Hopes of stimulus-led economic rebound sees Wall Street opening higher
Businessam StaffJuly 17, 2020
Stock markets in the United States have opened higher this Friday with the S&P 500 reported to be on course for its third straight
NSE lists Axxela’s N11.5bn bonds
Omobayo AzeezJuly 16, 2020
By Omobayo Azeez The Nigerian Stock Exchange (NSE) on Thursday listed N11.5 billion Series 1 bonds of Axxela Funding 1 Plc which comes
NSE tackles capital market illiteracy with comic book
Omobayo AzeezJuly 15, 2020
By Omobayo Azeez The Nigerian Stock Exchange (NSE) has issued the second edition of its comic, StockTown, a book dedicated to
Equities tank, record N56bn loss
Businessam StaffJuly 14, 2020
Nigerian equities reopened on Monday with considerable sell pressure on leading stocks in the main sectors of banking, oil and gas and
Pessimism persists on stocks despite passing of N10.8 trn revised budget
Omobayo AzeezJuly 13, 2020
By Omobayo Azeez Despite the signing into law of the reviewed N10.8 trillion 2020 budget by President Muhammadu Buhari last Friday,
Naira sentiment shapes week’s market openings
Lukmnan OtunugaJuly 8, 2020
In the face of economic uncertainty, dollar scarcity and depressed Oil prices, the Central Bank of Nigeria (CBN) has devalued the
Stocks halt losses, post N38bn gain
Omobayo AzeezJuly 8, 2020
By Omobayo Azeez The Nigeran bourse settled for a bull run on Tuesday which produced a N38 billion appreciation in the aggregate value
New dawn at SEC as DG, commissioners assume duties
Businessam StaffJuly 6, 2020
Yuguda, the newly appointed director-Ggneral of the Securities and Exchange Commission, as well as the commissioners, on Monday began
Here’s why US struggles with the coronavirus could lead to Europe’s stock market taking the lead
Businessam StaffJuly 3, 2020
A growing number of prominent Wall Street institutions are making the prediction that 2020 will be the year for Europe’s stock market
Equities in melt down as Investors lose N115bn in a day
Businessam StaffJuly 3, 2020
The equities market witnessed a major melt down on Thursday as gains made in previous days were reversed in a single day, causing