Category: Capital Market
FMDQ OTC Securities Exchange on Thursday admitted ₦13.50 billion Union Bank of Nigeria (UBN) Plc Bonds series 1 and 2 on its Platform. The News Agency of Nigeria (NAN) reports that the listed bonds were ...
The Naira on Thursday appreciated against the dollar at the investor’s window, exchanging at N363.90 to the dollar and stronger than N364.23 posted on Wednesday. Market turnover at the window stood at 169.98 million dollars. ...
Financial experts have commended the foreign exchange intervention move of the Central Bank of Nigeria (CBN), stating that it would defend the naira from depreciating and stabilise the economy. The experts gave their commendation in ...
Wall Street stock futures and Asian shares erased most of their earlier gains in choppy trade on Wednesday, as results from the U.S. midterm elections showed Republicans close to losing their grip on Congress. U.S. ...
A capital market expert, Prof. Uche Uwaleke, on Monday urged Securities and Exchange Commission (SEC), and the Nigerian Stock Exchange (NSE) to ensure effective regulations to strengthen investors’ confidence in the equities. Uwaleke, Head of ...
The pound rose above $1.29 on Thursday after a show of support for British Prime Minister Theresa May from her Conservative Party dampened fears of an immediate leadership challenge over her Brexit strategy. The prospect ...
An economist, Mr Kaseem Iyanda, on Tuesday urged investors to take positions in the nation’s equities market to benefit in the near future. Iyanda, an official of an investment firm, Royal Guaranteed Trust Ltd. in ...
Some capital market analysts on Monday urged the regulators to introduce more incentives that would encourage more local investors’ participation in the nation’s bourse to stem market volatility. They told the News Agency of Nigeria ...
Asian share markets swung into the black on Monday as the promise of more stimulus boosted Chinese stocks for a second session and helped offset geopolitical concerns over Saudi Arabia, Italy and Brexit. China’s tax ...
The euro and the British pound managed to hold steady against the dollar on Monday as investors cautiously awaited developments around Brexit as well as Italy’s budget plan which drew heavy criticism from the European ...
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