07
OctThe Nigerian stock marketlast week declined by 0.95% as Dangote Cement, MTN Nigeria, BUA Cement and other 30 stocks shed weights. The All Share Index and Market capitalization declined by 0.95% to settle at 97,520.54 and N56.039 trillion respectively. An aggregate of 2.87 billion units of shares were traded in 39,865 deals, valued at N132.8 billion. The […]
04
OctThe Central Bank of Nigeria (CBN) has announced the introduction of the Electronic Foreign Exchange Matching System (EFEMS) for Foreign Exchange transactions in the Nigerian Foreign Exchange Market (NFEM). This system is set to be implemented no later than December 1, 2024, with a two-week test run scheduled for November. According to the CBN, the new system[…]
04
OctIt was a bearish session on the floor of the Nigerian stock market on Thursday as The All Share Index was down by 1.19% to close at 97,064.42 points from the previous close of 98,232.39 points. The Market Capitalisation declined by 1.19% to close at N55.777 trillion from the previous close of N56.448 trillion, thereby shedding N671[…]
