36 Firms Delisted From Stock Market In Five Years
A total of 36 companies have delisted from the Nigerian stock market between May 2016 and May 2021, even as five more are currently undergoing delisting process.
The latest data collated from Nigerian Exchange Limited showed that...
Stocks Extend Decline As 17 Firms Record Losses
The Nigerian stock market extended its decline on Monday as 17 companies saw their share prices decline at the end of trading.
Investors in the market lost N600bn last week as the market capitalisation of equities fell below...
Firms Borrowed N258.59bn From Bond Market Amid COVID-19 – SEC
More companies tapped the Nigerian bond market in 2020 amid the COVID-19 pandemic as they raised a total of N258.59bn, the highest on record, according to data from the Securities and Exchange Commission.
The SEC data...
Stock Market Declines As 14 Firms Record Losses
The stock market closed on a negative note on Monday as 14 companies saw their share prices decline at the end of trading on the Nigerian Exchange Limited.
The NGX All-Share Index fell by 0.44 per cent to...
CBN To Firms: Expect Borrowing, Inflation Rates To Rise
The Central Bank of Nigeria has said the firms that participated in its latest business expectations survey expect borrowing and inflation rates in the country to rise further in the coming months.
The CBN said in its...
CBN Freezes 38 Firms’ Accounts Over Forex Infractions, Others
The Central Bank of Nigeria has instructed banks to place a post-no-debit on the bank accounts of 38 companies.
The affected accounts belong to betting companies, bureau de change companies and some logistics companies, according to a...
