• stock market 1

    SEC, Fund Managers Partner On e-Transfer To Boost Investment In NSE

    | Leave a comment

    The Fund Managers Association of Nigeria (FMAN) said it is partnering with the Securities and Exchange Commission (SEC) on electronic transfer of funds to boost financial inclusion and investment in the Nigerian Stock Exchange (NSE). The president of the association, Dr. Ore Sofekun, stated this at the annual workshop of the Capital Market Correspondents Association…

    Continue Reading ...
  • cement_road

    Dangote Championing Use Of Concrete In Road Construction

    | Leave a comment

    With the takeoff of the construction of a 42.5km Obajana-Kabba Road in Kogi State, Dangote Group has continued to champion the use of concrete in road construction. Work on the project will commence today which will make it the second longest concrete road construction in the country. The Federal Ministry of Power, Works and Housing…

    Continue Reading ...
  • stock brokers

    Stock Market Investors Lose N659bn In November

    | Leave a comment

    Investors on the Nigerian stock market have lost N659 billion in November as tough macro-economic environment characterised by rising inflation, declining Gross Domestic Products (GDP) and improbable foreign exchange exacerbated major sell-off of quoted shares. Available statistics show that activities on the floor of the NSE continued to skew downward, as the market, which opened…

    Continue Reading ...
  • Aliko Dangote

    Dangote Pledges To Support FG Cushion Economic Recession

    | Leave a comment

    Dangote Group has pledged to support the federal government and Kano State government in exploring key sectors of the economy towards cushioning effect of the recession. According to a statement signed by the Chief Corporate Communication Officer, Dangote Group, Anthony Chiejina, the Group will therefore explore opportunities opening up in agriculture, mining and infrastructure through…

    Continue Reading ...
  • mtn

    MTN Begins Talks With SEC On Capital Market Listing

    | Leave a comment

    MTN Nigeria has started talks with the Securities and Exchange Commission (SEC) on a possible initial public offering and how it wanted to structure the share sale. The director-general of SEC, Mounir Gwarzo, made this known in an interview with Reuters. Reuters quoted Gwarzo as saying, “MTN had discussed the possibility of issuing various classes…

    Continue Reading ...
  • nigerian_stock_exchange1

    Stock Market Sustains Losses, Sheds N218bn

    | Leave a comment

    The bearish trend in the Nigerian Stock Exchange (NSE) was unrelenting last week as the equities market closed in the red throughout the week owing to negative sentiment towards large cap stocks across sectors. Accordingly, the All Share Index (ASI) fell 2.42 per cent or 633.34 points to settle at 25,537.54 points, whilst Year-To-Date (YTD)…

    Continue Reading ...
  • dangote_csr

    Dangote Foundation: Bringing Succour To The Vulnerable

    | Leave a comment

    As part of its philanthropic gesture, the Dangote Foundation has delivered a lot of assistance and aid in alleviating the sufferings of the vulnerable and the indigent in the country and Africa. The Dangote Foundation is the Corporate Social Responsibility (CSR) arm of Dangote Group. The Foundation intervenes in the areas of health, education and…

    Continue Reading ...
  • stock-market4_3

    Selling Pressure Persists, As Market Sheds 0.7%

    | Leave a comment

    The Nigerian stock market sustained its bearish run yesterday as investors confidence remains weak. In summary, the NSE-ASI shed 184.07 absolute points, representing a decline of 0.70 per cent to close at 25,986.81 points. Similarly, the market capitalization shed N63 billion to close at N8.946 trillion. The downturn was largely boosted by value depreciation recorded…

    Continue Reading ...

Daily Columns