Forex: CBN slashes BDC rate to N360

Central Bank of Nigeria (CBN) …$100m offer fully subscribed By Etuka Sunday Barely 24 hours after its directive to Deposit Money Banks (DMBs) in the country to sell foreign exchange obtained from it to retail end-users at not more than N360/$1 for invisibles, the Central Bank of Nigeria (CBN), yesterday crashed the rate at which it sells forex to More...

by Peoples Daily | Published 3 months ago
By Peoples Daily On Monday, March 27th, 2017
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NSE : Capitalization dips by 0.80%

From Ngozi Onyeakusi, Lagos Transaction on the floor of the Nigeria Stock Exchange (NSE) last week ended on bearish trend as the twin market indicators ended red. Specifically, the NSE All-Share Index depreciated More...

By Peoples Daily On Monday, September 19th, 2016
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SEC charges Marijuana-Container Company with Illegal Stock Sales

The Justice Department and the U.S. Securities and Exchange Commission filed criminal and civil charges against two Colorado men who allegedly reaped more than $12 million from selling bogus stock linked to a hydroponic More...

By Peoples Daily On Monday, September 19th, 2016
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Equity market up by 1.02%

Stories from Ngozi Onyeakusi, Lagos Driven by activity in the financial services industry, transaction on the floor of the Nigeria Stock Exchange (NSE) last week ended on a bullish noted as market indicators ended More...

By Peoples Daily On Monday, August 8th, 2016
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Equity market dips by 2.09%

From Ngozi Onyeakusi, Lagos Heavy invest losses last week greeted stocks quoted on the floor of the Nigeria Stock Exchange (NSE) as market indicators ended red. Specifically, the NSE All-Share Index depreciated More...

By Peoples Daily On Monday, July 18th, 2016
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Stock market: Equities slide by 0.17%

Nigerian Stock Exchange (NSE) From Ngozi Onyeakusi, Lagos Transaction on the floor of the Nigeria Stock Exchange (NSE) has for the couple of weeks remained on a bearish trend as market indicators saw depreciations. Specifically, More...

By Peoples Daily On Monday, July 18th, 2016
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SEC determined to raise market participation – Gwarzo

In a sustained effort aimed at deepening the nation’s capital market, the Securities and Exchange Commission (SEC) says it is bent at raising the participation of retail investors in the market. This was disclosed More...

By Peoples Daily On Monday, July 4th, 2016
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Market capitalization dips by 4.39%

Nigerian Stock Exchange (NSE) From Ngozi Onyeakusi, Lagos Heavy investment losses last week greeted equities listed on the floor of the Nigeria Stock Exchange (NSE) as market indicators turned red. Specifically, More...

By Peoples Daily On Monday, June 13th, 2016
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Equity Market: investors decry low returns

Nigerian Stock Exchange (NSE) Stories from Ngozi Onyeakusi, Lagos Transaction on the floor of the Nigeria Stock Exchange (NSE) last week ended on the bearish note as market indicators turned red. Specifically, the More...

By Peoples Daily On Monday, April 18th, 2016
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NSE Market indicators shed 2.40%

From Ngozi Onyeakusi, Lagos Heavy investment losses last week greeted shocks listed at the Nigeria Stock Exchange (NSE) as market indicators dipped by 2.40%. Specifically, the NSE All-Share Index depreciated by More...