Capital Market
Hours after CBN’s forex ban to BDCs, naira slides to N522/$1 at parallel market
Hours after the Central Bank of Nigeria (CBN) stopped the sale of foreign exchange to Bureaux De Change (BDCs) operators...
Stock market loses N1.303trn in 6 months
The Nigerian equities market recorded a loss of N1.303 trillion in the first half (H1) of 2021. Profit-taking, shift to...
Stock market begins week on negative mood. loses N54bn
The Nigerian equities market began trading for the week on Monday still on negative mood with 0.27 percent loss due...
Report: Unemployment, inflation high as Nigeria recovers from COVID-19
The International Monetary Fund (IMF) has disclosed that unemployment and inflation rates remain high in Nigeria even though the country's...
SEC to ban unlicensed operators
Capital Market Operators (CMOs) yet to renew their registration by May 31, 2021, will be banned from operating. The Securities...
NSIA grows income by 343% in 2020
Nigeria Sovereign Investment Authority (NSIA) on Tuesday disclosed that it posted 343 per cent growth in total comprehensive income in...
SEC warns investors against unregistered online investment platforms
The Securities and Exchange Commission (SEC) has alerted investors on the activities of unregistered online investment and trading platforms, which...
Onyema exits as NSE chief executive
The chief executive of the Nigerian Stock Exchange Oscar Onyema has exited the position after 10 years in the saddle....
CBN injects $5.62bn into foreign exchange market to defend naira
The Central Bank of Nigeria (CBN) injected $5.62bn into the foreign exchange market in the fourth quarter of 2020, as...
NSE completes conversion to public company
The Nigerian Stock Exchange (NSE) has completed its demutualisation process to a public limited liability company. This follows final approvals...