South Africa’s largest insurer Sanlam said it bought out the remaining 65 per cent stake in Nigerian insurance business FBN Insurance it…
Stock Market
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UACN Property Development Company Plc has listed N16 billion rights issue of 15.96 billion ordinary shares at N1 per share on the…
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BusinessFinanceStock Market
Stock market investors gained ₦25.2bn as market capitalisation settled at ₦13.2tn
The stock market resumed the week positive as the All-Share Index rose 21bps to close at 25,316.15 points following buying interest in GUARANTY (+2.3%), DANGSUGAR (+9.7%) and BUACEMENT (+0.7%). As a result, investors…
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Following the 2-day public holiday, the stock market resumed with a positive momentum as the All-Share Index advanced 7bps to close at 25,221.23 points, driven…
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The bullish momentum in the local bourse continued today as the All-Share Index rose 125bps to close at 24,758.39 points following price…
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Today, the equities market sustained its bullish streak, closing 103bps higher to close at 24,452.23 points following buying interest in DANGCEM (+1.7%), ZENITH (+4.1%) and BUACEMENT (+1.9%).…
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The All-Share Index (ASI) closed higher today by 109bps to close at 24,202.87 points following buying interest in DANGCEM (+2.8%), GUARANTY (+2.4%) and ZENITH (+2.3%). Consequently, investors gained ₦100.4bn…
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The equities market ended today’s trading session in the green as the All-Share Index (ASI) rose 60bps to close at 24,010.19 points following…
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At the close of the week, the domestic equities market performed negatively as investors took profits in UAC-PROP (-13.0%), CAP (-9.8%) and…
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FinanceNewsStock Market
NSE lists FBNQuest Merchant Bank N5bn bond on its platform, market capitalisation drops N12.440trn
The Nigerian Stock Exchange (NSE) on Friday listed FBNQuest Merchant Bank N5 billion three-year 10.50 per cent bond on the bourse. The…
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The domestic equities market extended yesterday’s gain as the All-Share Index (ASI) rose 77bps to close at 23,892.92 points due to buying interest in DANGCEM (+1.7%),…
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The domestic equities market ended on a positive note as the All-Share Index (ASI) rose 6bps to close at 23,704.44 points following price…
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At the close of trade, the local bourse sustained yesterday’s loss as the All-Share Index (ASI) shed 106bps to close at 23,695.90 points…
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The domestic equities market opened the week on a negative note due to profit-taking in GUARANTY (-4.3%), UBN (-8.6%) and ZENITH (-2.3%). Consequently, the All-Share Index…
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The Securities and Exchange Commission (SEC) says it is leveraging opportunities available in financial technology (fintech) space to ensure proper regulation of …
