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FG Lists January Savings Bonds

FG Lists January Savings Bonds     The Federal Government at the weekend listed two new tranches of its Federal Government of Nigeria Savings Bond (FGNSB) on the Nigerian Stock Exchange (NSE), paving the way for investors to trade on the debts. The two bonds – a two-year...

Stock Market Posts N370bn Weekly Loss As Investors Take Profit

Stock Market Posts N370bn Weekly Loss As Investors Take Profit       The Nigerian’s stock market shed N370bn after five straight trading sessions of losses last week amid profit-taking. The Nigerian Stock Exchange All-Share Index and market capitalisation depreciated by 1.66 per cent to close the week at...

Investors Lose N20bn As Stock Extends Decline

Investors Lose N20bn As Stock Extends Decline       Investors lost N20bn on Wednesday as the nation’s stock market extended its decline to the third consecutive trading session amid profit-taking. Five insurance stocks were among the top six losers at the end of trading on Wednesday. The market had...

Foreign Portfolio Investments Decline To Four-year Low At N729.2bn

Foreign Portfolio Investments Decline To Four-year Low At N729.2bn       Foreign portfolio investments (FPIs) in Nigeria dropped to a four-year low at N729.20 billion in 2020 as foreign investors’ appetite for Nigerian investments remained subdued by macroeconomic risks. Nigeria’s latest FPI report obtained at the weekend showed...

Stock Market Ends January With N1.13trn Gain

Stock Market Ends January With N1.13trn Gain         Trading activities on the floor of the Nigerian stock market finished the month of January impressive to emerge the best performing exchange in Africa. Available data revealed that activities on the Nigerian Stock Exchange which opened the trading year...

Stock Market Gains N46bn On Blue Chip Firms

Stock Market Gains N46bn On Blue Chip Firms         Equity trading on the floor of the Nigerian Stock Exchange on Monday closed on the positive note with a gain of N46bn as the bulls regained grip on trading activities. The market performance indices, NSE ASI, appreciated by...