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NSE, Luxembourg Exchange Sign MoU On Green Bond

NSE, Luxembourg Exchange Sign MoU On Green Bond   The Nigerian Stock Exchange and the Luxembourg Stock Exchange have signed a Memorandum of Understanding to cooperate in promoting cross listing and trading of green bonds in Nigeria and Luxembourg. The announcement was made at the signing ceremony...

In Six Months, Banks’ Impairment Charges Plunge By 34% To N86bn

In Six Months, Banks’ Impairment Charges Plunge By 34% To N86bn   Banks’ provision for loan losses have improved significantly as it reduced by 34 per cent in the six months ended June 30, according to the results posted by financial institutions on the Nigerian Stock...

Stock Welcomes September With N19bn Gain

Stock Welcomes September With N19bn Gain   The equities market opened trading in September on a positive note as investors gained N19bn. Analysts at Afrinvest Securities Limited said trading activities resumed the week with bargain hunting in Nestlé Nigeria Plc, Cement Company of Northern Nigeria Plc and...

GTB,UBA, Others Near One-year Low On NSE

GTB,UBA, Others Near One-year Low On NSE   The persistent bearish performance of stocks at the Nigerian Stock Exchange in recent times has seen prices of large cap stocks decline rapidly dropping to one-year low levels and two-year low levels in some cases. Stocks such as Dangote...

Stock Market Gains N255bn On Renewed Investors’ Interests

Stock Market Gains N255bn On Renewed Investors’ Interests   The nation’s stock market sustained its bullish performance on Thursday, gaining N255bn in two days as investors took positions in low-priced stocks on the Nigerian Stock Exchange. The equities market posted a gain of N120bn on Wednesday, its...

Insurers Want NSE’s Support For Recapitalisation

Insurers Want NSE's Support For Recapitalisation   The Chairman of Nigerian Insurers Association, Mr Tope Smart, has asked the Nigerian Stock Exchange to assist the insurance companies in its bid to meet the new capital base prescribed by the National Insurance Commission. The commission had increased the...