The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, has said the plan by the Central Bank of Nigeria (CBN) to raise the capital base of commercial banks above the current N25 billion minimum level will be beneficial to the …
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Oando Plc has denied releasing an ‘official statement‘ in response to the allegations brought up against it by the Securities and Exchange Commission (SEC).
This disclosure comes a day (Sunday) before the company was supposed to welcome an interim management team. In a statement issued to the...
Hope that President Muhammadu Buhari’s inauguration on Wednesday would trigger positive sentiments at the Nigerian Stock Exchange (NSE) was dashed as the All Share Index closed Friday’s trading session in the red, down by 0.59 per cent.
At the close of transactions last week, analysts had...
Airtel Africa Ltd, a subsidiary of Indian telecoms group, Bharti Airtel Ltd, is considering a stock market flotation in London, designed to expand its data and mobile money services across Africa.
The telecoms company has also indicated interest to list …
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Trading on the floor of the Nigerian Stock Exchange (NSE), reopened in an upbeat yesterday, following price gains in many bellwether stocks, as the All -share index rose by 1.74 per cent.
Specifically, at the close …
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As MTN prepares to list on the Nigerian Stock Exchange later this week, the stock is expected to catapult straight into the trillion naira club list.
An exclusive club made up of stocks that are the most valued in the country. What’s the Trillion Naira Club or Cap …
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ABUJA, May 6 (Reuters) – The Nigerian stock exchange has received South African telecoms firm MTN’s listing application, the regulator said on Monday.
Two people with knowledge of the matter disclosed the application last week, but the regulator did not confirm the registration until...
It was January 2017 and one of Nigeria’s leading aviation company listed on the Nigerian Stock Exchange.
Medview Airlines listing on the exchange was the first since Transcorp two years earlier, so as expected it created some buzz. The stock debuted at about N1.50 upon listing and peaked …...
Access Bank Plc on Monday listed the N15 billion a fully certified Green Bond on the FMDQ OTC Securities Exchange and the Nigerian Stock Exchange (NSE).
The dual listing followed the formal approval of the bond by the Securities and Exchange Commission....
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2019 polls to determine market direction — Operators By Nkiruka Nnorom THE bearish market in the Nigerian Stock Exchange, NSE, in 2018 may have resulted in unprecedented rise in activities at the nation’s fixed income market during the year. Financial Vanguard’s investigations show that as at...
The Nigerian Aviation Handling Company Plc (nahcoaviance) has announced the appointment of Mr. Sehinde Fadeni Oladapo as its Chairman, Board of Directors.
Oladapo takes over from Usman Arabi Bello, who resigned from the position on Thursday, October 25, 2018. In a notice sent to the Nigerian...
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Sterling Bank Plc has posted a profit after tax growth of 39 per cent in its unaudited results for the third quarter ended September 30, 2018.
This was stated in the bank’s results released on the Nigerian Stock Exchange (NSE), yesterday. The profit after tax grew from N5.9 …
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Turbulence in the political arena has sparked massive dumping and induced sell pressure on the equity sector of the Nigerian Stock Exchange as stock market investors lost N257 billion or 2.2 per cent …
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The stellar performance by hotel firms quoted on the floor the Nigerian Stock Exchange …
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Diamond Bank ‘s second quarter (Q2) unaudited financial report for the period ended June 30, 2018, made available to the Nigerian Stock Exchange (NSE), showed that the digital strategy adopted to grow the retail business attracted additional three million new customers.
The bank said the...
The Nigerian Stock Exchange (NSE) All-Share Index closed for the week on Thursday ahead of Eid-el-Fitr celebration with a loss of 0.26 per cent.
The News Agency of Nigeria (NAN) reports that the index shed 103.25 points or 0.26 per cent to close at 38,928.47 …
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In the trading week to May 4, 2018, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) depreciated by 0.06percent to close last week at 41,218.72 points, from preceding trading weekend level of 41,244.89 points.
The stock market’s year-to-date return stood at 7.78percent.
The value of...
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The Johannesburg Stock Exchange, JSE, has lifted suspension on trading in the shares of Nigerian oil major, Oando Plc.
The bourse in a notice seen by newsmen said it would act based on information from the primary listing of the company, the Nigerian Stock Exchange (NSE).
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The Nigerian Stock Exchange closed last week ‘s trading session negative as the All Share Index (ASI) declined 1.1% to settle at 42,638.83 points. Year to date, the index is up 11.5%. Here is a run down of stocks that topped the gainers list, and our thoughts on how they
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As part of an agreement it reached with the Federal Government, MTN Nigeria has said it is planning to list on the Nigerian Stock Exchange (NSE). According to a company source, “there’s a lot of preparation going on due to the listing, which is expected to happen
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