Investors respond positively to interest rate retention as Nigerian equity market reverses downtrend

Stockbrokers at the floor of the Nigerian Stock Market Investors were positive about the Monetary Policy Committee’s (MPC) decision to retain interest rate as the Nigerian equity market gained 0.05 per cent on Thursday to reverse the previous day’s decline. The  MPC of the Central Bank of Nigeria (CBN) held interest rate at 14 per cent and Cash More...

by Felix OLOYEDE | Published 2 weeks ago
By Felix OLOYEDE On Friday, November 16th, 2018
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Diamond Bank, C&I Leasing, others lead equity market downturn

Nigerian Stock Exchanging in trading session The decline recorded by Diamond Bank, C&I Leasing and 34 other stocks caused the equity market to finish the week ended November 16, 2018 in the red. The Nigerian More...

By Felix OLOYEDE On Wednesday, November 14th, 2018
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NSE Commissions Media Lounge

L – R shows Mr. Cyril Eigbobo, Chief Financial Officer, The Nigerian Stock Exchange (NSE); Dr. Qasim Olalere Akinreti, President, Nigeria Union of Journalist (NUJ), Lagos Chapter commissioning the media lounge More...

By Felix OLOYEDE On Wednesday, November 14th, 2018
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Transcorp, Flour Mill, 13 others drag equity market downward

Stockbrokers at the floor of the Nigerian Stock Market The Nigerian equity market reversed Tuesday’s gained, shedding 0.14 per cent, underpinned on losses recorded by Transcorp, Flour Mill, Dangote Sugar and 12 More...

By Felix OLOYEDE On Tuesday, November 13th, 2018
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Bargain hunting pushes Nigerian equities market up 0.03% 

The Nigerian Stock Exchange The Nigerian Equity Market reversed previous day’s negative sentiment as it closed higher on Tuesday, gaining 0.03 per cent on the back of speculative trading on banking and industrial More...

By Felix OLOYEDE On Tuesday, November 13th, 2018
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Bond Market yields up slightly by 0.03%

Yields at the Nigerian bond market rose marginally by 0.03 per cent as the market traded relatively flat on Tuesday. There were slight interests around the mid tenors following the spike in yields in the previous More...

By Felix OLOYEDE On Tuesday, November 13th, 2018
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NSE set to announce 2018 Essay Competition winners

The Nigerian Stock Exchange The Nigerian Stock Exchange (NSE) is set to announce the winners of the 2018 edition of its NSE annual essay competition for students in Senior Secondary Schools in all states of the Federation. The More...

By Felix OLOYEDE On Tuesday, November 13th, 2018
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 CISI, NSE partnership to enhance African finance professionals’ capacity 

The Chartered Institute for Securities & Investment (CISI) has entered into a new partnership with The Nigerian Stock Exchange (NSE) to provide trainings for CISI’s qualifications in Nigeria, under the auspices More...

By Felix OLOYEDE On Sunday, November 11th, 2018
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Consumer goods, oil/gas sectors lift equity market 0.23% last week

Stockbrokers at the floor of the Nigerian Stock Market By FELIX OLOYEDE The equity market made marginally gain in the week ended November 9, 2018, buoyed by upturn recorded by consumer goods, oil and gas and Lotus More...