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Nigerian Stock Exchange
Capital market operators should be bracing up for recapitalisation programme as indications emerged that the Securities and Exchange Commission (SEC) may introduce new minimum capital requirements.
For the ninth year in a row, Aliko Dangote of Nigeria has been declared as the wealthiest person in Africa, with an estimated net worth of $10.1 billion.
The Federal Government is finalising arrangements to raise about N25 billion through its third green bond issuance.
Investors appeared to be making strategic shift to dividend-hunting among low-priced stocks as the bearishness at the Nigerian equities market continued to mitigate share prices of most large and mid-cap stocks.
Transactions on the Nigerian Stock Exchange (NSE) maintained a downward trend for the fourth consecutive trading day with the market indicators extending its losing streak by 0.27 per cent.
Desire of the Management of Dangote Cement to ‘buy back’ 10 per cent of its entire issued shares from shareholders was unanimously granted on Wednesday as the company’s shareholders’ voted in support of the ‘share buy back’ plans. Dangote Cement, which currently has 17.04 billion fully paid up ordinary shares of 50 kobo each, would be buying back 1.70 billion shares.
Access Bank Plc says it has secured final approvals of all relevant regulatory authorities in Kenya for the acquisition of Kenya-based Transnational Bank Plc (TNB).
The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019.
The equities market today (Tuesday) recorded the first profit taking after a long streak gain this month leading to a decline in a major performance index as the Nigerian Stock Exchange, NSE All Share Index declined by 1.2 percent or 118 bases points, bps.
The Nigerian Stock Exchange (NSE) has expressed optimism that the current recovery at the stock market will be sustained. Its optimism is based on the improved macroeconomic conditions and favourable global economic outlook.
The market capitalisation of the Nigerian Stock Exchange (NSE) rose N2.22 trillion or 17.10 percent in seven trading sessions with the market maintaining an upward trend since the beginning of 2020.
Transactions on the Nigerian Stock Exchange (NSE) moderated on Friday with the market indicators improving marginally by 0.07 per cent.
BUA Cement Plc achieved a feat on the Nigerian Stock Exchange (NSE) with the listing 33.86 billion ordinary shares at N35 per share, emerging as the third largest company on the bourse.
Africa’s wealthiest man, Alhaji Aliko Dangote ended 2019 with a total worth of $14.8 billion, representing an increase of $4.3 billion from the $10.3 billion recorded in 2018, according to Bloomberg’s Billionaires Index released recently.
Iranian President Hassan Rouhani said Sunday that he doesn’t believe the U.S. will pursue war with his country, because it will harm President Donald Trump’s 2020 reelection bid.
The Kenyan gaming brand, which has been on the club's shirts since a five-year deal was struck in May 2017, has agreed to the termination of its contract at the end of the season.
A man died after falling into a river on Sunday as Storm Dennis swept across Britain with the army drafted in to help deal with heavy flooding and high winds.
The Oyo State Government, on Sunday, warned some leaders of the suspended National Union of Road Transport Workers (NURTW) in the state to desist from carrying out the threats of violence issued in a video, which has gone viral in the last 24 hours.
The Special Strike Force on Social Miscreants, inaugurated by the Commissioner of Police, Lagos State, Mr Hakeem Odumosu, has arrested the leader of Aiye Confraternity, Sikiru Samuel.
Plateau United are back at the summit of the Nigeria Professional Football League log following a 2-0 win over Dakkada at the New Jos Stadium on Sunday
Lagos State Government has denied reports on social media that there were large numbers of Chinese nationals infected with Coronavirus in Gowon Estate, saying preliminary investigation showed otherwise.
Sinn Fein, the left-wing Irish nationalist party, has won the popular vote in a general election, with the one-time political wing of the Irish Republican Army (IRA) disrupting a duopoly of centre-right parties which have historically controlled the Republic.
The Federal Trade Commission announced Tuesday that it will begin reviewing past acquisitions made by big tech companies, including Alphabet, Amazon, Apple, Facebook, and Microsoft.
The Galaxy Z Flip also includes a clever cover display that highlights notifications when the device is closed, and you can tap on them to get straight into apps once you unfold it again.