Negative trend persist as stocks plummet 1.6%
Adesola AfolabiApril 1, 2019
Equities segment of the Nigerian Stock Exchange began trading for the week on a negative note, following profit taking activities in
Wall Street higher as U.S.-China talks progress, GDP growth cut caps gains
Businessam StaffMarch 28, 2019
Wall Street rose modestly on Thursday, as U.S.-China trade talks made headway, but a cut in quarterly GDP growth exacerbated fears of
MPC cut MPR for the first time since 2015 by 50bps
Businessam StaffMarch 26, 2019
At the end of its 2-day policy meeting, in a vote of 6 to 5 members, the Monetary Policy Committee (MPC) voted to cut the monetary
U.S. stocks climb as treasury rally takes breather
Businessam StaffMarch 26, 2019
U.S. stocks rallied and Treasuries fell as investor concern over an economic downturn showed signs of easing. The dollar edged higher.
Wall Street falls on global economic slowdown fears
Businessam StaffMarch 25, 2019
Wall Street’s main indexes fell on Monday, dragged down by declines in high-growth technology shares, as fears of a global slowdown
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Cadbury appoints first female MD after 50 years
Businessam StaffMarch 21, 2019
Cadbury Nigeria Plc, Nigeria’s pioneer cocoa beverage manufacturer, Thursday announced the appointment of Oyeyimika Adeboye as its
Capital market can lead Nigeria out of poverty- Experts
Chris IkosaMarch 19, 2019
The government has been urged to make the capital market the fulcrum of its industrialisation agenda and economic development in a bid
Tech boosts Wall Street; Boeing keeps Dow in check
Chris IkosaMarch 18, 2019
The S&P 500 and Nasdaq on Monday extended last week’s gains, lifted by technology and financial stocks, as investors waited for
Stocks slum as ASI dips 0.48%
Adesola AfolabiMarch 14, 2019
The Nigerian Stock Exchange (NSE) All Share Index (ASI) plunged by 0.48 percent Thursday, reversing gains recorded in previous
SEC moves to create, amend rules guiding transactions; urges stakeholders on inputs
Adesola AfolabiMarch 14, 2019
Nigeria’s Securities and Exchange Commission (SEC) is proposing the introduction and amendment of some rules guiding participation and