CAPITAL MARKET

The equities market trading on the Nigerian Stock Exchange (NSE) continued from previous session's downward trend as All Share Index (ASI) closed at 27,574.95 basis points, 0.08 per cent lower than Friday's closing rate of 27,598.34 basis points. Similarly, market capitalisation that opened at N9.478 trillion also dropped by N7...

The management of the Ecobank Transnational Incorporated (ETI) yesterday issued a notice to the defunct Oceanic Bank plc shareholders, to convert their preference shares to Ordinary Shares by Monday October 31, 2016, saying that after the said date, such shareholders will not be able to convert the preference shares anymore....

For the nine months ended September 30, 2016, Zenith Bank Plc has recorded N380 billion gross earnings, 13 per cent above 336.58 billion recorded in September 30, 2015. The group unaudited nine months result for the period ended September 30, 2016, said, its profit after tax grew by 20 per...

The Nigerian Stock Exchange (NSE or The Exchange) has emerged the Most Innovative Stock Exchange in Africa 2016. This award was   presented to The Exchange by The Business Year Magazine on Monday, October 17, 2016 at the Stock Exchange House, Lagos. The Business Year Magazine Awards recognize different categories of...

Nigeria expects to sell a Eurobond worth around $1 billion before the end of the year and is in the process of appointing managers for the sale, Finance Minister, Mrs Kemi Adeosun said on Friday. The Eurobond is part of Nigeria's plans to borrow a total of 1.8 trillion naira...

A turnover of 674.721 million shares worth N7.657 billion in 12,290 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.163 billion shares valued at N9.251 billion that exchanged hands last week in 14,992 deals. The NSE All-Share Index and...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 0.44 per cent, while the Year-to-Date return stood at -3.64 per cent as investors recoup N41 billion from huge losses they have suffered in the first three sessions of this week. The All-Share Index closed...

Saudi Arabia raised $17.5 billion in its first international bond offering, HSBC said Thursday, reflecting strong interest as the kingdom seeks to diversify its oil-dependent economy. The bond issue -- the first time Saudi Arabia has turned to international markets for financing -- was hailed as historic by investors and...

Trading transactions on The Nigerian Stock Exchange (NSE) on Wednesday continued on its downward trend that week opened with on Monday with the indices dropping by 0.28 per cent The volume of shares traded declined by 46.87 per cent while the Market Capitalisation closed at N9.438 trillion against N9.464 trillion...

Guaranty Trust Bank plc has released its audited financial results for the nine-month ended September 2016 to the Nigerian Stock Exchange with profit before tax gaining 53 per cent to N140 billion from N92.1 billion recorded in prior nine-month of 2015. Interest income for the period grew by 5.2 per...