Foreign Portfolio Investments Fall By N178.7bn In Q3         Foreign portfolio transactions in the Nigerian markets declined by N178.66billion to N510.25 billion by third quarter 2020 as foreign investors continued selloff amid concerns over foreign exchange control, illiquidity and other macroeconomic risks. Latest foreign portfolio investment (FPI)...

Stock Market Extends Weekly Gains       Activities on the nation’s equity market last week sustained positive sentiment despite #EndSARS protests that paralysed the economy. The NSE All-Share Index and Market Capitalisation both appreciated by 0.13 per cent to close the week at 28,697.06 and N14.99tn respectively. All other...

Shareholders Approve Delisting Of 11 Plc From NSE         Shareholders of 11Plc (formerly Mobil Oil Nigeria Plc) have approval to the company’s proposals to voluntarily delist from the Nigerian Stock Exchange. The approval was part of the resolution at the company’s Annual General Meeting held in Abuja. The...

Oil & Gas Firms Raise N400bn From Capital Market - Onyema         Companies in the oil and gas sector have raised over N400 billion across several asset classes using the Nigerian Stock Exchange (NSE) platform in recent years, the chief executive officer (CEO) of the Exchange...

Stocks Hit More Than Five-year High, Gain N710bn       The Nigerian stock market sustained its positive outlook on Tuesday for the 12th trading session as the All-Share Index rose by 4.92 per cent to its highest in more than five years. The market capitalisation of equities appreciated...

NSE To Earn N5 On N1m Bond       The Nigerian Stock Exchange (NSE) will from today earn N5 on every N1 million worth of transactions at its fixed-income securities market. Under the new cost structure that takes effect today, the NSE will charge a fee of...