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Investors Lose N257Billion Amid Election Fears, Insecurity

Investors Lose N257Billion Amid Election Fears, Insecurity   The lingering political uncertainties surrounding Nigeria’s 2019 general election have continued to spur sell pressures and volatility on the equity sector of the Nigerian Stock Exchange (NSE), as investors lost N257billion in the month of October. Indeed, a breakdown...

As Stock Market Reverses Gains, Investors Lose N288bn

As Stock Market Reverses Gains, Investors Lose N288bn   Investors in the equities market of the Nigerian Stock Exchange lost N288bn on Wednesday as the stock market reversed the gains it made earlier in the week. The market capitalisation of listed equities, which rose from N11.989tn on...

AfDB Targets Nordic Investors For Nigeria, Others

AfDB Targets Nordic Investors For Nigeria, Others The African Development Bank, in multidisciplinary team roadshows, has presented financial products and investment opportunities on the continent to Nordic investors to leverage more access to financing. A statement issued by the bank on Monday said it hosted roadshows...

Investors Lose 14% As Sell Pressure Persists

Investors Lose 14% As Sell Pressure Persists Intense political activities across the country in the third quarter have sustained hold on the nation’s equity market, as speculative trading pressure investors, leading to massive selloff in flight for safety of investments. The development worsened by continuous negative...

SEC Pledges Capital Market Reforms To Protect Investors

SEC Pledges Capital Market Reforms To Protect Investors   The Securities and Exchange Commission has promised to build the capital market architecture through reforms driven by its capital market master plan initiatives. The Head, Registration and Market Infrastructure Department, SEC, Emomotimi Agama, while speaking at the Chartered...

NCC: Investors Stake $5bn On Telecoms Every Quarter

NCC: Investors Stake $5bn  On Telecoms Every Quarter   Investors in the Nigerian telecommunications sector have been adding $5bn investment every quarter, the Nigerian Communications Commission has said. The Director of Consumer Affairs at the regulatory agency, Mrs Felicia Onwuegbuchulam, said this in a presentation at the...