Coronavirus: Stock Market Loses N280bn In One Week

Coronavirus: Stock Market Loses N280bn In One Week

The Nigerian Stock Exchange Equity trading ended on a negative note last week amid the spread of the global pandemic, COVID-19, in the country. The NSE All-Share Index and market capitalization both depreciated by 2.35% to close last week at 22,198.43 basis points and N11.568tn respectively. According to the weekly analytic report, All other indices … Read more

Meristem Wealth Management Launches N1bn Offer Of Two Exchange Traded Funds

Meristem Wealth Management Launches N1bn Offer Of Two Exchange Traded Funds

Meristem Wealth Management Limited launches a N1 billion subscription offer of Meristem Growth Exchange Traded Funds (ETF) and Meristem Value Exchange Traded Funds, ETF. The two ETFs are syle indices that record the NSE-Meristem Growth Index and NSE-Meristem Value Index respectively and attract a wide range of stock for investors. Similarly, the ETFs are professionally … Read more

2019: Nigeria’s Stock Market Ends In Red, 2020 Offers Hope

2019: Nigeria’s Stock Market Ends In Red, 2020 Offers Hope

By- Chinyere Joel-Nwokeoma (NAN) With no fewer than six days of trading before the year ends, it is almost certain that transactions on the Nigerian Stock Exchange (NSE) will close in the red zone. The outgoing year is, indeed, turning out to be yet another locust year for both local and foreign investors, due to … Read more