Profit taking persists on NSE, indices down by 0.22%
Activities on the Nigerian Stock Exchange (NSE) maintained a downward slide on Friday with the market indicators depreciating further by 0.22 per cent. Specifically, the
Category : Finance
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Expert urges CBN to enhance domestic capacity to hedge inflation
An economist, Mr Moses Igbrude, has advised the Central Bank of Nigeria (CBN) to enhance domestic capacity to hedge the rising inflation. Igbrude, the Chief
African Development Bank to grant Morocco $220m for industrialisation
The official news agency, MAP, reported on Friday that the African Development Bank (AfDB) would grant Morocco 220 million U.S. dollars to support industrialisation at the
2020 Budget: Early disbursement, mobilisation for capital projects will boost stock market – Experts
Some capital market operators on Thursday said that early disbursement and mobilisation for capital projects of 2020 budget would boost activities in the nation’s stock
Budget support facility: Deductions ongoing—Finance Minister
The Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed, says deductions are being made from states for the Budget Support Facilities given by
Afrexim Bank pledges to mobilise resources for Southeast development
The President, Afrexim Bank, Prof Benedict Orama, has said the bank will mobilise financial resources for the development of the South East region if the
NSE turnover inches 30.74% in bearish trading
The volume of shares traded on the Nigerian Stock Exchange (NSE) increased by 30.74 per cent on Thursday in a bearish trading. Speficially, investors bought
How SEC helped tackle incidence of unclaimed dividends–Shareholders
Shareholders in Ibadan Zone on Wednesday commended the Securities and Exchange Commission (SEC) for initiating policies which had helped to reduce the huge number of
NSE: Market capitalisation inches N3bn growth
The Nigerian Stock Exchange (NSE) ended Wednesday session with a marginal growth of 0.02 per cent. Specifically, the All-Share Index improved by 5.29 points or
FG releases N1.2trn for Capital Expenditure in 2019, generates N4.25trn —Minister
The Federal Government has so far released 1.2 trillion in capital expenditure, representing a 50 per cent capital performance for the 2019 fiscal year. The
