Computer Warehouse Group Nigeria's leading player in the Hardware and IT enterprise solution industry, stepped up its operational value, with its listing on the Nigerian stock exchange. A positive move for the Nigerian market considering the towering perf
The Nigerian financial market received a boost with the launch of the Financial Market Dealers Quotation OTC market platform at the Muson centre, Lagos. This was another bold step to attenuating strategic operations that will deepen and give depth and q
Today, healthcare sector records more hit as investors engaged the sector with cautious approach during the session while the market outlook further reveals increased sell pressure in the sector, particularly towards the active firms in the sub-sector.
Shares outstanding or company float represents the number of shares an issuing entity has made available for trade by the general public. It includes all stocks held by company investors – i.e. both common shares held by the public and the restricted shar
Companies listed on the Nigerian bourse continue to turn in their Q3 2013 result with firms like NPF Microfinance Bank and Wema Bank Plc being the early filers while the total number of companies that have filed till date stands at twenty-six (26).
The vast deficit in Africa's infrastructure and increase in cement consumption has seen major global cement manufacturers come into the African markets. From a very low base about two decades ago, Africa now constitutes a significant percentage of multina
Africa Stock markets remain one of the fastest growing emerging markets around the world despite the fact that investors sometimes flee emerging/frontier markets as they seek safer havens and higher returns in the developed economies/markets.
As the markets across the globe resumed for the new week with optimism,after the American budget impasse had been resolved. Activities at the Nigerian financial bourse for monday climaxed with the visit of the US Consul General Mr Jeffrey Hawkins.
Nigerian Stock Market has not really delivered any significant return in the last five (5) years as it has just made an average return of -7.97% between 2008 and 2012. It recorded a whopping -52.06% loss in 2008 while similar outlook was also recorded in
For the first nine months of the year 2013, the Nigerian Capital Market enjoyed some impressive rally. The rally experienced could be tied around factors such as the rub off effect of 2012 year end, impressive valuation of blue chip companies, growing inv
Nigerian Capital Market recorded a positive performance at the end of Q3 13 despite the bearish run witnessed during the period of review while the uptrend figure witnessed was very minimal compared to what was obtainable at the end of Q2 13.
Equity Markets have observed several shifts in sentiments since the beginning of the year 2013. Thanks to the third round of quantitative easing launched by the US Federal Reserves in September 2012. Nigerian Stock Market too rallied at the beginning of 2
Wema Bank plc, Nigeria's oldest indigenous lender, today announced the successful completion of its N40bn special placing and subsequent allotment of shares and approval by the Securities and Exchange Commission. With this approval, a total of 26,667,123,
The Nigerian Stock Exchange is set to commence trading activities on its new trading platform, X-GEN, from next week. This was disclosed by Mr. Oscar Onyema, the Chief Executive Officer of the Exchange. ”We have had a series of market readiness tests, cre
Cashcraft Asset Management Limited, its Directors and Sponsored Individuals, are hereby suspended from all capital market activities. The suspension is as a result of the company’s violation of Section 155 of the ISA 2007 in its management of Anchor and B
The Nigerian Stock Exchange in its latest Broker Trax dated 23rd September, 2013 (BUT RELATED TO INFORMATION THAT IS 9 MONTHS PAST DUE) provides the up-to-date list of approved dealing member firms of the Exchange.
The Nigerian Stock Exchange (NSE) has concluded training of over 627 Stockbrokers in preparation for the Q3 2013 launch of its new Trading Platform, the X-Gen. The training sessions were spread across various parts of the country and executed over a two m
Yesterday, the Nigerian stock market made a strong negative opening to start the new month, gapped down by -1.78basis points in the early trades which signalled the strong pessimistic postures of key/active investors on the Nigerian bourse. Given that the
Nigeria's foremost indigenous major marketer of refined petroleum products, Forte Oil plc (formerly AP Plc) presented its financials to the investing public at the Nigerian Stock Exchanges 'FACTS BEHIND THE FIGURES session today.
One of the leading emerging market exchanges in the globe, the Nigerian Stock Exchange (NSE) took another groundbreaking step in its goal of becoming a vast and strategic market by facilitating the market data technology exhibition at the Civic Centre,L
The financial bourse of Nigeria, the Nigerian Stock Exchange has moved a step closer to closing the back and establishing the nexus between privatized public entities and their inclusiveness on the bourse of the national market.
Global stocks experienced a volatile half year as markets opened the year on a strong note which was largely supported by the accommodating monetary policy posture from developed nations. Interestingly, emerging markets grew faster than their developed co
Determining highly liquid and easily tradable stocks on the Nigerian bourse; like all other trading exchanges, is a function of volume trade analysis i.e. the number of shares traded between buyers and sellers over any given period of time. When it comes
As at the end of June 2013, and despite the bearish run witnessed in the last few weeks of Q2 '13, market consolidated on the +35.45% gains recorded at the end of the year 2012 as the NSE All-Share Index (ASI) stayed up by +28.80% at the end of Q2 '13 (Q1
With the end of the Q2 '13 and the developments in the first two weeks of H2 2013, it is important to take stock and review how various assets have performed in the first half of 2013 and assess the outlook for the rest of 2013 and, more importantly, the
The Nigerian stock exchange engaged today, with the media, analysts and research groups on its product The Market Data a new service designed in the main, to re-establish its natural intendment for the use of data in the Nigerian Capital market and s
The performance of key NSE sectoral indices which has been very impressive in the current year followed a continuous trend as almost all the indices recorded further gains to end Q2 13 with stronger and positive figures.
Global Stock Markets have been very volatile in the last few weeks as a result of the statement made by the Federal Reserve Chairman Ben Bernanke deciding that they may soon end their quantitative easing program. This simply implies that they will be buyi
Renaissance Capital, the leading emerging markets investment bank, partnered with The Nigerian Stock Exchange (NSE) for a one-day Institutional Investors’ Clinic at the Civic Centre, Victoria Island, Lagos. The clinic was aimed at bringing regulators, ope
The International Organization of Securities Commissions (IOSCO) last Friday hosted a meeting in Madrid with 60 market participants from more than 20 countries, including some 30 international financial associations and investor groups.
The Nigerian Stock Exchange (NSE) announced the results of the biannual review for The NSE 30, NSE 50 and the five Sectoral Indices of The Exchange - The NSE Banking, TheNSE Consumer Goods, TheNSE Oil & Gas, The NSE Industrial and The NSE Insurance. The c
Prior to the March 2008 market crash, the Nigerian Stock Market was a lively world as it was rode on the banking consolidation and recapitalization programme of Nigerian banks by the Charles Soludo led CBN management, off the back of a good economic envir
The astronomical growth level achieved during the market boom era affected the valuation of stocks - as companies across market capitalizations traded at much higher prices and even stocks with good fundamentals appeared quite expensive relative to the ov