Ernest Ndukwe, former chairman of the Nigerian Communications Commission (NCC), has been appointed as the chairman of MTN Nigeria.
In a notice sent to the Nigerian Stock Exchange (NSE) on Wednesday, the company announced that Pascal Dozie will handover as chairman in September and Ndukwe’s...
The Nigerian equity market yesterday tumbled for the third consecutive trading day, as sell pressure was unabated, producing 13 losers against 25 gainers.
Key market indicators, the NSE ASI, declined by 0.07 per cent as bargain hunters continued to remain on the sideline following growing...
Telecommunication giant, Airtel Nigeria has officially filed an application with the Securities and Exchange Commission for the listing of its shares on the Nigerian Stock Exchange.
It was revealed by sources at the commission that the telecom company’s application was filed two weeks ago. The...
Oando’s share price fell 9.6% to N4.20 on Friday as news made rounds of an imminent SEC ruling.
The stock closed the month 13.4% down and is now the lowest share price (N4.15) since January 2019. The Security and Exchange Commission, SEC, issued a press release on Friday …
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Popular Africa Telecommunication company, Airtel Africa has disclosed that it is considering a stock market flotation in London to reduce existing debt.
The company says it is looking to raise $1 billion through an initial public offering on the London Stock Exchange, offering 25% of its...
Following heavy price losses suffered by most blue-chip stocks, easpecially MTN, and Dangote Cement, transactions on the Nigerian Stock Exchange….
The post MTN, Dangote Cement, others lead market N303b losses appeared first on The Guardian Nigeria News – Nigeria and World …
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Investors on the Nigerian Stock Exchange (NSE) and stakeholders waiting to purchase the shares of MTN Nigeria Communications Plc through an initial public offering (IPO) may do so at a very high premium whenever the telco decides to float the IPO....
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Barely 48 hours after listing on the market, MTN Nigeria is already making impact on the Nigerian Stock Exchange.....
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The rich list released today (Tuesday, March 5, 2019) highlighting four Nigerians as authentic dollar billionaires have recorded gainers …
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Stocks to watch comprises the top gainers and losers for the prior week, as well as companies that released results or key corporate actions after trading hours on Friday.
Stocks to watch is not a Buy/Sell/Hold recommendation....
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International Breweries Plc has appointed Richard Rivett-Carnac as a Non-Executive Director. Rivett-Carnac replaces Phillip Redman who recently resigned his appointment as a Non-Executive Director of the company.
Rivett-Carnac’s appointment was disclosed by International Breweries in a...
This week was a strongly positive one on the Nigerian Stock Exchange (NSE) as the All-Share Index gained 2.92%.
The All Share Index opened at 30,636.36 basis points and closed at 31,529.92 basis points up 893.56 basis points.....
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The Nigerian Stock Exchange closed in the red for the third day in a row. The All Share Index closed at 31,145.34 basis points, down 0.11%. Year to date, the index is down 0.91%
Top Gainers and Losers...
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Continental Reinsurance African Investments Limited is set to acquire all the outstanding and issued shares of its Nigerian entity, Continental Reinsurance Plc (CRe Nigeria).....
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Shareholders of Oando Plc have commended the management for their effort and commitment towards bringing the company back to....
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Following positive sentiment by investors in Oil stocks, trading activities on the floor of the Nigerian Stock Exchange (NSE), yesterday sustained its bull run as market capitalization rose by N117 billion to close at N14.188 trillion.
Owing to significant interests …
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