By Udeme Ekwere The market capitalisation of listed equities on the Nigerian Stock Exchange has dropped by N517tn or 5.8 per cent in the last one month. Trading activities had improved significantly when the Asset Management Corporation of Nigeria began operations last year, hitting a high of N8.885tn on January […]

By Udeme Ekwere The Nigerian Stock Exchange has urged banks in the country to encourage the Small and Medium Scale Enterprises to list their shares on the Exchange. The Interim Administrator of the NSE, Mr. Emmanuel Ikazoboh, who made this plea, said encouraging SMEs to list their shares on the […]

By Stanley Opara The United Bank for Africa Plc has signed an agreement with HSBC London for a $100m multi-currency facility specifically for imports. The bank, in a statement on Friday, said the move was in line with its drive to facilitate trade and promote economic growth across the continent. […]