archiveNovember 14, 2018

Sentiments in the Nigerian equities market turned negative, as the market All-Share Index (ASI) dropped 0.14 per cent to 32,108.92 points, following sell pressure in value stocks. Accordingly, the Month-to-Date and Year-to-Date losses increased to 1.10 per cent and 16.04 per cent, respectively. The Oil & Gas (-1.23%) and Banking...

The acting Director General, Securities and Exchange Commission (SEC), Ms. Mary Uduk, has expressed the need for Nigerian capital market to transit towards a Financial Technology (FinTech) driven market as obtained in other economies across the world. The Capital Market Committee (CMC) on Wednesday in Lagos inaugurated a Market Wide...

The National Chairman of the All Progressives Congress (APC), Mr. Adams Oshiomhole, has said that the governors who are aggrieved at the outcome of the party’s recent primaries are good party men, who would support the party and its candidates in their respective states despite their grievances. Oshiomhole stated this...

Operatives of the Economic and Financial Crimes Commission (EFCC) have intercepted gold worth about N211 million being illegally transported through the Murtala Mohammed International Airport, Lagos. EFCC Acting Head, Media and Publicity, Mr. Tony Orilade, disclosed this in a statement in Abuja on Tuesday. Orilade said the consignment was en...

  The Asset Management Corporation of Nigeria (AMCON)  is preparing to release another list of debtors, an investigation has revealed. The corporation’s Head of Corporate Communications Department, Jude Nwauzo, confirmed this to our correspondent in a telephone chat. According to information obtained, the corporation has decided to expose the debtors...

The Chartered Institute for Securities & Investment (CISI) is partnering with The Nigerian Stock Exchange (NSE) to provide trainings for CISI’s qualifications in Nigeria, under the auspices of X-Academy, the knowledge platform of NSE. The partnership will result in CISI accrediting X-Academy as its training partner in Nigeria for qualifications...