Shares, Banking, Others Attracted $47.45bn Forex In 4yrs   Shares, financing and banking were the three top economic activities that attracted the bulk of the $47.45 billion foreign exchange inflow to Nigeria in the last four years. Data from the National Bureau of Statistics (NBS) show that...

Lagos Joins O’odua Group, Acquires 115m shares Lagos state has finally joined the O’odua Investment Group after forty-two years of galvanizing the economy of states in the western region. The six Governors of south west region under the auspices of the Western Nigerian Governors Forum on...

Investors Dump Shares, As NSE Equities Capitalisation Hit A Six-Day Fall   The Nigerian Stock Exchange equities capitalisation, on Wednesday, continued its free fall for the sixth consecutive day, crashing by N69bn. The NSE equities capitalisation dropped to N14.844tn from N14.913tn reported on Tuesday as sell offs...

Dumping Of Dangote Cement, Zenith Bank’s Shares Drags Market Down   Losses at the close of trading on the floor of the Nigerian Stock Exchange, on Tuesday, were driven majorly by sell-offs in Dangote Cement Plc, Zenith Bank Plc and International Breweries Plc. The NSE All-Share Index...

The Nigerian Stock Exchange (NSE) has begun the implementation of newly amended rules aimed at tightening the noose on unauthorised sale and transfer of shares by unscrupulous stockbroking firms and traders. Last week, the Exchange  started the implementation of a detailed and tougher rule on...