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Nigerian equities

Retail investors expectant of increase in IPOs

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*As SEC may merge multiple accounts The Nigerian equities market is currently battling with a challenge of how to harmonize multiplication accounts which could either be forfeited by their owners or merged into one single account. According to the Director General Securities and Exchange Commission, (SEC), Mounir Gwarzo, multiple accounts that are similar could be […]

Earning opportunities drive early market reversal

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Expectations of earnings from first quarter dividend declaration on Thursday reversed declining market trend as more investors take positions in progressive companies. The NSE All Share-Index (ASI) thus closed higher at 25,170.36 points compared to 24,986.02 points posted in previous session when the ASI shed 0.57 percent, reducing yea- to-date losses to -6.29 per cent. […]