News

How to Balance Trading and Travel?

Ihesiulo Grace 23 July 2024 0

Advancements in technology and online trading platforms have made it possible for traders to work from virtually anywhere with an internet connection. This ability to operate globally fulfills the lifelong dream of many traders, blending professional success with the thrill of new experiences

Money

Analysts optimistic of bullish trading as NGX gains N446.03bn w/w

Ihesiulo Grace 28 August 2023 0

By Motolani Oseni Following a rebound, staged on the the last trading session of last week, market analysts have projected the continuation of bullish momentum into this week, as the market capitalization gained N446.03billion week-on-week (w/w) to close at N35.88trillion. Recouping the prior session loss, the equities market of if the Nigerian Exchange Limited ( […]

Business

5 Best Trading Apps in 2023

Ihesiulo Grace 26 January 2023 0

In the world of trading, technology has made it easier for individuals to manage their investments and make informed decisions about buying and selling stocks, bonds, and other assets . One of the most critical tools traders have at their disposal is trading apps, which allow them to stay connected to the market and execute […]

Technology

Automating Dealer Financing: The Key to Transforming Nigeria’s Automotive Trading

DailyTimesNGR DailyTimesNGR 11 January 2022 0

By Precious Adesina-Ola The automotive trading sector in Nigeria has seen significant growth in recent years, driven by rising demand for vehicles across different segments of society. Despite this growth, the industry faces a major challenge: limited access to financing, particularly for automotive dealers who play a crucial role in maintaining vehicle availability in the

Business

Investors lose N19.03 billion as market opens on a negative note

Ihesiulo Grace 25 May 2021 0

MOTOLANI OSENI Trading activities on the Nigerian Exchange Limited (NGX) on Monday opened the new week on a negative note with a decline of 0.10 per cent, following profit-taking in Banking stocks. In summary, the All-Share Index (ASI) shed 36.49 basis points, representing a decline of 0.10 per cent to close at 38,287.58 basis points, […]

Business News

Trading rebounds on NSE, up by N50 billion

Ihesiulo Grace 21 January 2021 0

Transactions on the Nigerian Stock Exchange (NSE) rebounded on Wednesday by N50 billion, halting two consecutive days of bearish trend due to sustained bargain-hunting in insurance stocks. The market capitalization which opened at N21.474 trillion inched higher by N50 billion or 0.23 per cent to close at N21.524 trillion. Also, the All-Share Index increased by […]

Business News

Nigerian stock market extends losing streak, drops 0.07 per cent

Ihesiulo Grace 20 January 2021 0

Trading activities on the nation’s bourse extended losing streak on Tuesday, declining further by N16 billion due to profit-taking on 21 stocks. Specifically, the All-Share Index lost 30.75 points or 0.07 per cent to close at 41,051.63, from 41,082.38 posted on Monday. Consequently, month-to-date and year-to-date returns moderated to 1.9 per cent. In the same […]

News

NSE closes last trading day in November with 0.45% growth

Ihesiulo Grace 1 December 2020 0

The nation’s bourse closed for the last trading day in November with a growth of 0.45 per cent following price appreciation posted by Airtel Africa and 16 other stocks. Specifically, the All-Share Index on Monday rose by 156.63 points or 0.45 per cent to close at 35,042.14 compared with 34,885.51 achieved on Friday. Also, the […]

Money

Overnight lending rate drops by 10%

Ihesiulo Grace 5 March 2018 0

…As FG redeems $413m T.bill from Eurobond Trading at the overnight lending rate dropped by 242 basis points last week to 10 per cent, against prior week’s close of 12.42 basis points, as system liquidity, increased to N359.72 billion on average. Even as the Federal Government of Nigeria through the Debt Management Office (DMO), has […]

Business Capital Market News

Suspended Oando assuages shareholders, to release offical statement soon

Ihesiulo Grace 19 October 2017 0

Afolabi Adesola Oando Plc has reacted to the suspension and forensic audit directives from Nigeria’s Securities and Exchange Commission (SEC). The energy firm in a statement released via the Nigerian Stock Exchange (NSE) late Wednesday noted that “The Company is currently reviewing subsequent correspondence received from the NSE and SEC and will provide a full

Tech

NCC seeks public comments on spectrum trading draft guidelines

Ihesiulo Grace 19 October 2017 0

The Nigerian Communications Commission (NCC) is seeking public comments on the draft guidelines on Spectrum Trading in the country. This, NCC said is in exercise of its functions under the Nigerian Communications Act 2003 and that the draft could be accessed on its website for stakeholders’ comments. “In accordance with Section 57 of the Nigeria […]

Business

Trading resumes on positive note as investors take medium-long term positions

Ihesiulo Grace 3 January 2017 0

Activity resumes on the Nigerians Stock Exchange (NSE) today, the first trading day of the year, with high expectations and fresh positioning. Trend analysis shows that some investors would be divesting from moribund companies, while the banking sector will generate more bids, as dividend-savvy investors buy in expectation of high dividend payment from the banking