By Taiye Olayemi The Nigerian equities market closed the month of August on a bearish note, shedding N587 billion in market capitalisation. This is due to weak investor participation and disruptions associated with the transition to a new settlement structure. The market capitalisation, which opened the month at N158.326 trillion,Continue Reading
By Joy Oyerinde The National Institute of Credit Administration (NICA) says Nigeria’s reclassification by FTSE Russell and Moody’s positive outlook could strengthen capital inflows and deepen access to credit for businesses. Prof. Chris Onalo, NICA’s Registrar and Chief Executive Officer, said this in an interview with the News Agency ofContinue Reading
By Taiye Olayemi Shareholders of Nigerian Exchange Group Plc (NGX Group) have commended the board and management for the group’s performance and strategic direction in the 2025 financial year. The shareholders gave the commendation during the 65th Annual General Meeting (AGM) of the group in Lagos. They acknowledged the group’sContinue Reading
By Taiye Olayemi Stockbrokers have commended the extension of trading hours on the Nigerian Exchange Ltd., describing it as a major step toward deepening the capital market and aligning it with global standards. The market operators, who spoke in interviews with the News Agency of Nigeria (NAN), said the developmentContinue Reading
By Taiye Olayemi Capital market experts say the restoration of Nigeria’s Frontier Market status by FTSE Russell would boost growth prospects for the country. The experts told the News Agency of Nigeria (NAN) in interviews in Lagos that the development was expected to strengthen investor confidence, enhance liquidity, and attractContinue Reading
