Money Market

SEC Adopts Faster Settlement Cycle for Market Efficiency

The Securities and Exchange Commission has announced plans to transition Nigeria’s capital market from a T+3 to a T+2 settlement cycle to...

215

SEC to Leverage Technology to Boost Investor Confidence

The Director-General of the Securities and Exchange Commission, Emomotimi Agama, has reaffirmed the Commission’s commitment to leveraging technology to strengthen investor confidence...

205

Stock Rally Pauses on Tech Valuations, Dollar Dips

A blistering run in global equities halted amid rising concern that technology valuations have run too far. Asian shares fell 0.8%, tracking...

518

Non-Interest Capital Market Hits ₦1.6tr –SEC

The Securities and Exchange Commission has said Nigeria’s non-interest capital market has grown to over N1.6tn, reflecting investor confidence and participation in...

401

NGX Offers Stockholders ₦150m Exemption on Capital Gains Tax

Investors in Nigeria’s capital market will benefit from a N150m annual exemption under the new Capital Gains Tax regime, following a high-level...

276

US and European Stock Futures Gain, Dollar Weakens

US and European equity-index futures rose alongside Asian shares, signaling Wall Street’s advance after an in-line inflation reading may extend. Contracts for...

543

Stock Market Closes Positive as ASI Up 0.70%

In today’s session, the market closed positive, with the NGX ASI and market capitalisation gaining 0.70% and 0.69%, respectively. Meanwhile, market activity...