Markets

SEC to boost profitability, reduce cost of operations

The Securities and Exchange Commission (SEC) has unveiled plans to reduce its operating costs in order to boost profitability within…

5 years ago

Nigerian equities market ranked best investment asset class against inflation

Equities have been ranked as the best investment asset class to hedge against inflation from August 2020 to August 2021.…

5 years ago

Investors place over 207m ordinary shares for borrowing

Investors have placed more than 207 million ordinary shares of leading companies in Nigeria’s key sectors of banking, telecommunications and…

5 years ago

Nigerian equity market extends downtrend

  Profit-taking in major sectors caused the Nigerian Exchange (NGX) to decline further on Tuesday as the All-Share Index shed…

5 years ago

Nigerian equity market dips further

Trading activities on the Nigerian Exchange (NGX) closed in the red for the second consecutive day on Tuesday as the…

5 years ago

Forex: CBN instructs banks to name and shame defaulters

The Central Bank of Nigeria (CBN) has mandated all banks to name and shame defaulters of its foreign exchange policy…

5 years ago

Banks loan-to-deposit ratio still below regulatory threshold

The average loan-to-deposit ratio of the Nigerian banking industry is still below the 65% regulatory benchmark set by the Central…

5 years ago

Investors in Nigerian equity market lose N5m

Investors in the Nigerian Exchange (NGX) lost N5 million following market capitalization dipped by that amount after gaining N13 billion…

5 years ago

Nigerian Exchange dips further by 0.12%

The Nigerian equity market declined further by 0.12% due to sell pressure on WAPCO, GTCO, and UBN on Monday. The…

5 years ago

Nigerian equity market dips 0.1% this week

The Nigerian equity market finished the week negatively as the benchmark index dipped three of the five trading sessions. Consequently,…

5 years ago

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