Get all the latest information on businesses and companies in Nigerian Stock Exchange.
In: News|stock exchange
13 Jan 2009The Vanguard Newspapers reports today that the NSE has announced that they will be launching 5 new trading indices. They are:
Here are some of the major news stories from the past week:
In: News
29 Nov 2008Here are the major business news this week:
In: News|stock exchange
25 Nov 2008According to Business Day, the 3 companies, Greenwich Trust Limited, Vetiva Capital Management Limited and Chapel Hill Denham Group have been selected by the SEC to stabilize the markets. Here is the report by Business Day: http://www.proshareng.com/myproshare/portal_news.php?id=5339 Capital market makers emerge The dwindling fortunes of the nation’s capital market are expected to experience improvement as [...]
In: News
18 Nov 2008Courtesy of Investor Delight, here is the weekly report for the week ended Friday, November 14th 2008:
In: Market Analysis|News
29 Oct 2008Afrinvest has prepared a well written report on the reinstated 5% circuit breaker. Here is an excerpt: Going Forward: What are the Opportunities?Overall, Afrinvest Research expects that a return to +5%/-5% will lead to a significant sell-off in Nigerian equities, and a sharp decline in market valuations. However, we expect that the return to previous [...]
In: News
17 Oct 2008As expected,the dip in share prices is blamed for Union Bank’s suspension of its offer:
In: News
17 Oct 2008The Federal Government has announced that they will be reducing the oil benchmark for the 2009 budget from the current projected price of $62/barrel. It is expected to be around $45 to $59. Here is the report by Business Day:
In: News
10 Oct 2008Here are some of the major news stories for this week in the NSE:
In: News
1 Oct 2008Major news headlines in NIgerian business over the past week:
This blog is dedicated to informing users on the latest business and economic news news from the CBN and Nigerian Stock Exchange. Happy reading!