By InvestAdvocate The Nigerian Stock Market is at the verge of achieving another major transformation as the Central Securities Clearing System (CSCS) Plc adopts the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system to enhance transactions in the market. SWIFT provides a communication gateway that enables financial institutions worldwide to […]
Tag: Nigerian
Stocks rally to halt six-session slide
Stocks on the Nigerian Stock Exchange rallied on Thursday to prevent the equity market from falling for the seventh consecutive session. At the end of trading activities on the floor of the Exchange, investors had traded 255.574 million shares worth N5.026bn in 5,420 deals, with analysts explaining that gains by […]
Major losses drag NSE index down by 1.2%
Losses recorded by 32 stocks on Wednesday dragged major Nigerian Stock Exchange indices down for the third straight session this week. The NSE’s All-Share Index fell by 1.29 per cent or 485.93 basis points from 37,589.60 points on Tuesday to 37,103.67 points. Similarly, the market capitalisation of the listed equities […]
