nigeria stock exchange (nse) news
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Business Why Sovereign Trust Insurance’s Proposed Rights Issue Does not Make Economic Sense – Nairametrics
Recently, the management of Sovereign Trust Insurance Plc notified The Nigeria Stock Exchange and the investing public that its “Rights Issue of Four Billion, One Hundred and Seventy Million, Four Hundred and.... Read more via Nairametrics – https://ift.tt/2LsOEE8 Get more: Nigeria Business...- Nigeria Business News
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Business Survey: Dangote Remains Most Admired African Brand – Thisdaylive Newspaper
Nigeria’s Dangote Group, for the second year running, has emerged the most admired African brand. A survey of 100 Africa best brands, announced in Johannesburg at the weekend..... Read more via Thisdaylive Newspaper – http://bit.ly/2X7RpgZ Get more: Nigeria Business News- Nigeria Business News
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Business Alert: MTN’s 20.3bn Shares to start trading this week – Nairametrics
Nigeria’s telecom giant, MTN Nigeria, is set to be officially introduced on the Nigerian Stock Exchange come Thursday, May 16th, as all relevant processes have been completed. Sources within the NSE and MTN reportedly disclosed that the telecom operator’s 20.3bn shares will, indeed, start...- Nigeria Business News
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Business Cadbury Nigeria gets female MD — first time ever – TheCable
Cadbury Nigeria Plc has appointed Oyeyimika Adeboye as its first female managing director since the company was established in 1965. According to a notice posted on the... Read more via TheCable – https://ift.tt/2TOjBIh Get more: Nigeria Business News- Nigeria Business News
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Business Equities Market Records Losses W-o-W, As ASI Down 0.61% – Leadership Newspaper
The Nigerian equities market closed with a loss of 0.61 per cent last week following three trading sessions of profit taking. At the start of the week, investors reacted negatively to the postponed presidential election before recalculating the political risk and subsequently re-positioning in...- Nigeria Business News
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Business NSE moves 723.79m shares worth N12.21bn – P.M. News
The Nigerian Stock Exchange (NSE) on Friday moved a total of 723.79 million shares valued at N12.21 billion in 5,752 deals. The News Agency of Nigeria (NAN) reports the turnover represented a growth of 65.72 per cent when compared with 436.75 million worth N5.88 … Read more via P.M. News –...- Nigeria Business News
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Business Concerns over wave of delisting firms from NSE – Newtelegraph
With the increasing upsurge of delisting on the Nigerian Stock Exchange (NSE), there is need to create more enabling environment that would encourage listed firms and also attract companies to be listed on the local bourse, Chris Ugwu writes... Read more via Newtelegraph –...- Nigeria Business News
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Business Stocks Market Extends Gains By 0.09% – Leadership Newspaper
Performance in yesterday’s trading session was bullish with a growth of 0.09 per cent due to sustained bargain hunting on high capitalised stocks. In summary, the All Share Index (ASI) was up by 28.52 absolute points, representing an increase of 0.09 per cent, to close at 30,773.57 points. …...- Nigeria Business News
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Business Nigerian Stock Exchange appoints two Divisional Heads – Nairametrics
The Nigerian Stock Exchange today, announced the appointment of Mr. Jude Chiemeka and Mr. Olumide Bolumole to its Executive Management Team. Mr. Olumide Bolumole joins NSE as Divisional Head, Listing Business while Mr. Jude Chiemeka joins as Divisional Head, Trading Business.... Read more...- Nigeria Business News
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Business MTN, NSE Hold Talks On $500m IPO – Leadership Newspaper
The president and chief executive officer of MTN Group, M. Rob Shuter, has disclosed that MTN Nigeria, its largest subsidiary would list on the Nigeria Stock Exchange (NSE) before the end of this year. Speaking at an interview with CNBC Africa on the sidelines.... Read more via Leadership...- Nigeria Business News
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Business NSE lifts suspension on C&I Leasing shares – Nairametrics
The full suspension placed on trading on shares of C&I Leasing have been lifted after the company informed the Nigerian Stock Exchange (NSE) that the shares consolidation exercise has been completed. NSE had placed two weeks full suspension on C&I Leasing shares to enable the company to embark...- Nigeria Business News
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Business Investors lose N261bn as stock market closes below 30,000bpts – Newtelegraph
Trading activities on the floor of the Nigerian Stock Exchange (NSE) yesterday further closed downswing as the overall market performance indices dropped by 0.2.33 per cent. Transactions on the stock market had the previous day also closed on the negative trajectory. However, at the close of …...- Nigeria Business News
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Business Zenith Bank trades heavy volumes as NSE sinks further – Nairametrics
The Nigerian Stock Exchange fell sharply in today’s trading session. The All Share Index closed at 30,036.15 basis points, down 1.2%. Year to date, the index is down 4.44%..... Read more via Nairametrics – http://bit.ly/2LW8C8z Get more: Nigeria Business News- Nigeria Business News
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Business Stocks Market Capitalisation Loses N28bn On Renewed Profit Taking – Leadership Newspaper
The Nigerian stocks market closed negative, yesterday as the market capitalisation lost N28 billion, amid renewed profit taking. The All Share Index (ASI) was down by 76.37 absolute points, representing a decrease of 0.25 per cent to close at 30,642.35 points. Similarly, the market...- Nigeria Business News
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Business These two banking stocks should be on your watchlist – Nairametrics
Stocks to watch comprises gainers and losers from the prior week, as well as companies having corporate actions. Stocks to watch is not a Buy/Sell/Hold list.... Read more via Nairametrics – https://ift.tt/2PfR1si Get more: Nigeria Business News- Nigeria Business News
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Business Is a Key investor exiting Ikeja Hotels Plc? – Nairametrics
Ikeja Hotels Plc was one of the most actively traded stocks on the Nigerian Stock Exchange last week. 279,110,328 shares valued at N572 million were traded in 6 deals at an average price of N2.05. The deal is a significant one, as it represents over 10% of the company’s … Read more via...- Nigeria Business News
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Business Daily update on Treasury Bills, Bonds, Forex, oil price and more – Nairametrics
Daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills, bonds, Forex inflation, oil price. Bond Yields Close Bearish for the Month amid OMO rate Hikes and Slight Offshore Sell Manufacturing Sector... Read more via...- Nigeria Business News
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Business Buy/Sell/Hold: Three reasons Access Bank is a HOLD – Nairametrics
Stocks on our Buy/Sell/Hold list are drawn from the top gainers and losers of the prior week, as well as various analysts’ reports. Dangote Cement Plc: HOLD Latest Results: Results for the third quarter ended September 30, 2018 show that revenue increased from N603 billion in 2017 to N685 …...- Nigeria Business News
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Business Equities Up By 0.44% Amid Positive Corporate Results – Leadership Newspaper
The Nigerian equities market rose by 0.44 per cent yesterday, reversing previous day’s loss as more positive corporate results released on the Nigerian Stock Exchange (NSE) The All-Share – Index (ASI) gained 141.46 absolute points, representing a growth of 0.44 per cent to close at 32,545.06...- Nigeria Business News
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Business Snap shot of firms’ third quarter performance as earnings season starts – BusinessDay
The third quarter earnings season has begun and firms have started posting financial statement on the website of the Nigerian Stock Exchange (NSE). Investors will like to know the major drivers of growth and factors responsible for stinging disappointing results; hence we have … Read more...- Nigeria Business News
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