Capital Market

SEC Says will Revoke Registration of 400 Capital Market Operators on Non-Compliant of Data Update

June 5, 2017/SEC The Securities and Exchange Commission (SEC) is to revoke the registration of about 400 Capital Market Experts or Professionals who do not comply with the directive to provide updated information of their companies/firms by July 31, 2017.    According to a circular from SEC, “any firm whose […]

Nigerian share index hits 23-month high

June 5, 2017/Reuters Nigeria stocks extended their rally for the fifth consecutive day on Monday, helped by gains in cement, fuel retailing and banking stocks. A rise in Dangote Cement, which accounts for a third of the market’s value, pushed up the overall index to 3.86 percent to cross 32,000 […]

ASI: Intraday Update

June 5, 2017/InvestmentOne Research ASI as at 12.00pm: +3.93% Market movers: MOBIL (+10.25%), FBNH (+10.12%), UNIONDICON (-4.95%), CILEASING (-4.55%) Sector Performances: Industrial (+4.17%), Oil & Gas (+3.24%), Banking (+2.00%), Consumer Goods (+1.13%) Market activity: With  over 59m units of FBNH stocks traded, volume turnover currently stands at c.244m units of stocks […]