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Nigerian Stock Exchange
The authorization for the Nigeria Stock Exchange (NSE) to list at the Exchange will deepen the market and boost the economy, Mr. Boniface Okezie, a Capital Market Operator, says.
Nigeria’s biggest public company Dangote Cement Plc said it would pay shareholders N16 for every share held in the company for the 2020 financial year, translating to a total dividend payout of N272.648 billion, a note published by the Nigerian Stock Exchange (NSE) on Friday.
The Debt Management Office (DMO) has listed its third Sovereign Sukuk “N162.557 BILLION 7-YEAR 11.200% AL IJARAH SOVEREIGN SUKUK DUE 2027” on The Nigerian Stock Exchange and the FMDQ Securities Exchange.
The Debt Management Office (DMO) has decried the country’s debt service to revenue ratio, describing it as a major issue of concern.
The Nigerian Stock Exchange (NSE) has received final approvals of its demutualisation plan from the Securities and Exchange Commission (SEC) and Corporate Affairs Commission (CAC) leading to the completion of the exchange’s demutualisation process.
Former Director-General of the Nigerian Stock Exchange (NSE), Prof. Ndi Okereke-Onyuike, has called on more females to take a profession in the nation’s securities market.
The Board of Directors of FCMB Group Plc has announced the retirement of Peter Obaseki, the Chief Operating Officer of the financial institution, with effect from March 1, 2021. He was also an executive director of the group.
Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced its audited results for 2020, recording a revenue of $530.5 million.
The Executive Chairman, Federal Inland Revenue Service (FIRS), Alhaji Muhammad Nami, has said the demutualisation of the Nigerian Stock Exchange (NSE) will promote access to diverse investment opportunities and strengthen investors’ confidence in the capital market.
The disgruntled shareholder, filed that the directive of the SEC suspending Oando's Annual General Meeting is in breach of his right to freedom of association as guaranteed under Section 40 of the Nigerian Constitution and Articles 9, 10 & 11 of the African Charter on Human and Peoples Rights.
The Nigerian Stock Exchange (NSE) on Friday moved 307.79 million shares valued at N2.91 billion exchanged in 4,393 deals.
Foreign investors’ low patronage of the Nigerian stock market has been attributed to scarcity of foreign exchange (FX) as well as concerns about the coronavirus pandemic.
Fidelity Bank Plc has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031.
Recent safety protocols enforced by many countries across the world, particularly those instituted by both the Nigerian and its United Arab Emirates counterpart by way of flight restrictions, are affecting both nations’ carriers economically.
Nigerian Stock Exchange (NSE) has highlighted the capital raising opportunities in the stock market for Small and Medium Scale Enterprise, SMEs, in the country.
Activity chart of the Nigerian Stock Exchange (NSE) for the last trading session of the month, Friday January 29, showed Zenith Bank atop Most-Traded stocks with a total value of N1.2 trillion and transaction volume of 44,956,083 shares.
Stakeholders in the nation’s aviation industry have advised domestic airlines to merge into one mega carrier to beat the 10-year ceiling for closure and function smoothly.
The prime minister of Italy has called for the Euro 2020 final to be moved from Wembley due to coronavirus concerns. Mario Draghi says the level of infection in the United Kingdom means alternative venues must be considered.
Ivory Coast’s former president Laurent Gbagbo filed for divorce on Monday from his wife of three decades, his lawyer said, days after his highly anticipated return to the country.
The President of the Court of Appeal, Hon Justice Monica Dongban-Mensem, has organised a special court sitting in Jos where about 270 Motions and Appeals would be addressed for quick dispensation of justice.
MTN Nigeria plans to invest N640 billion (approximately US$1.5 billion) over the next three years to expand broadband access across the continent’s most populous country, in line with the federal government’s 2020-2025 National Broadband Plan and in support of MTN Group’s strategy, Ambition 2025: Leading digital solutions for Africa’s progress.
The three survivors of Sunday’s sporadic shooting by a police operative in Enugu have regained consciousness, a medical doctor at the Enugu State University Teaching Hospital, Parklane, has said.
Tottenham management has said it was their decision to pull out of talks with former Roma coach Paulo Fonseca.
Heavily armed bandits, on Monday, released photographs showing some of the abducted students and staff members of the Federal Government College, Birnin Yauri in Kebbi State.
The Ondo State Government has commended the technology-driven Edo State Internal Revenue Service, (EIRS), describing it as top notch.
Tanzania plans to request to join the COVAX global vaccine-sharing facility, the World Health Organisation (WHO) said on Thursday, the latest sign of the country's change of tack following the death of its COVID-19 sceptic president in March.
The President of the Court of Appeal, Justice Monica Dongban-Mensem yesterday declared that she would continue to dispense justice in fear of God and according to the laws of the federation.