock Exchange (NSE) has received final approvals from Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) and the regulatory body...

Stock Exchange completes conversion to public company (PLC)

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The Nigerian Stock Exchange (NSE) has received final approvals for its ongoing conversion from a mutual, member-owned company to a public limited liability company,...

Oando’s share price up by 10%

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Oando Plc joined the Nigerian Stock Exchange (NSE) top gainers with a 10 per cent increase in share price from N3.18 to N3.41 yesterday. The...

Fidelity Bank issues N41.21bn Tier II local bonds

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LAGOS - Fidelity Bank Plc has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate...

Stock Market Posts N370bn Weekly Loss As Investors Take Profit

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The Nigerian’s stock market shed N370bn after five straight trading sessions of losses last week amid profit-taking. The Nigerian Stock Exchange All-Share Index and market...

Stock Investors Gain N1.13trn In January

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Despite the prevailing economic downturn and the devastating effect of the COVD-19 crisis, the Nigerian stock market sustained eight consecutive months of bull-run from...

Stock Market Ends January With N1.13trn Gain

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Trading activities on the floor of the Nigerian stock market finished the month of January impressive to emerge the best performing exchange in Africa. Available...

Danbatta Receives MoneyReport’s Man of the Year 2020 Award

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ABUJA - The Executive Vice Chairman and Chief Executive of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has received the prestigious “Man...

Capital market puts public offers online

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The Nigerian capital market has inaugurated an online public offering platform to improve depth, convenience and accessibility. It is the first of such initiative in...

Fidelity Bank Excites Stock Market With Smooth Transition And Sustained Financial...

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The stock market was in excitement on Wednesday with the smooth transition at Fidelity Bank Plc, when MD/CEO, Mr. Nnamdi Okonkwo gave account of...

NSE approves Abbey Mortgage Bank’s plan to raise N3b capital

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The management of the Nigerian Stock Exchange (NSE) has approved plan by Abbey Mortgage Bank Plc to raise about N3.03 billion new equity funds...

Fidelity Bank posts impressive 9 months results as profits hit N21.3bn

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LAGOS - Fidelity Bank Plc has continued to sustain its impressive run of financial performance with the strong 3rd quarter results for the year,...

#EndSARS: Investors re-price insurance stocks as claims spike after protest

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Investors are beginning to reduce their equity stake in some of Nigeria’s listed insurance companies following record loss situation expected to arise from #EndSARS...

Oil & Gas Firms Raise N400bn From Capital Market – Onyema

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Companies in the oil and gas sector have raised over N400 billion across several asset classes using the Nigerian Stock Exchange (NSE) platform in...

Listed insurers see half-year profit surges on investment income

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Profits of the largest listed insurers on the Nigerian Stock Exchange (NSE) have surged even amid the wrought caused by the coronavirus pandemic (Covid-19),...

NSE All-Share Index rebounds 0.16%

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By Chinyere Joel-Nwokeoma Lagos -   After three consecutive days of losses, the Nigerian Stock Exchange (NSE) All-Share Index on Friday rebounded by 0.16 per cent. Specifically,...

NSE: Trading sustains bullish trend, rises 0.45%

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By Chinyere Joel-Nwokeoma Lagos - Activities on the trading floor of the Nigerian Stock Exchange (NSE) maintained a bullish posture on Friday with the...

NSE: Investors staked N3.89bn on 383.3m shares in bullish trading

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By Chinyere Joel-Nwokeoma Lagos - The volume of shares traded on the Nigerian Stock Exchange (NSE) on Wednesday improved by 148.13 per cent...