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Nigerian Stock Exchange

The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE extends filing of 2019 results

The Nigerian Stock Exchange has granted a 60-day grace period to companies for the submission of Audited Financial Statements due March 30, following disruptions by COVID-19.
Dangote Cement

Dangote Cement set to issue N300 billion bonds

The company, in a notice to the Nigerian Stock Exchange (NSE), on Monday, announced its inaugural issuance of bonds under its N300 billion shelf registration programme.

UBA, Transcorp postpone annual general meetings

United Bank for Africa (UBA) and Transcorp have announced the cancellation of their 2019 Annual General Meetings (AGMs) to prevent the spread of COVID-19.
President of the Senate, Ahmad Lawan, disclosed on Tuesday that the Senate may next week consider the report of an Ad-Hoc Committee on security challenges with a view to finding solutions to Nigeria’s security problems.

Senate to revisit Petroleum Industry Bill

The Senator representing Ogun Central Senatorial District and Chairman of the Senate Committee on Capital Market, Ibikunle Amosun, has said the committee would revisit the Petroleum Industry Bill (PIB) and the Investment and Securities Act (ISA) Bill.
Nigerian Stock Exchange NSE

NSE market indicators record 0.12 per cent loss

Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a loss of 0.12 per cent, driven by investors’ sell-off of UBA, FBN Holdings and Lafarge Africa.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank completes N15 billion green bond cross-listing

The 15.50% fixed rate, unsecured climate-credential green bond is the first of its kind to be issued by a Nigerian corporate and represents a major milestone in the development of the local green finance market.
Nigerian Stock Exchange NSE

Nigeria stock market capitalisation drops further by N656 billion

Panic sell off continued on the Nigerian Stock Exchange (NSE) on Tuesday with the market capitalisation shedding N656 billion in what an expert attributed to fear of naira devaluation.
Nigerian Stock Exchange NSE

NSE: Investors lose N329 billion amid coronavirus fear, fall in oil price

The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a huge loss of N329 billion due to persistent fall in global oil price and rising cases of COVID-19.
Lafarge SA

Coronavirus: Lafarge apologises over role in deadly virus spread to Nigeria

Khaled El Dokani, the country Chief Executive Officer of Lafarge Africa in Nigeria, has apologised for the company’s role in admitting the deadly coronavirus into Nigeria.
Nigerian Stock Exchange NSE

Stakeholders hail NSE on demutualisation, list benefits

Capital market stakeholders have hailed the final approval given by members of the Nigerian Stock Exchange (NSE) to demutualise the exchange to become a profit-making and limited liability company, saying it will benefit the market and the economy.
Nigerian Stock Exchange NSE

NSE may trigger circuit breaker to check stock market plunge

There are indications that the Nigerian Stock Exchange (NSE) may trigger its index circuit breaker if the stock market continues to plunge, in order to protect investors.
The founder, Investment Banking and Trust Company (IBTC), Mr. Atedo Peterside, has identified macroeconomic stability, especially low inflation rate regime as a major panacea to attracting all types of investors into the Nigeria’s capital market.

Atedo Peterside: Why stock market is under persistent pressure

The founder, Investment Banking and Trust Company (IBTC), Mr. Atedo Peterside, has identified macroeconomic stability, especially low inflation rate regime as a major panacea to attracting all types of investors into the Nigeria’s capital market.
UBA - United Bank for Africa

UBA posts N89.1 billion profit after tax in 2019

United Bank of Nigeria (UBA) Plc has posted a profit after tax of N89.1 billion for the financial year ended Dec. 31, 2019.
The Speaker of the House of Representatives, Rep. Femi Gbajabiamila (APC-Lagos), has announced the demise of a former member of the house, Rep. Tony Okey. 5

House of Reps to investigate Julius Berger, others over ‘contract monopoly’

The House of Representatives has mandated its works committee to investigate “the slow pace of work on three critical projects” and a perceived conflict of interest due to Julius Berger’s involvement in the projects.
Zainab Ahmed

Nigeria to introduce incentives to boost capital market investment – minister

Dr Zainab Ahmed, Minister of Finance, Budget and National Planning, says the Federal Government will further introduce incentives to boost investments in the nation’s capital market.

Zenith Bank to pay N2.80k as final dividend for 2019

Zenith Bank Plc has announced that it will pay a final dividend of N2.50 for every 50 kobo shares, thereby bringing the total dividend paid for FY 2019 to N2.80.
Nigerian Stock Exchange NSE

NSE launches comic book to boost financial literacy

The Nigerian Stock Exchange (NSE) on Wednesday announced the publication of the maiden edition of StockTown, a comic book aimed at promoting financial literacy in Nigeria.
Nigerian Stock Exchange NSE

NSE: Market capitalisation loses N9 billion on persistent profit taking

The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday depreciated further by N9 billion, amid profit taking.

Recent Stories

Transport firm, Peace Mass Transit, has announced that it will be shutting down operation in Enugu and Ebonyi states from Sunday.

Peace Mass Transit announces shutdown

Transport firm, Peace Mass Transit, has announced that it will be shutting down operation in Enugu and Ebonyi states from Sunday.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Three policewomen detained for allegedly assisting rapist escape

A suspected rapist, simply identified as Kelechi, has escaped from police detention at Ajiwe Police Station, Lagos State.
Prof. Babatunde Salako, the Director-General of the institute, made this known to newsmen on Saturday in a telephone interview in Lagos.

Institute begins free virus screening, gives criteria

As the Nigerian Institute of Medical Research begins a free screening for COVID-19 on March 30 in Lagos, only invited individuals will be tested.
It was sequel to the directive of Gov. Ben Ayade and the resolution of the state chapter of the Christian Association of Nigeria (CAN)

Cross River bans religious gatherings

The Cross River State Government on Saturday banned all religious gatherings of more than five persons in the state.

US prepares emergency evacuation of citizens from Nigeria

The United States government is preparing emergency flights to evacuate its citizens in Nigeria over fear of escalation of Coronavirus in the country.