Equities reverse downtrend, gains 0.17%
Equities reverse downtrend, gains Gains resurfaced on the Nigerian Stock Exchange (NSE), albeit marginally, as the All Share Index (ASI) inched higher by percent to 40, points, owing to…
DMO dual lists N100 federal roads Sukuk bond
DMO dual lists N100 federal roads Sukuk bond Debt Management Office (DMO), today listed N100 billion Federal Roads Sukuk bond on the floor of the Nigerian Stock Exchange and…
MTN may ignore Nigeria listing if conditions are not appropriate
MTN may ignore Nigeria listing if conditions are not appropriate Rob Shuter, the chief executive officer of MTN, says the company will list on the Nigerian Stock Exchange (NSE)…
Equities drop to 3-month low after Buhari eyes re-election
Equities drop to 3-month low after Buhari eyes re-election Stocks dropped to a three-month low after President Muhammadu Buhari said he would seek re-election in 2019, ending months of…
Bonds yields decline 7 basis points at 13.7%
Bonds yields decline 7 basis points at Performance in the local bond market was bullish this week as average yield declined week on week following expectations of a possible…
Equity market: Attractive entry prices arise following sustained sell offs
Equity market: Attractive entry prices arise following sustained sell offs The bearish performance in the local bourse was sustained this week as the All Share Index shed percent to…
Nigeria’s UPDC to raise N20 billion to pay debt
Nigeria’s UPDC to raise N20 billion to pay debt To further cut down its mounting debt portfolio, UAC Property Development Company, UPSC will raise N20 billion via bond. The…
NSE desists N878.3 million of African Paints, Afrik Pharmaceuticals from official list
NSE desists million of African Paints, Afrik Pharmaceuticals from official list The Nigerian Stock Exchange (NSE), has said its National Council has approved with effect from April 5, 2018,…
Stock market maintains negative trend as ASI down by 0.26%
Stock market maintains negative trend as ASI down by The local bourse maintained a negative close for the second consecutive trading day as the All Share Index (ASI) slid…
FCMB after profit tax rises to N4.6bn
FCMB after profit tax rises to FCMB Group’s today announced its fourth quarter 2017 results which showed a remarkable growth of 123 percent year on year to billion. The…