Category: Capital Market

Dangote Cement Plant at Abajana, Kogi State Dangote Cement plc ’s impressive earning declared for the year ended December 31, 2015 has repositioned the value of its shares as it added N562.337 billion last week. The Company share price opened market with N135.00 kobo and closed the market at N168.00 kobo per share, represented 24.44…

Trading activities on the floor of the Nigerian Stock Exchange, NSE, closed in the Green Zone on Wednesday, March 2, as the All Share Index leaped by 2.25% to close at 25,396.83 points. Consequently, the Year-to-date (YTD) depreciation dropped to 11.33%. Similarly, the Market Capitalization appreciated by 2.24% to close at N8.74trn, compared with the…

The Securities and Exchange Commission (SEC) revealed that there are less than 2 per cent participation of retail investors in the Nigerian stock market as the commission aims to attract more retail investors into the Nigerian capital market in its determination to deepen and develop the market. The director-general of the SEC, Mounir Gwarzo, stated…

Trading activities on the floor of the Nigerian Stock Exchange, NSE, on Tuesday, March 1, sustained upward trading as the All Share appreciated by 1.09 per cent to close at 24,838.31 basis points, compared with the 1.41 per cent appreciation recorded previously. The market capitalization, which started yesterday with N8.452 trillion rose by 1.10 per cent to…

SEC NIGERIA CRY OUT OVER IMPACT OF TSA ON ITS OPERATIONAL COSTS  The Securities and Exchange Commission (SEC) has lamented that what it generates from the market cannot cover 50 per cent of its cost. Addressing members of the House of Representatives Committee on Capital Market yesterday in Abuja, Director-General, SEC, Munir Gwarzo, expressed concerns…

SEC Targets More Retail Investors LEFT TO RIGHT: Deputy Chairman House Committee on Capital Market Hon Nwulu Chinedu, Director General  Securities and Exchange Commission,   Mounir Gwarzo, Chairman House Committee  on Capital Market Hon Tajudeeen Yusuf and Member, Hon Damburam Abubakar during an oversight visit of the House of Reps Committee on Capital Market to SEC Headquarter in Abuja, Tuesday The Securities and Exchange…