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LAGOS – The Nigerian stock market yesterday closed the first trading day in the month of October on a negative note when it declined by 1.14 per cent amid bearish momentum as investors’ sentiment remained lukewarm. The All Share Index decreased by 315.69 basis points, representing a dip of 0.14 perContinue Reading

The Nigerian Stock Exchange closed bearish for the week ended Friday, 27th September 2019 as key market growth indices were downturned. The bearish trend was as a result of heavy losses suffered by some blue-chips stocks such as; Stanbic IBTC Bank, Presco Plc and Cement Company of Northern Nigeria Plc. Continue Reading

The Southern, Middle Belt Leaders Forum (SMBLF) yesterday rejected the National Livestock Transformation Plan (NLTP) of the Federal Government, maintaining that the policy makes no economic sense for the country. The body queried the rationale behind the move by the President Muhammadu Buhari administration “to use the collective resources ofContinue Reading

Oil prices eased in early Asian trade yesterday as weak manufacturing data from Europe and Japan focused market attention on a gloomy outlook for demand, though lingering uncertainty over Saudi supply disruption broke the drop. Brent crude futures fell 29 cents to $64.48 a barrel while U.S. West Texas IntermediateContinue Reading

The Acting Director General, Securities and Exchange Commission (SEC), Mary Uduk , spoke to the media at the end of the recently concluded Capital Market Committee meeting on  collaboration of SEC and other relevant stakeholders to develop the certification frame work for collateral managers. BAMIDELE OGUNWUSI was there and bringsContinue Reading

A company’s marketing budget is formed by a number of factors, the biggest being the amount the company or small business is able to spend. This can have a major effect on the outcome of a campaign, but in order to get the most out of a campaign of anyContinue Reading

By Dipo Olowookere The nation’s stock market closed 0.39 percent higher on Wednesday after suffering two consecutive losses this week as a result of profit taking activities by investors. During yesterday’s session, the bulls chased out the bears from the market as investors kept an eye on proceedings at theContinue Reading