MARKETS

The Debt Management Office (DMO) has said that Nigeria plans to raise 105 billion naira ($527.6 million) in local currency-denominated bonds with maturities of five to 20 years on June 15,. According to a report of Reuters monitored by Business247, the DMO said it will raise 50 billion naira from...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization decreased by 0.13 per cent , while the Year-to-Date return stood at -3.64 per cent, as investors even as the market made a loss of N12 billion. The All Share Index closed at 27,599.48 against the previous...

A new date of 2nd- 4th August, 2016 has been announced for the maiden Venture Capital Advocacy Summit at the Eko Hotel, Victoria Island, Lagos, Nigeria, that will bring together all the critical elements that could facilitate the entrenchment of the venture capital culture in the country. According to a...

  Mid-cap companies on the main board of the Nigerian Stock Exchange (NSE), Caverton Offshore Support Group Plc   and University Press Plc led other companies to record highest share prices decline in May, Business247 checks have revealed. Caverton Offshore, a support and logistic company in May recorded a decline of...

Former President of the Chartered Institute of Stockbrokers (CIS), Mr. Ariyo Olushekun, has requested of the Federal Government integrity over the plans to enact a law on injection of N6.5 billion idle funds into the capital market. He noted that the investment if properly executed would boost the nation’s economy...

Investors in equities on the Nigerian Stock Exchange (NSE) recorded a value depreciation of N435 billion in the four-day trading week as the Market Capitalization which opened the week at N9.926 trillion depreciated by 4.39 per cent to close N9.491 trillion even as All-Share Index closed at 27,634.42. It was...

The Nigerian Stock Exchange has received the “Corporate Achievement Award to a Financial Institution” at the inaugural annual Financial Literacy Excellence (FILEX) Awards. According to a press release by the Exchange, the award which is aimed at celebrating and recognizing leadership and innovations that promote financial literacy in Nigeria was...

The Nigerian Stock Exchange (NSE) Banking Index set a new record last week after appreciating by 12.61 per cent year-till-date (ytd) on the trail of Central Bank of Nigeria’s (CBN) plan to introduce a flexible foreign exchange (FX) policy. Investigation by Business247 correspondent revealed that Banking Index had remained on...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 1.66 per cent translating to value addition of N155 billion for investors in equities on the Exchange, while the Year-to-Date return stood at -3.52 per cent. The All Share Index closed at 27,634.48 against the...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 1.02 percent while the Year-to-Date return stood at -5.09 even as investors recorded value addition of N94 billion. The All Share Index closed at 27,183.64 against the previous close of 26,910.23 while Market Capitalization closed...