Category: Business
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Stock market indices increase by 0.56%, investors gain N405bn
The stock market closed on a positive note Wednesday, as performance indices grew by 0.56 per cent amid increased buying interest and bargain hunting.
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Again, SEC sounds warning on CBEX operations in Nigeria
The Securities and Exchange Commission (SEC) says the Crypto Bridge Exchange (CBEX), operating under the corporate identity of ST Technologies International Ltd., remains banned in Nigeria.
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NGX suspends Notore Chemical Industries from trading
The Nigerian Exchange Ltd. (NGX) has announced the suspension of trading in the shares of Notore Chemical Industries Plc, effective Wednesday, June 11.
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Stock market declines by 0.53% after holiday
The stock market opened the week on a downturn Tuesday, with key performance indicators dropping by 0.53 per cent after the Eid-el-Kabir holiday break.
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SEC orders firms to release old dividends
The Securities and Exchange Commission (SEC) has ordered all public companies and Registrars to stop treating dividends older than 12 years as “statute-barred”.
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Punisher Coin resembles a Ponzi scheme – SEC warns
The Securities and Exchange Commission (SEC) has cautioned Nigerians against investing in a cryptocurrency called Punisher Coin, also known by the symbol $PUN.
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Equity, bond markets doubled indices in two years – NGX Chairman
Chairman, Nigerian Exchange Group, Dr Umaru Kwairanga, says the Nigerian Capital Market has experienced exponential growth since he assumed office in 2022.
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Naira on steady appreciation, gains N12.34 against Dollar
The Naira further appreciated on Thursday, trading at N1,553.11 against the Dollar in the official foreign exchange market.
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Stock market closes week bullish with N1.157trn gain
Nigerian stock market continued its bullish trend on Thursday, ending the week with N1.157 trillion gain.
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Stock market sustains bullish trend with N224bn gain
The Nigerian stock market continued on a bullish trend on Wednesday, gaining N224 billion and marking a three-day positive trend.