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Cost of funds to fall as N1.1tr boost interbank market - Vanguard News NigeriaCOST of funds is expected to fall this week in the interbank money market in response to inflow of N1.05 trillion from maturing treasury bills (TBs).
Source: vanguardngrnews - 🏆 5. / 75 Read more »
FG Raised N1.6trn From Capital Market In 2018The federal government raised a total of N1.6 trillion from the Nigerian capital market in 2018. The chief executive officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema disclosed this at the 2018 market performance and outlook for 2019 in Lagos, Nigeria. He said that capital raising was dominated by the federal government, being […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Operators blame govt, politicians over N1.9trn investors’ loss in stock market - Vanguard News NigeriaOperators in the capital market have attributed the huge losses suffered by investors in the stock market in 2018 to the activities of the government and political parties.
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Investors Lose N1.9trn To Stock Market VolatilityConcerns about the 2019 general elections as well as the cautious stand adopted by Foreign Portfolio Investors (FPIs) and other domestic portfolio managers over unfolding political events in the country have resulted in a huge loss of N1.888 trillion by stocks market investors in 2018. The key performance indicator of the Nigerian Stock Exchange (NSE), […]
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Equities Investors Lose N1.9tn, Market Declines by 17.8% in 2018 - THISDAYLIVE• Nigeria’s debt rises to N22.4tn Goddy Egene and Nume Ekeghe Contrary to high expectations that the Nigerian equities market will sustain the 2017 positive performance in 2018, the market closed the immediate past year with a decline of N1.898 trillion, while the Nigerian Stock Exchange (NSE) All-Share Index (ASI) depreciated by 17.8 per cent. …
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Oil falls amid stock market slide, but market eyes OPEC meetingOil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by the Organisation of the Petroleum Exporting Countries (OPEC). The meeting is expected to result in a supply cut aimed at draining
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Bearish market not helping market making activity – Cowry Asset - Vanguard News NigeriaThe protracted bearish run in the equities market coupled with the high interest rate environment have combined to render market makers ineffective, Mr. Johnson Chukwu, Managing Director/CEO, Cowry Asset Management, has said.
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