Insurance Sector Losses N15bn, Investors Panic Over Recapitalisation The decision by the National Insurance Commission (NAICOM) to shift the recapitalisation deadline from January 1, 2019, to October 2018, is eroding the value of insurance stocks, a development capital market said can scare away more investors. According...

2019 Polls: Foreign Investors Withdraw N435.41bn From Stock Market The nation’s stock market has shrunk in recent months following the exit of foreign investors as the 2019 general elections approach, FEYISAYO POPOOLA writes Foreign portfolio investors have pulled out billions of naira out of the Nigerian...

FDI: CBN Allays Fear over Forex Sanctions The Central Bank of Nigeria (CBN) acknowledges the public interest over sanctions recently imposed on four deposit money banks (DMBs). We wish to restate that the CBN will continue to welcome foreign direct investments(FDI) and investors. Indeed, some...

Stock: Investors Lose N624.4bn In A Week Investors in the equities market of the Nigerian Stock Exchange lost a total of N624.4bn last week, with the year-to-date loss expanding to 16.3 per cent. The market capitalisation, which stood at N12.426tn on September 7, 2018, dropped to...

Stock Market Investors Lose N897bn In Eight Months Equities market investors have lost N897 billion as at the end of August as politics continues to impact negatively on the market. THISDAY checks showed that market capitalisation, which measures the worth of equities, has depreciated from N13.619...

As MTN, Diamond Bank Shares Plunge Over Fine, Investors Lose N99bn The market capitalization of the Nigerian Stock exchange (NSE) fell by N99.4bn to N12.8tn following sale pressures in bellwethers -GUARANTY (-2.7%), DANGCEM (-0.4%), STANBIC (-2.6%) and ZENITH (-1.6%). The MTN Group shares in South Africa...