Tag: Capital Market

Firm proposes strategy for capital market rebound
Business Business News Capital Bancorp Plc Capital Market Tola Mobolurin

Firm proposes strategy for capital market rebound

Capital Market Investment expert and Chairman, Capital Bancorp Plc, Tola Mobolurin, has urged government to skew its economic reforms toward boosting investors’ confidence to re-position Nigeria’s capital market amid harsh operating environment .      Besides, Mobolurin, who attributed Capital Bancorp’s achievements spanning 30 years corporate existence to adherence to […]

Bearish hold force market index down by N32 billion
Business Capital Market Forte Oil Nigerian Breweries Okomu oil Union Bank of Nigeria

Bearish hold force market index down by N32 billion

Nigerian Stock Exchange Following price losses recorded by most bluechip companies, equity transactions reopened on a bearish note yesterday, causing market capitalisation to plummet by N32 billion. Specifically, at the reopening of transaction for the week on Monday, the All Share Index (ASI) was down by 88.90 absolute points, representing […]

Profit-taking drags stock market All-share index down 1.5%
Business Capital Market Nigerian Stock Exchange NSE Sterling Bank

Profit-taking drags stock market All-share index down 1.5%

Brokers on the floor of Nigerian Stock Exchange in Lagos. Bearish sentiments resurfaced on the trading floor of the Nigerian Stock Exchange (NSE) yesterday, following profit-taking by investors, resulting to a significant drop in the All-share index by 1.5 per cent. Yesterday, the All Share Index (ASI) shed 519.31 absolute […]

Equity market depreciates 0.77% on banks’ stocks slump
Business Capital Market CBN Central Bank of Nigeria Dangote Forte Oil Guaranty Trust Bank Lafarge Africa Nigerian Stock Exchange NSE Stanbic IBTC Holdings

Equity market depreciates 0.77% on banks’ stocks slump

Nigerian Stock Exchange Central Bank of Nigeria (CBN) huge fines on four deposit money banks over alleged illegal fund repatriation on behalf of MTN Nigeria weighed heavily on the local bourse yesterday, causing the All-share index to slide by 0.77 per cent. The Nigerian Stock Exchange-All Share Index (NSE-ASI) decreased […]