NASD Plc is repositioning its business beyond traditional securities trading as it seeks to convert a sharp expansion in market activity into stronger earnings and sustainable long-term value for shareholders. The post NASD eyes new revenue streams as trading surges 371 percent appeared first on Tribune Online.

…Market (NFEM), where greater liquidity has helped ease pressure on the domestic currency.Market activity during the week reflected the trend. The Naira traded at N1,343.59 per dollar on Wednesday before gaining N5.01 on Thursday to close at N1,338.58, according to a report by MarketForces Africa.Rising forex supply sup…

…was concentrated in relatively higher-value transactions despite the broader decline in market activity. Analysts expect the equities market to gradually regain bullish momentum as investor sentiment improves. However, persistent profit-taking could limit the pace of recovery and sustain volatility in the near term. Th…

…assets. Overall, the combination of robust NTB coverage, selective secondary-market activity and strong OMO demand points to a fixed-income environment still dominated by institutional preference for high-yielding government paper. With the upcoming bond auction set to test longer-dated demand, attention will focus on…

…immediate trade obligations and broader economic indicators. The overall contraction in market activity was primarily driven by a significant reduction in FX Spot transactions, which serve as the primary window for immediate foreign currency settlement. Spot trading turnover contracted 46.98 per cent, dropping from $3,…

…chart with a 9.92 per cent increase, settling at N5.32. During Friday’s trading, market activity weakened, with total volume traded declining by 66.64 per cent to 1.41 billion shares, valued at N45.31 billion, across 39,134 deals. Fortis Global Insurance recorded the highest volume, with 874.08 million shares traded, a…

…compared with previous months as ongoing foreign exchange reforms continue to influence market activity. The Central Bank of Nigeria (CBN) has sustained measures aimed at boosting liquidity in the official market and promoting a more transparent exchange rate system. Analysts say investors and businesses are closely mo…

…gains in DEAPCAP, RTBRISCOE, JAIZBANK and other advancing stocks. Market turnover: Market activity also slowed significantly compared with the previous session. Total volume traded declined by 36.33% to 440.36 million shares Transaction value plunged by 78.88% to N24.68 billion, after Thursday's heavy turnover. ACCESSC…