Trading rebounds on NGX, investors gain N36bn
Activities on the Nigerian Exchange Ltd (NGX) rebounded on Friday with investors net worth increasing by N36 billion on renewed interest. Specifically, the market capitalisation […]
Trading
Bears resurface on NGX, capitalisation down by N13bn
Trading on the Nigerian stock market returned to bearish territory on Wednesday with market capitalisation dropping by N13 billion due to profit taking in FBN […]
Chinese yuan weakens to 6.4032 against USD Friday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 142 pips to 6.4032 against the U.S. Dollar (USD) on Friday, according […]
NDLEA charges man with unlawful sale of 1.6kg cannabis
The National Drug Law Enforcement Agency (NDLEA) has charged one Musa Abubakar, 22, with unlawful sale of 1.6kg cannabis sativa before a Federal High Court […]
Chinese yuan weakens to 6.4691 against USD Thursday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 36 pips to 6.4691 against the U.S. dollar on Thursday, according to […]
China’s Bond Connect programme continues to thrive in July
China’s Bond Connect programme continued to see robust activity in July, data released by Bond Connect Co. Ltd. showed. The total monthly trading volume under […]
FCT residents seek provision of basic amenities
Residents of Gbaukuchi and Gubausabo communities in Kuje Area Council say lack of electricity and water supply in their communities was slowing down development. Some of […]
Repositioning Nigerian MSMEs for AfCFTA
By Rukayat Moisemhe The Africa Continental Free Trade Area (AfCFTA), officially came into force on Jan 1, 2021 to deepen economic integration on the continent. This […]
China’s foreign trade up 28.5%
China’s total imports and exports expanded to 28.5 per cent year-on-year to 11.62 trillion yuan (about 1.8 trillion U.S. dollars) in the first four months […]
NBS, NPA sign MoU on data collection, analytics at ports
The National Bureau of Statistics (NBS) and the Nigerian Ports Authority (NPA) have signed a Memorandum of Understanding (MoU) to improve data collection and analytics […]
Investors lose N274bn on NGX in one day
Mixed sentiments persisted on the nation’s bourse on Wednesday with the market capitalisation dropping N274 billion in six hours of trading due to sell-off of […]
Trading closes week upbeat with N89bn growth
The nation’s bourse key market indicators closed the week upbeat on Friday with a growth of 0.43 per cent. The market capitalisation increased by N89 […]
NSE reverses downward trend, up N14bn
Trading at the domestic equities market closed positive on Thursday with the market capitalisation increasing by N14 billion due to buying interest in tier 1 […]
NSE’s key indicators up by 0.02%
Activities on the Nigerian stock market on Wednesday closed on a positive note to halt the four consecutive days of bearish run, growing by 0.02 […]
WTO’s Doha Agenda negotiations to progress at 12th conference – Okonjo-Iweala
Dr Ngozi Okonjo-Iweala, Director-General of World Trade Organisation (WTO) says the organisation will make progress on negotiations concerning the Doha Development Agenda (DDA) in its […]
Ekiti LG chair warns traders against hawking on roadsides
The Chairman of Ikole Local Government Area of Ekiti, Mr Sola Olominu on Wednesday told traders in the area to stop selling their goods […]
Trading rebounds on NSE, up N50bn
Transactions on the Nigerian Stock Exchange (NSE) rebounded on Wednesday by N50 billion, halting two consecutive days bearish trend due to sustained bargain-hunting in insurance […]
NNPC records ₦28.38bn trading surplus in Sept. – Report
The Nigerian National Petroleum Corporation (NNPC) says it recorded a trading surplus of ₦28.38 billion in September 2020. The Corporation disclosed this in its Monthly […]
NSE loses N246bn in bearish trading
The bears dominated trading activities on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation losing N246 billion in six hours of trading. […]
EFCC warns Nigerians against sale of NIN
The Economic and Financial Crimes Commission, EFCC, has issued a warning to Nigerians against sale of their NIN. This warning was issued in a statement […]
COVID-19: NSE honours Ihekweazu with Closing Gong to end 2020 trading
The Nigerian Stock Exchange (NSE) hosted the Director-General, Nigeria Centre for Disease Control (NCDC), Dr Chikwe Ihekweazu, with a digital Closing Gong ceremony to mark […]
NSE reopens trading after Christmas holidays with N167bn gain
The Nigerian Stock Exchange reopened trading on Tuesday after the holidays to mark Christmas and Boxing Day celebrations with the All-Share Index crossing 39,000 mark. […]
Trading reverses on NSE, closes for Christmas with N2bn loss
The Nigerian Stock Exchange (NSE) on Thursday reversed its uptrend, dropping by N2 billion ahead of Christmas celebration. Speficially, the market capitalisation which opened at […]
FG expresses support for LCFE to strengthen commodities exchange trading
The Federal Government on Wednesday promised to partner the Lagos Commodities and Futures Exchange (LCFE) to propel the growth of commodities exchange in the country. […]
NSE market capitalisation hits N17trn mark in bullish trading
Transactions on the Nigerian Stock Exchange (NSE) remained upbeat on Tuesday with the market capitalisation hitting N17 trillion benchmark due to gains in high capitalised […]