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Stock Exchange: Energy Sector Records 3.6% Gain in One Week

Stock Exchange: Energy Sector Records 3.6% Gain in One Week   Over the last seven days, the Nigerian stock market has remained flat, although the energy sector gained 3.6% in that time. More promisingly, the market is up by 69% over the past year. Economic Confidential reports that...

‘UAE Visa Ban Lift’ll Transform Stock Exchange’

'UAE Visa Ban Lift’ll Transform Stock Exchange'   Billionaire businessman, Mr Femi Otedola, yesterday, commended President Bola Tinubu for resolving the United Arab Emirates, UAE, visa ban on Nigerians. While commenting on the efforts by Tinubu to resolve the impasse between Nigeria and UAE, Otedola, in a...

FG Lists N9.8bn Savings Bonds On NGX

FG Lists N9.8bn Savings Bonds On NGX   The Federal Government at the weekend listed 14 tranches of its Federal Government of Nigeria’s Savings Bonds (FGNSBs) worth N9.801 billion on the Nigerian Exchange (NGX), providing a secondary window for existing and new investors to trade on...

Dangote Cement For Listing On London Stock Exchange

Dangote Cement For Listing On London Stock Exchange   Africa’s biggest cement producer, Dangote Cement may be listed on the London Stock Exchange in 2019. The company’s president, Aliko Dangote made this known recently in London. Dangote spoke during “One to One Conversation”, with Lionel Barber, the editor...

SEC Lifts Suspension Order on Oando Shares

SEC Lifts Suspension Order on Oando Shares The suspension order placed on Oando shares have been lifted on the orders of the Securities and Exchange Commission(SEC). The lift order was contained in a statement directed by the management of SEC and made available to Economic Confidential...

Indonesian Stock Exchange collapses

A floor at Indonesia’s stock exchange collapsed into the building’s lobby, on Monday, injuring an unknown number of people, according to media reports. “We are still investigating the cause, but for now our priorities are the casualties,” Jakarta police spokesman Argo Yuwono told Metro TV. Footage...