Equity market extends positive sentiment by 0.18%  

The Nigerian equity market had its second consecutive rally on Friday, gaining 0.18 per cent, buoyed by sustained buy pressure. Sustained positive trading pushed the All Share Index (ASI) up by 59.28 absolute points, representing a growth of 0.18 per cent, to close at 32,540.17 points. The market upturn was on the back of the sterling performance of More...

by Felix OLOYEDE | Published 2 months ago
By Felix OLOYEDE On Saturday, September 22nd, 2018
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 Why Polaris Bank was set up to take over Skye Bank—NDIC

NDIC Managing Director/CEE, Alhaji Umaru Ibrahim FELIX OLOYEDE The need to ensure the safety of depositors’ funds propelled the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) to More...

By Felix OLOYEDE On Monday, September 17th, 2018
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Stanbic IBTC, Vetiva, PZ Come Tops at 5th NSE Corporate Challenge

L-R: Tinuade Awe, Executive Director, Regulation, The Nigerian Stock Exchange (NSE); Mr. Kamarudeen Kareem Oladosu, National Council Member, NSE; Austin Ani, StanbicIBTC, Winner of the 2018 NSE Corporate Challenge; More...

By Felix OLOYEDE On Monday, September 17th, 2018
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UBA leads pan-African banking

Kennedy Uzoka, GMD, UBA By OKEY ONYENWEAKU Despite recent bleak pictures painted about the Nigerian Economy by international organisations, the United Bank for Africa (UBA) has kept a firm focus on building up its More...

By Felix OLOYEDE On Thursday, September 13th, 2018
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Equity market maintains downtrend as sell-Off persists

    The Nigerian Stock Exchange FELIX OLOYEDE Continuous sell-off by investors stretches the Nigerian equity market’s decline to eight trading sessions as losses recorded by medium and large capitalized More...

By Felix OLOYEDE On Wednesday, September 12th, 2018
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Nigerian equity market plunges to two year low

The Nigerian Stock Exchange The Nigerian Stock Exchange continued to slide, recording its worst performance in two years on Wednesday. The bourse shed -3.46 per cent, which was the highest loss it has suffered since More...

By Felix OLOYEDE On Tuesday, September 11th, 2018
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NSE reclassifies E-Tranzact’s stock from medium priced to low priced

Due to protracted under performance, the Nigerian Stock Exchange has reclassified E-Tranzact International Plc from Medium Priced Stock to Low Priced Stock. The exchange explained in a release on Tuesday that it More...

By Felix OLOYEDE On Friday, September 7th, 2018
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Over 44 Speakers to grace 2018 ASEA Conference in Lagos

Over 44 keynote speakers and thought leaders would be speaking the 22nd Annual African Securities Exchange Association (ASEA) Conference, the Nigerian Stock Exchange (NSE) announced on Friday. The conference is More...

By Felix OLOYEDE On Friday, September 7th, 2018
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Equity market extends downtrend to three consecutive days

The Nigerian Stock Exchange (NSE) ended the trading week on a bearish note, stretched its downtrend to three consecutive trading sessions, driven by losses recorded by blue chip organizations. It shed -0.21 per More...