Business Headlines

Forex, T.bills, others record N115.7trn turnover in 8 months

Ihesiulo Grace 2 October 2018 0

…Account for 76. 99% of total market proceeds …Investors trade $1.25bn FX in 5 days The total transactions turnover for the January to August 2018 period amounted to N115.68 trillion, as trading activities in Treasury bills (T.bills) and Foreign exchange contributed the largest to

Business Headlines

Forex investors trade N1.13trn in 2 weeks

Ihesiulo Grace 10 September 2018 0

…5 banks rake N362bn from investments in 6 months …CBN injects $ 615m, CNY46.58m in 1 week, reserves now $45.468bn Investors and Exporters (I&E) FX window between Monday, August 27 and Friday, September 7, 2018, recorded total transactions turnover of N1.129 trillion ($3.138 billion), findings by The Daily Times revealed. This is just as five […]

Business

Investors mop conglomerates’ stocks to lead turnover by 80%

Ihesiulo Grace 3 December 2017 0

….As Fidelity, Forte Oil led gainers Against the usual tradition of the financial sector leader activity table of the Nigerian stock Exchange (NSE), the trend changed last week as the conglomerates sector emerged market leader. This led to growth recorded in market performance measuring indices, as the NSE All-Share Index and Market Capitalization appreciated by […]

Business

Naira gains at official market, records $179.8m turnover at NAFEX

Ihesiulo Grace 28 November 2017 0

The Nigerian currency, Naira, on Monday extended its gain over US Dollar at the official foreign exchange market, with closing rate of 305.80 against 305.85 traded on Friday and stronger than 305.90 sold the previous day. This is even as the Nigerian Autonomous Foreign Exchange (NAFEX) widow, recorded transactions turnover of $179.78 million at the […]

Money

NAFEX transactions turnover hits $1.06bn in one week

Ihesiulo Grace 27 November 2017 0

….As Naira steadies across FX markets, lifted by $287.9 The Nigerian Autonomous Foreign Exchange (NAFEX) widow, recorded total turnover trade of $1.06 billion in just one week, between Monday 20 November and Friday 24 November 2017, findings by the Daily Times Nigeria have revealed. However, the Naira, at the end of Friday sustained the slightly […]

Capital Market

Stocks: Sell pressures prevail as market turnover advances by 94.91%

Ihesiulo Grace 9 November 2017 0

Sell Pressure prevailed on the equities’, market on Thursday 9th November, 2017, as the market performance indices closed on red over losses by highly priced equities. The Nigerian Equities Market’s All-Share Index declined by 0.24 per cent, pulling the Year- to- date (YTD) return to 37.87 per cent. The market breadth settled at equilibrium, with […]

Insurance

Wapic, AIICO, Axa-Mansard, others boost sector’s turnover

Ihesiulo Grace 14 August 2017 0

Activities in four top ranking insurance companies lifted the sectors turnover gr the week ended, Friday,11th August, 2017. The insurance sector, during the week, pulled a turnover of 19,206,684 million shares valued at N18,139,051.03m, in total of 551 deals. Four insurance companies comprising of Wapic Insurance, AIICO, Axa, Mansard and NEM Insurance lifted the sectors