By Godwin Anyebe After eye-popping price drops in the first half of the year and a bit of a bounce in recent weeks, more analysts are recommending higher across-the-board exposure to emerging market assets. After all, the valuation metrics for these markets are at historically cheap levels if
Capital Market
By Godwin Anyebe Despite some proponents advocating for digital assets as a solution to issues like costly transaction fees and rampant inflation in developing economies, the BIS report suggests otherwise. The report states that “crypto assets hold out the illusory appeal of being a simple and quick solution for financial challenges in emerging market economies […]
By Motolani Oseni The equities market total transactions on the Nigerian Stock Exchange (NSE) declined by 8.49 per cent to N94.45 billion in August 2020, the latest NSE’s Domestic & Foreign Portfolio Investment Report has revealed. The Exchange report showed that total transactions dipped 8.49 per cent when compared with N103.21 billion recorded in July. […]
Equities market of the Nigerian Stock Exchange (NSE) depreciated by N14billion to N13.365trillion last week as against N13.351trillion it opened for trading. Mixed trading continued on the NSE amidst weak volumes and the absence of any positive catalysts, with the benchmark index closing marginally lower. Banking stocks –Zenith Bank Plc (-1.2 per cent), Stanbic (-1.3 […]
Nigerian Stock Exchange (NSE) market capitalisation on Friday improved further by N37 billion following price growth in some blue chips. Specifically, the market capitalisation which opened at N13.313 trillion rose by 0.28 per cent to close at N13.350 trillion. Also, the NSE All-Share Index appreciated by 70.98 points or 0.28 per cent to close at […]
By Motolani Oseni Despite the economic challenges occasioned by the COVID-19 pandemic on businesses across the world, activities in the Nigerian private sector in August has improved as the Purchasing Managers’ Index (PMI) rose to 54.6 index points from 50.4 index points in July 2020. In its Purchasing Managers’ Index (PMI) report, Stanbic IBTC Bank […]
Up by 1.17% in one week By Motolani Oseni Equities market of the Nigerian Stock Exchange (NSE) ended the week on a bullish trend, even as 19 equities depreciated in price, lower than 36 recorded in the previous week. In fact, the All-Share Index and Market Capitalization of The Exchange appreciated by 1.17 per cent […]
The Peoples Democratic Party (PDP) has said that the failure of the All Progressive Congress (APC) was bolstering insurgents, bandits, kidnappers The party also said that Nigerians should hold the Buhari Presidency and APC responsible for the negative impacts of the proposed travel sanctions imposed on our country by the United States. The PDP according […]
Temitope Adebayo The Debt Management Office (DMO) has disclosed that the Federal Government has offered for subscription by auction N150 billion worth of bonds in its Sept. 25 auction. The Debt office in offer circular obtained from its website on Tuesday, stated that it would sell N45 billion of a five-year re-opening issue maturing in […]
Temitope Adebayo The Nigerian Stock Exchange (The NSE or The Exchange) is set to launch X-Mobile, a dynamic and the user-friendly mobile app, to enhance investors’ participation in the Nigerian capital market. The NSE mobile app which is currently in its Beta state will be launched at the 2019 NSE Market Data Workshop taking place […]
Motolani Oseni Due to persistent sell pressure, equities market of the Nigerian Stock Exchange (NSE) continued its bearish movement to lose N28billion at the close of Monday trading activities. The stock market benchmark index, NSE All Share Index (ASI) dropped by 56.73 basis points or 1.25 per cent close the week at 28,847.81 basis points […]
Godwin Anyebe Chief Operating Officer and Lead Consultant, Aster Integrated Marketing Limited, Tolulope Medebem has admonished the leadership of Experiential Marketing Association of Nigeria (EXMAN) on the need to put in place regulatory mechanism that would ensure that transparency and integrity challenges in the industry were nipped in the bud. Speaking in Lagos
Jide Oke – Osogbo Small and Medium Scale entrepreneurs operating in Nigeria have warned that the security situation in the country has reached a global and disturbing dimension with implications on the investment environment, saying that there exists a declining investors’ confidence across the broad spectrum of domestic and foreign prospective investors in the
Motolani Oseni The equities market segment of the Nigerian Stock Exchange (NSE) commenced trading in September on positive note with a marginal growth of 0.14 per cent, which translated to investors’ gain of N19 billion. Specifically, the All Share Index (ASI) rose by 39.28 points or 0.14 per cent to 27,565.09 points. Accordingly, investors gained […]
Motolani Oseni The Securities and Exchange Commission (SEC) has asked shareholders of the defunct Afribank Plc to claim their dividends. SEC said this is part of its investor protection programme. It said it was also to ensure that shareholders get the benefits of investing in the capital market. Mary Uduk, the commission’s acting DG, said, […]
Temitope Adebayo The Nigerian Stock Exchange equities market segment on Thursday reverted the gains in the previous trading session, following the All-Share Index (ASI) declined by 0.66 per cent on losses in Dangote Cement, MTN Nigeria, 12 other stocks. The All Share Index fell by 181.45 basis points or 0.66 per cent to 27,425.57 basis […]
Motolani Oseni UAC of Nigeria Plc has announced that it was in agreement with Imperial Logistic Limited to increase its shareholding in MDS Logistics Limited to 57 per cent. In a notice to the Nigerian Stock Exchange (NSE), UACN informed its shareholders and stakeholders that the company has entered into an agreement with Imperial Logistics […]
Motolani Oseni The Nigerian Stock Exchange (NSE) is set to host the 4th edition of the NSE Market Data Workshop. The event is scheduled to hold on Wednesday, September 11, 2019, at the Harbour Point, 4 Wilmot Close, Victoria Island, Lagos. With the theme, “Partnerships, Products and the Customer”, the 2019 NSE Market Data Workshop […]
Nosa Akenzua – Asaba Delta state government has waded into the Sapele Market crisis and urged stakeholders to honour the council management resolution which warned against fetish and lawless activities. The leadership of the Sapele ultra-modern Market has been engulfed in crisis of confidence in the past one year as efforts to resolve the problem […]
Joy Obakeye The Ministry of Industry, Trade and Investment, hopes to attract Foreign Direct Investments (FDIs) into the country by stimulating business linkages between large and small enterprises. This is according to its minister, Mr Adeniyi Adebayo, who explained that a combination of advisory (policy oriented) and technical assistance (action oriented) services in the