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Nigerian Stock Exchange admits Union Bank 51.3m new shares

The Nigerian Stock Exchange (NSE) has admitted an additional volume of 51.3 million ordinary shares of 50 kobo each of Union Bank of Nigeria Plc on the daily official list of the Exchange.

SEC, DMO, others move to deepen capital market

Securities and Exchange Commission (SEC), Debt Management Office (DMO) and other stakeholders have said that for the nation’s capital market to grow, there must be mechanism for efficiency, accountability and transparency across major economy players including the Central Bank of Nigeria (CBN).

Capital market operators seek single license from CBN, SEC

The capital market operators on Sunday called on the Central Bank of Nigeria, CBN, and the Securities and Exchange Commission, SEC, to grant them single dealing license to access discount window.

Nigerian capital market issuances hit N1.55trn in September – SEC

The Securities and Exchange Commission (SEC) on Sunday said that the total value of issuances in the Nigerian capital market amounted to N1.55 trillion in September.

Nestle hits N160 billion market capitalization

Nestle Nigeria on Thursday sustained its growth on the Nigerian Stock Exchange (NSE) as the most priced equity to hit N1,410.08, thereby lifting the market capitalisation by N160 billion.

NSE All-Share Index crosses 39,000 mark

Nigerian Stock Exchange (NSE) All-Share Index on Wednesday crossed 39,000 mark just after the 38,000 mark on Tuesday.

Federal workers back govt on suspension of SEC chief Mounir Gwarzo

Federal workers under the auspices of the Association of Senior Civil Servants of Nigeria on Wednesday thrown its weight behind the Federal government over the suspension of Mr Mounir Gwarzo as Director-General Securities and Exchange Commission.

Nigerian Stock Exchange website ranked best in Africa

The Nigerian Stock Exchange (NSE) website has been ranked as the highest stock exchange website in Africa.

Shareholders task acting SEC chief on market integrity

Shareholders on the Nigerian capital market on Wednesday urged the newly appointed Director-General of the Securities and Exchange Commission (SEC), Abdul Zubair, to step up measures aimed at safeguarding market integrity.

Tokyo stocks open lower after Wall Street retreat

Tokyo stocks opened lower on Wednesday following a retreat on Wall Street and weak US economic data.

NSE opens December trading with marginal growth of 0.08 percent

The market indices of the Nigerian Stock Exchange opened for the first trading day in December after a public holiday with marginal growth of 0.08 per cent.

Foresight, key to developing African financial market – Oscar Onyema

The President, African Securities Exchanges Association, Mr. Oscar Onyema, says the African financial market lacked foresight and will need to be proactive to develop the continent’s market and create the required opportunities.

Mounir Gwarzo’s suspension won’t affect our regulatory effectiveness – SEC

The Securities and Exchange Commission on Sunday said it would not allow the suspension of its Director-General, Mounir Gwarzo, to affect its regulatory effectiveness.

Abdul Zubair appointed as acting SEC chief

The Federal Government of Nigeria has appointed Dr Abdul Zubair, the acting Director General of the Securities and Exchange Commission (SEC) with immediate effect. He was before the appointment, the Director in charge of External Relations in the Commission.

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Suspected gunmen allegedly kill army colonel in Benue

Suspected gunmen on Sunday allegedly killed a senior military officer who was said to be in transit along Katsina Ala/Takum highway in Benue State.

Suspended Spanish FA chief Angel Maria Villar blames govt for World Cup threat

Suspended president of the Spanish football federation Angel Maria Villar blamed Spain’s government for a FIFA threat that could lead to the country being thrown out of next year’s World Cup in Russia.

Long queues resurface in Lagos, petrol hawkers back

Lagos residents on Monday saw the return of long queues at petrol filling stations, the News Agency of Nigeria (NAN) reports.

Governor Okowa signs Delta’s N308 billion 2018 budget into law

Governor Ifeanyi Okowa on Monday signed the Delta State 2018 Appropriation Bill of N308 billion into law, with an assurance that his administration will ensure full implementation of the budget.

PENGASSAN suspends nationwide strike

Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria have called off a planned nationwide strike.

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Nigeria treasury bills extend rally as sell-off, new issues weigh

Yields on Nigeria’s mid-dated treasury bills rose nearly 1 percentage point to 12 percent on Friday, extending a three-day rally as a sell-off which started this week continued, traders said.

Israeli jets hit Hamas posts in Gaza

Israeli war jets used air-to-surface missiles to strike two Hamas military posts in the northern Gaza Strip early Monday in retaliation for an earlier rocket strike from Gaza, the Israel Defense Force (IDF) said.

“One Lagos Fiesta” to splash cash on talented youngsters

Lagos State Government pledged to give out cash prizes to talented youths in the areas of music, dance and comedy at the forthcoming “One Lagos Fiesta” scheduled to hold from Dec. 24 to Jan. 1, 2018.

Overuse of antibiotics in farming major new threat to human health – UN

The overuse of antibiotics in farming has been highlighted as one of the biggest emerging threats to human health, spreading resistance to vital drugs and endangering millions of lives.

South Africa’s ANC gathers to choose leader to replace Jacob Zuma

South Africa's governing African National Congress (ANC) is preparing to choose a new party leader to succeed President Jacob Zuma.