The Securities and Exchange Commission (SEC) yesterday extended the deadline for shareholders with multiple accounts till December 31, 2019 from the December 31, 2018.
The Nigerian capital market would soon introduce the electronic initial public offer (e-IPO) system in the country, the Securities and Exchange Commission (SEC) announced on Wednesday.
The Securities and Exchange Commission has extended the forbearance deadline for shareholders with multiple accounts to December 31, 2019 from December 31, 2018 for more investors to embrace the initiative aimed at reducing unclaimed dividends.
Activities on the Nigerian Stock Exchange reversed to the negative territory on Wednesday due to profit taking with the market capitalisation shedding N18 billion.
Tokyo stocks dived more than three percent shortly after the open on Tuesday, with investors discouraged by a plunge in US shares on fears over demand in the tech sector.
Amidst heightened political tension in the Nigerian economy, the total transactions done by foreign investors on the floor of the Nigerian Stock Exchange (NSE) rose by 26.53 per cent or N207.85 billion in the third quarter (Q3) of 2018 to N991.2 billion compared with N783.34 billion recorded in the period of 2017.
The Nigerian Stock Exchange (NSE) on Friday moved a total of 121.26 million shares valued at N1.58 billion transacted in 2,678 deals in a bearish trading.
Activities on the Nigerian Stock Exchange closed northward on Thursday with the market indicators appreciating further by 0.37 per cent.
A financial expert, Prof. Uche Uwaleke, on Wednesday expressed optimism that the Nigerian stock market would rebound by the second quarter of 2019.
The Bureau of Public Enterprises (BPE) has facilitated the first Initial Public Offer (IPO) in four years with the public offering of Skyway Aviation Handling Company (SAHCO) Plc for the sale of 406,074,000 ordinary shares. The public offer opens on Monday, November 12, 2018 and closes on Wednesday, December 19, 2018.
Gains posted by some consumer goods equities on Tuesday lifted trading on the nation’s bourse with the market capitalisation improving by N38 billion.
Despite the release of corporate earnings by many companies, the Nigerian equities market closed last week downtick following profit taking in bellwether stocks.
The crucial market indices of the Nigerian Stock Exchange increased by 0.37 per cent on Friday following gains by some highly capitalised equities.
The Nigerian Stock Exchange (NSE) has suspended trading on the shares of Unity Bank Plc and five other publicly quoted companies.
The Nigerian equities market opened the week on a bullish note as investors continued to react positively to nine month corporate earnings being released by companies.
Real Madrid full-back Marcelo insisted he had never considered leaving the Spanish giants amid persistent links to Juventus.
Vice-President Yemi Osinbajo says he is not a spare tyre to the president, emphasising that his roles as the number two citizen are spelt out in the constitution.
Ebonyi State Governor, David Umahi, has sacked the Board Chairman of the Ebonyi Broadcasting Corporation, Mrs Patience Ogodo.
The Federal Inland Revenue Service (FIRS), yesterday, sealed of the headquarters of the Niger Delta Power Holding (NDPHC) over tax liabilities totaling N9, 831,368, 259.90.
The immediate past governor of Ondo State, Dr. Olusegun Mimiko, who is also the Zenith Labour Party, ZLP, senatorial candidate for Ondo Central Senatorial district for the 2019 polls has reaffirmed his commitment to quality and adequate representation of the district if elected.
The Social Democratic Party (SDP) has pulled out of the Coalition of United Political Parties (CUPP) it had earlier signed on with 39 other political parties with the aim of presenting a consensus candidate for 2019 presidential election.
Egypt’s Central Bank wants the World Bank and International Monetary Fund to include the country’s informal sector in their gross domestic product figures.
Young Progressives Party (YPP) has faulted the decision of President Muhammadu Buhari declining assent to the 2018 Amended Electoral bill, stating that it was an attempt to benefit from a flawed electoral system.
The Somali Lower House of Parliament has declared as invalid a motion seeking the impeachment of President Mohamed Abdullahi Farmajo.
Presidential candidate of the Allied Congress Party of Nigeria (ACPN), Dr. Oby Ezekwesili, has signed the 2019 General Elections Peace accord.