CBN, SEC give nod to Aceess Bank-Diamond Bank merger deal

Godwin Emefiele, CBN Governor The Central Bank of Nigeria (CBN) and Securities and Exchange Commission (SEC) have approved the proposed merger plans between Access Bank and Diamond Bank, said Mr Victor Etuokwu, Access Bank Executive Director, Personal Banking on Tuesday in Lagos. According to him, the regulators have given both banks approval in principle More...

by Felix OLOYEDE | Published 1 month ago
By Felix OLOYEDE On Monday, January 14th, 2019
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FG bond lifts NSE fixed income market capitalization by 11.75% in 2018

Nigerian Stock Exchanging in trading session The N1.16 trillion the Federal Government raised from the Nigerian equity market to finance fiscal and infrastructure deficits, helped increased the fixed income market More...

By Felix OLOYEDE On Monday, January 14th, 2019
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The Bears maul Broad street as stocks bleed

The Nigerian Stock Exchange By OKEY ONYENWEAKU Almost everybody knew that the Nigeria’s capital market was going to close in the negative. That was the consensus feeling not only on Broad Street, but also More...

By Felix OLOYEDE On Wednesday, January 9th, 2019
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Nigerian equity market decline continues on heightened political risk

Stockbrokers at the floor of the Nigerian Stock Market By FELIX OLOYEDE The Nigerian Stock Exchange extended its bearish trend to six consecutive trading days in the New Year as Election jitters continue to weigh More...

By Felix OLOYEDE On Sunday, January 6th, 2019
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Anxiety grips corporate Nigeria over 2019

By OKEY ONYENWEAKU Anxiety has gripped corporate Nigeria in the run up to 2019 general elections. Troubled by a year of government policy hiccups and several operating challenges captains of industry in the country More...

By Felix OLOYEDE On Friday, January 4th, 2019
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Mass sell-off stretches Nigerian Equity Market downturn to three consecutive days

Stockbrokers at the floor of the Nigerian Stock Market The Nigerian Equity Market extended it losses to three consecutive days at the close of the first trading week of the new year on the back of mass sell-off More...

By Felix OLOYEDE On Thursday, January 3rd, 2019
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Nigerian equity market records second consecutive losses in 2019

Stockbrokers during a trading session at the NSE The Equity market continued its bearish trend in the second trading in the New Year as negative sentiments still pervade the bourse. Losses recorded in the industrial More...

By Felix OLOYEDE On Thursday, January 3rd, 2019
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CCNN emerges best stock on Nigerian Equity Market in 2018

L-R: Managing Director/Chief Executive Officer, Cement Company of Northern Nigerian (CCNN), Ibrahim Aminu, Chairman CCNN Plc, Alhaji Abdulsamad Rabiu, Company Secretary CCNN Plc, Ahmed Aliyu and Director CCNN Plc, More...

By Felix OLOYEDE On Wednesday, January 2nd, 2019
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Political uncertainty adversely impact Nigerian equity market in 2018

The year 2018 was not so rosy for the Nigerian Stock Exchange (NSE) as its crucial indicators depreciated by 19.77 per cent due to uncertainties surrounding the forthcoming general elections. The News Agency of More...