Equities extend uptrend to open year with 0.1% uptick
Businessam StaffJanuary 2, 2020
By Omobayo Azeez The Nigerian equity market extended the gaining streak with which it ended 2019 to open activities in the new year,
Stock investors lost N492bn in Q4 2019
Businessam StaffJanuary 2, 2020
Investors in the nation’s stock market counted losses worth N492bn in the fourth quarter of 2019. The quarter opened at a market
Investors gain N93bn eve of 2019’s final session
Omobayo AzeezDecember 30, 2019
By Omobayo Azeez In line with earlier predictions by experts that the Nigerian equities market would record pockets of gains towards
Wall St. hits another opening record as investors cheer China data
Businessam StaffDecember 27, 2019
Wall Street opened at another record high, as optimism over U.S.-China trade relations and an improving global economy brightened
SEC outlines strategies to resolve N126n unclaimed dividends
Businessam StaffDecember 27, 2019
The Securities and Exchange Commission (SEC) has outlined initiatives in a bid to resolve the issue of unclaimed dividends in the
Global stock markets coast through Christmas Eve as Nasdaq hit ninth straight record close
Businessam StaffDecember 26, 2019
Global stock markets were mostly flat in quiet Christmas Eve trading on Tuesday, running out of fizz before the festive break,
Equities lose N11b on Yuletide cash squeeze
Businessam StaffDecember 25, 2019
Nigerian equities lost N11 billion in the last trading session before the Christmas holidays as investors opened up market orders in
Negative stock market index harms PFAs in 2019, says Nigeria’s pension czar
Businessam StaffDecember 24, 2019
By Omobayo Azeez Director general of National Pension Commission, Aisha Umar-Dahir has lamented that poor performances in the
Sell-offs on blue-chip companies cost equities N197bn
Businessam StaffDecember 24, 2019
By Omobayo Azeez
11 Plc acquires Lagos Continental Hotel from AMCON
Businessam StaffDecember 24, 2019
11 Plc, formerly known as Mobil Oil Nigeria Plc, says it has finalised discussions with the Asset Management Company of Nigeria to