NSE Records 8% Revenue Decline   The Nigerian Stock Exchange has reported an eight per cent decline in revenue for the financial year ended December 31 2018. The Chief Executive Officer, NSE, Mr Oscar Onyema, while speaking at the 58th Annual General Meeting of the Exchange in...

In One Week, Stock Turnover Drops By N2.06bn   The value of stocks traded on the floor of the Nigerian Stock Exchange dropped by 10.95 per cent to N16.69bn at the end of last week as market activity for the week saw a decrease. The market recorded...

Nine Banks To Reduce Non-performing Loans To Meet CBN’s Threshold   A total of nine banks listed on the Nigerian Stock Exchange are reducing the size of their non-performing loans in an attempt to meet the five per cent threshold prescribed by the Central Bank of...

Market Loses N138bn To Sell-offs In MTN, Others   Trading on the floor of the Nigerian Stock Exchange (NSE) sustained the previous day’s bearish outing as sell-offs in STANBIC (-8.3%), GUARANTY (-2.4%) and MTNN (-0.7%) saw the market shed N138 billion from market capitalization to close...

FG Lists N295.9m Worth Savings Bond On NSE   The Federal Government has listed a total of N295.9m of its series 60 and 61 of its savings bond on the Nigerian Stock Exchange. The NSE said in a circular on Friday that the bonds were listed on...

Foreign Withdrawals Hit N316.19bn In 8 Months   Investors’ participation in the nation’s stock market has dropped by 29.5 per cent year-on-year, data from the Nigerian Stock Exchange, has shown. The NSE in its monthly market report, said the total transactions executed on the trading floor dropped...