nigeria stock exchange

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Interswitch is reviving its plans for an initial public offering, IPO, via a dual listing on the Nigerian Stock Exchange and London Stock Exchange according to reports from Bloomberg. The market listing of its shares is expected … Read more via Nairametrics – https://ift.tt/2Z4OTJr Get...

This week’s trading was a negative one the Nigerian Stock Exchange, as the All Share Index closed in the red, down 2.51%. The All Share Index shed 790.27 basis points, closing at 30,636.36 basis points. Year to date, the index is down 2.53%. 16 equities appreciated in price during the week, …...

Trading activities on the floor of the Nigerian Stock Exchange (NSE) yesterday witnessed another drop in share prices, as the bears sustained their grip on the local bourse following the sell- off that had pervaded the stock market. Equities market losses widened the second trading … Read...

Goldlink Insurance Plc on Monday announced the sack of its Managing Director, Mrs Funke Moore by the National Insurance Commission (NAICOM) effective from January 18. Mr Tobi Olaleye, Goldlink Insurance Company Secretary/Legal Adviser, stated this in a letter to the Nigerian Stock Exchange...

The managing director and chief executive officer of Heritage Bank Limited, Ifie Sekibo, has said the bank is in talks with investors, both foreign and local, who are ready to put in funds into the bank hinting of a listing of the bank on the Nigeria Stock Exchange … Read more via Leadership...

Contrary to high expectations that the Nigerian equities market will sustain the 2017 positive performance in 2018, the market closed the immediate past year with a decline of N1.898 trillion, while the Nigerian Stock Exchange (NSE) All-Share Index … Read more via Thisdaylive –...

Not in any of Africa’s largest economies will you find cheaper company stocks yet investors want nothing to do with Nigeria at the moment and it could get worse as oil prices endure their longest losing streak since 2016. Investors currently pay as low as … Read more via BusinessDay Online...

President Muhammadu Buhari has given consent for the renewal of three Oil Mining Licences (OMLs) belonging to oil and gas firm, Seplat Petroleum Development Company Plc. A disclosure sent to the Nigerian Stock Exchange (NSE) thursday, said the president gave consent for the … Read more via...

Diamond Bank Plc yesterday denied reports that the bank was in discussions with Access Bank Plc over a possible acquisition. The bank in a release to the investing public on the Nigerian Stock Exchange (NSE) signed by the bank’s company secretary/legal adviser, Uzoma Uja described as rumour...

The Naira, yesterday, appreciated to N363.96 per dollar in the Investors and Exporters (I&E) window even as the volume of dollars traded rose by 60 percent. Naira Data from FMDQ showed that the indicative exchange rate for the … Read more via Vanguard News – https://ift.tt/2PFRMMj Get...

Foreign portfolio investors have pulled out billions of naira out of the Nigerian stock market in recent months amid bearish sentiments , primarily due to the approaching elections. According to the latest data from the Nigerian Stock Exchange, a total of N435.41bn was withdrawn from the market...

United Bank for Africa (UBA) Plc has been the toast of the stock market in the past four weeks as investors sought to take positions ahead of the impending release of the audited half-year results and interim dividend of the commercial banking group. UBA was the most active stock last … Read...

The Chief Executive Officer of the Nigerian Stock Exchange, Mr Oscar Onyema, has been inducted as a fellow of the Chartered Institute of Stockbrokers of Nigeria. The NSE said in a statement on Monday that the conferment of the CIS fellowship took place at the investiture … Read more via...

The performance of the Nigerian equities market was largely negative last week as the All Share Index (ASI) declined on all trading sessions. As a result, the benchmark index closed the week in negative for the second consecutive week as investors existed positions in some high capitalised...

Notore Petrochemical Industries Plc today held its first investor conference call, after listing on the Nigerian Stock Exchange (NSE) last week. The company had earlier released its results for the nine months ending June 2018. Present during the call were the Group Chief Executive Officer...

Stocks to watch comprises stocks that were the top gainers and losers in the previous week, those that released their results after trading hours, stocks having corporate actions, and those in the news for one reason or the other. .. Read more via Nairametrics – https://ift.tt/2OgQPZH Get...

The bears continued to dominate transactions on the equity sector of the Nigerian Stock Exchange (NSE), as most blue chip stocks depreciated in price, causing the All-share index to plunge further by 0.6 per cent. Yesterday, the All- share index shed 215.52 points, representing a decline of...

Investors in the nation’s stock market have lost N1.146 trillion of their investment in the month of May on the Nigerian Stock Exchange (NSE). Investors’ investments loss for the month is the highest seen so far in the year. Read more via Leadership Newspaper – https://ift.tt/2J2yQYL Get...

The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday dropped to N13 trillion mark following loss recorded by Nestle and other highly capitalised stocks. The News Agency of Nigeria (NAN) reports that the market capitalisation shed N153 billion or 1.08 per cent to …...