Capital Market

WACMI pushes for Capital Markets Integration, Cross Boarder Investments, others at Capacity Building Programme

July 5, 2023/SEC Nigeria In a bid to foster collaboration and enhance the understanding of the opportunities and challenges associated with the integration of capital markets in the West African region, the West African Monetary Institute is set to host a Capacity Building/Sensitization Program on West African Capital Markets Integration […]

We are working with stakeholders to reduce settlement cycle – NGX

July 5, 2023/NGX Due to the current reforms and competition among exchanges in global financial markets, Nigerian Exchange Limited (NGX) on Thursday revealed that it is working assiduously with the Central Securities Clearing System (CSCS) Plc and other stakeholders to reduce the settlement cycle from T+3 to T+1 over the […]

Market Opens Week Positive +1.6% Buoyed by ACCESSCORP, MTNN, STANBIC

July 3, 2023/Cordros Report EQUITIES The Nigerian equities market picked up from where it left off last week, closing higher on gains in MTNN (+1.7%), STANBIC (+9.3%), and ACCESSCORP (+9.9%). Thus, the All-Share Index advanced by 1.6% to close at 61,949.24 points, pushing the Year-to-Date return to +20.9%. The total […]