Investors Bite

SEC to Collaborate with Ministry on Solid Minerals Development

May 30, 2021/SEC Nigeria The Securities and Exchange Commission is seeking to collaborate with the Ministry of Mines and Steel Development to address some of the challenges faced by the solid minerals sector through the Commodities Exchanges.  This was stated by Director General of the SEC, Mr. Lamido Yuguda during […]

Bears Sustain Hold as Nigerian Bourse Suffers Second Consecutive Weekly Loss -0.2%

The bears continued to dictate proceedings in the local bourse as the market suffered its second consecutive weekly loss as the All-Share index closed the week 0.2% lower at 38,256.99 points. May 28, 2021/Cordros Report Global economy Supply shortages continue to hit factories in the United States, following the strong […]

NGX Reports Domestic Outperform Foreign Investors +64% in April 2021

May 27, 2021/NGX On a monthly basis, Nigerian Exchange Limited (“NGX”) polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI)4 flows. As at 30 April 2021, total transactions at the nation’s bourse decreased by 30.01% from N228.49billion (about $560.55million) in March 2021 5 to N159.93billion […]