nigerian stock exchange (nse)

  1. Nigeria Business News

    Business Everything To Know About Trading Stocks In Nigeria – Nigerian Entertainment Today

    Organized financial markets have existed for over a century. To date, the market for financial instruments with varying maturities is represented by trading stocks, debt instruments, commodity contracts and currency. The process of reforming capital markets, including money markets, continues...
  2. Nigeria Business News

    Business Nigeria’s recession buffer weak as Coronavirus drives oil near $47/bbl – The Guardian Nigeria News

    With the impact of the coronavirus taking a toll on oil demand and the economy in general, the fear of another recession appears to be imminent as oil price dropped to $53.71 per barrel, amidst falling external reserves and excess crude account (ECA)... Read more via The Guardian Nigeria News...
  3. Nigeria Business News

    Business Access Bank moves headquarters to Oniru, Lagos – Nairametrics

    The management of Access Bank Plc has notified the Nigerian Stock Exchange of the relocation of its head office from Danmole Street in the Victoria Island axis of Lagos State to Oniru within the commercial hub of the nation. This was disclosed in a notice sent to the … Read more via...
  4. Nigeria Business News

    Business New VAT rate triggers rise in stock market transaction cost – Vanguard News

    STOCK STOCK market investors and operators will from today pay more as transaction cost for shares traded on the Nigerian Stock Exchange, NSE following the commencement of the implementation of the new Value Added Tax, VAT of 7.5 … Read more via Vanguard News – Get...
  5. Nigeria Business News

    Business MTN stock jumps after Nigeria drops $2bn tax claim – Moneyweb

    Nigeria dropped a $2 billion claim for back taxes against MTN Group, ending a 16-month long battle between Africa’s largest wireless carrier and legal authorities in its biggest market. The company, which disputed the claim from the start, had struggled to convince investors it could get the...
  6. Nigeria Business News

    Business BUA Cement Lists 33.86 Billion Shares On NSE, Now Third Largest Listed Company – Nairaland

    West Africa’s second-largest Cement company, BUA Cement, today listed on the Nigerian Stock Exchange with a market capitalization of 1.2trillion Naira (USD3.3billion) bringing to a conclusion, the merger between the BUA-owned cement entities, Cement Company of Northern Nigeria and Obu Cement...
  7. Nigeria Business News

    Business Stock Market Loses N12 Billion – Nairaland

    Losses in ACCESS (-2.7%), FBNH (-2.2%) and GUARANTY (-9.1%) have seen market capitalisation fell N12.0bn to N12.9trn at the close of trading on the floor of the Nigerian Stock Exchange (NSE) yesterday. Consequently, the development dragged the All-Share Index (ASI) down 9bps to 26,913.70...
  8. Nigeria Business News

    Business Massive shakeup in Dangote Flour as key Board members resign, appoints new ones – Nairametrics

    Key members on the board of Dangote Flour Mills Plc have announced their resignation from the positions they held at the flour milling company. The Details: In a notice sent to the Nigerian Stock Exchange (NSE) and the general investing public, Asue Ighodalo, Thabo … Read more via...
  9. Nigeria Business News

    Business Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion – Nairaland

    High speculation in the shares of Dangote Cement Plc recently raised the volume and value of transactions at the stock market notwithstanding the continued dominance of the bears. The volume and value of trading rose by 49.5 per cent and 290 per cent respectively, to 363.2 million shares worth...
  10. Nigeria Business News

    Business NSE’s market capitalisation drops to N12trn – P.M. News

    The market capitalisation of the Nigerian Stock Exchange (NSE) dropped to N12 trillion, amid huge sell-off of stocks of blue-chip companies.... Read more via P.M. News – Get more: Nigeria Business News
  11. Nigeria Business News

    Business NSE: Shareholders gain N59bn in September – Newtelegraph

    Trading activities on the floor of Nigerian Stock Exchange (NSE) ended the month of September positive with record N59 billion gain to close at N13.450 trillion in market capitalisation. The growth in market capitalisation during the month was due to positive sentiment by investors following...
  12. Nigeria Business News

    Business Chams reinstates commitment to post-listing requirements – Newtelegraph

    Chams Plc has said that it is poised to uphold the sanctity of post-listing requirements of the Nigerian Stock Exchange (NSE). The newly appointed Group Managing Director of Chams Plc, Mr. Gavin Young, who spoke during Chams’ courtesy visit to NSE at the weekend, assured the exchange …...
  13. Nigeria Business News

    Business Domestic transactions at bourse decrease by 67 per cent – The Guardian Nigeria News

    Over a 12 year period, domestic transactions in the nation’s bourse decreased by 66.68 per cent from N3.556 trillion in 2007, to N1.185 trillion in … Read more via The Guardian Nigeria News – Nigeria and World News – Get more: Nigeria Business News
  14. Nigeria Business News

    Business Unity Bank, Airtel Africa, others lead stock market’s N100b loss – The Guardian Nigeria News

    Trading on the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, following losses suffered by most bluechip stocks, especially Unity Bank and Airtel Africa, as market capitalisation slumped by N100 billion. The All-Share Index (ASI) fell … Read more via The Guardian Nigeria...
  15. Nigeria Business News

    Business Xenophobic attacks: MTN investors lose N40bn – Newtelegraph

    Investors of MTN Nigeria Plc. have lost about N40 billion in two days over xenophobic attacks in South Africa. Investigation by New Telegraph showed that MTN shares, which opened at N140 per share and N2.849 trillion in market capitalisation at the beginning of trading on Wednesday lost …...
  16. Nigeria Business News

    Business MTN Nigeria share price narrowly fluctuates amidst xenophobia reprisals in Nigeria – Techpoint.Africa

    MTN Nigeria’s share price is experiencing fluctuations on the Nigerian Stock Exchange (NSE) amidst xenophobia reprisals, which has incited social media calls for a boycott and reported violent reprisal attacks on South African companies in Nigeria. The ongoing xenophobic attack in South Africa...
  17. Nigeria Business News

    Business Share prices hit 10-year low amid uncertainties, weak economy, others – The Guardian Nigeria News

    Prevailing economic downturn has continued to trigger persistent fall in share prices of listed firms, as share prices of most bluechip companies quoted on the Nigerian Stock Exchange (NSE), hit 10-year low under the current financial year. … Read more via The Guardian Nigeria News – Nigeria...
  18. Nigeria Business News

    Business AIICO gets new MD – Newtelegraph

    AIICO Insurance Plc has appointed Babatunde Fajemirokun as its managing director. A statement from the firm said the Nigeria Stock Exchange (NSE) had already been notified of the appointment. The Company Secretary, Donald Kanu, said the appointment had been approved by the National Insurance...
  19. Nigeria Business News

    Business Naira remains stable at parallel market – Newtelegraph

    Although it is currently under pressure at the Investors and Exporters’ (I&E) foreign exchange window, the naira continues to remain stable at the parallel market, findings by New Telegraph show. Yesterday, the local currency exchanged at N360 to the dollar, the same rate it had largely traded...
  20. Nigeria Business News

    Business Absence of clear economic direction, others drag NSE index further 1.17% – The Guardian Nigeria News

    At the close of transactions last week, the All-Share Index (ASI) and market capitalisation of the Nigerian Stock Exchange (NSE) depreciated by 1.17 per cent to close the week at 27,306.81 points and N13.307 trillion respectively. … Read more via The Guardian Nigeria News – Nigeria and World...