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Members approve Nigeria Stock Exchange Demutualisation process

Lagos, March 30, 2017 – The Nigerian Stock Exchange (NSE or The Exchange) is pleased to announce that its members have approved the demutualisation programme of the Exchange. This decision was reached at the Extra-Ordinary General Meeting (EGM) of its members which held on Thursday,...

Wall Street slips as rising North Korea tensions rattle investors

(Reuters) - U.S. stocks were lower on Wednesday as investors scurried to safe-haven assets after President Donald Trump's "fire and fury" warning to North Korea escalated tensions with the nuclear-armed nation. North Korea said it was considering plans to fire missiles at Guam, a U.S.-held...

Dow passes 20,000 points for the first time

The Dow Jones Industrial Average, the most famous equity index benchmark on Wall Street, shot above 20,000 for the first time Wednesday. The blue-chip stocks index quickly blew through the much-anticipated milestone in the opening seconds of trading and continued to gain as the morning...

Wall Street opens slightly higher, Dow hits record

U.S. stock indexes opened slightly higher on Monday, with the Dow hitting yet another record high. The Dow Jones Industrial Average .DJI rose 2.74 points, or 0.01 percent, to 22,095.55. The S&P 500 .SPX gained 0.51 points, or 0.02 percent, to 2,477.34. The Nasdaq Composite...

Global growth worries, U.S. government shutdown, Fed rate hikes threat hit stocks

Ritvik Carvalho LONDON (Reuters) - World stocks extended a steep sell-off on Friday as the threat of a U.S. government shutdown and further hikes in U.S. borrowing costs compounded investor anxieties over the trajectory of global economic growth. A man walks past in front of a...

World stocks slip as tech shares crumble after Dow breaks 22,000

LONDON (Reuters) - World stock markets fell on Thursday, led by a tumble in tech shares as investors locked in recent gains after Wall Street's Dow Jones Industrial Average broke the 22,000 barrier for the first time in its 121-year history. MSCI's broadest index of...

SEC Nigeria says it has robust rules, to attract key listings in the Nigerian capital market

The Securities and Exchange Commission of Nigeria says it has a robust rule making process, to attract key listings in the capital market. Director-General of the Commission Mr Mounir Gwarzo disclosed this at the last Capital Market Committee press briefing in Lagos. Gwarzo...

Trump pledges to bring back jobs spur Wall Street recovery

Wall Street pared losses in midday trading on Thursday, after President Donald Trump told chief executives of major U.S. companies that he plans to bring back millions of jobs to the United States. Trump is expected to introduce a series of proposals that could benefit...

Global stocks, dollar, yields up after U.S. jobs report

By Sinead Carew | NEW YORK Wall Street stocks rose on Friday along with the U.S. dollar and Treasury yields after data showed stronger-than-expected U.S. jobs growth but wage increases missed forecasts. Meanwhile oil prices erased previous-day gains after a report showed U.S. production rose last...

U.S. stocks slump as Trump’s travel ban triggers uncertainty

Fear gauge VIX rises the most since August * Five of 11 S&P sectors down more than 1 pct * Airline stocks fall after Trump travel ban * Indexes down: Dow 1.04 pct, S&P 1.1 pct, Nasdaq 1.39 pct (Adds details, comments, updates prices) By Yashaswini Swamynathan Jan 30...
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