MARKETS

  A Polaris Bank customer Mr Anthony Olasele on Thursday, June 23, writing on his Twitter handle has, applauded the Bank for protecting his account. Olasele, with Twitter handle @avogroovy, had on his last thread on May 16 alleged that Polaris Bank was "trying to steal millions from my account,"...

  The NGX All-Share Index and Market Capitalization appreciated by 0.34 per cent to close the week at 59,206.63 and N32.237 trillion respectively. Similarly, all other indices finished higher with the exception of NGX Lotus II which depreciated by 1.26 per cent while the NGX ASeM index closed flat. A...

  says it is a start of an exciting chapter for the capital market   Nigerian Exchange Limited (NGX) has commended the Board and Management of Coronation Group Limited’s recent regulatory recognition and added that this is a start of another exciting chapter for the barometer of Nigeria’s economy- the...

The positive run that the Nigerian Exchange Limited has been witnessing since the advent of the current administration continued on Wednesday as the market capitalization of equities saw a gain of N117 billion to close at N32.302 trillion, a 0.36% gain compared to the N32.185 trillion recorded in the previous...

  Trading on the Nigerian Exchange (NGX) closed positive on Tuesday as investors on the Exchange went home with N51 billion gains. The market capitalization of the Exchange which is the summation value of the market opened thee day trading at N32.134 trillion closed the day trading activities at N32.185...

    The Central Bank of Nigeria (CBN) says cash deposits into domiciliary accounts will not be restricted, and customers “shall have unfettered and unrestricted access to funds in their accounts”. The directive is contained in a statement issued by the apex bank after a meeting with the bankers’ committee...

Binance, the world’s largest cryptocurrency exchange, on Sunday, described ‘Binance Nigeria Limited’ as a ‘scammer entity’. Changpeng Zhao, founder and chief executive officer, disclosed this via his verified Twitter handle on Sunday. According to him, “Binance has issued cease and desist notice to the scammer entity “Binance Nigeria Limited”. Don’t...

this will boost increased participation in investments – SEC, NGX local currency payment to reduce pressure on country’s reserves – PAPSS The African Stock Exchange Association (ASEA) has revealed that having successfully launched phase one of the African Exchanges Linkage Project (AELP), it is looking at rolling at the second...

The Central Bank of Nigeria (CBN) has announced the unification of all segments of the Nigerian forex market. The apex bank, in a statement Wednesday, announced the collapse of all windows into the Investors & Exporters (I&E) window. This move is part of the Nigerian government’s efforts to improve liquidity...

  The market capitalization of the Nigeria Exchange Limited recorded 3.13 per cent growth at the close of market transactions on Wednesday, June 14, 2023. This was the highest in the last 15 years, that was March 3, 2008 In monetary values, investors on The Exchange gained N991.7 billion as...