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Nigerian Stock Exchange

Ogunbanjo emerges NSE President, replaces Aig-Imoukhuede

The Nigerian Stock Exchange (NSE) on Monday announced the emergence of Mr Abimbola Ogunbanjo as the new President of National Council of the Exchange.

Aig-Imoukhuede, Dangote bow out of NSE council

Aigboje Aig-Imoukhuede on Monday bowed out as the President, National Council of the Nigerian Stock Exchange, NSE, after serving for three years.

NSE: Market indicators up by 0.85 per cent

Equity transactions on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a positive note, as market capitalisation appreciated by 0.85 per cent as a result of price gains recorded by some major blue chips.

NSE market indicators dip further by 0.08%

A total of 174.65 million shares valued at N2.83 billion were traded in 3,783 deals on the Nigerian Stock Exchange (NSE) on Tuesday.

Capital market: SEC bans Ogiemwonyi for life over alleged unprofessional conduct

SEC has also withdrawn the operating licences of Partnership Investment Company Plc and Partnership Securities Limited. The Chairman of the companies, Mr. Henry Omoragbon, was also suspended for a period of five years from engaging in capital market activities in Nigeria.

Union Banks opens subscription of N50bn rights issue

Union Bank has announced that the subscription period for its N50 billion Rights Issue will commence on Wednesday, September 20 and close on Monday, October 30, 2017.

Nigeria starts sale of N100 billion Sukuk

The federal government on Thursday announced the commencement of the sale of a N100 billion ($326 million) debut sovereign Sukuk on the local market.

Equities appreciate by N70bn despite 22 losers

The Nigerian equities market advanced by N70bn at the close of trading on the floor of the Nigerian Stock Exchange on Thursday notwithstanding depreciation in 22 stocks.

NSE market moves 373.49m shares worth N5.77bn

A total of 373.49 million shares valued at N5.77 billion were traded in 4,193 deals on the Nigerian Stock Exchange (NSE) on Tuesday.

FG begins pre-offer road show for N100bn Sukuk

The Debt Management Office (DMO), on Thursday, started a national road show in Lagos State in preparation for the issuance of the much awaited N100 billion non-interest bearing Sukuk bond.

Fed govt launches pre-offer roadshow for N100bn Sukuk

The Debt Management Office (DMO) will, on Thursday, commence preparatory activities to the issuance of the much awaited N100 billion non-interest bearing bond popularly called Sukuk.

Shareholders seek postponement of Oando’s AGM

The majority shareholders in Ansbury Investment Inc. have sent a petition to the Securities and Exchange Commission, seeking the postponement of Oando Plc’s Annual General Meeting (AGM).

Investors net worth drop by N116bn in August

Investors net worth dropped by N116 billion in the month of August occasioned by profit taking in spite of impressive half year results, the News Agency of Nigeria (NAN), reports.

Fidelity Bank grows profit after tax by 66% to N9bn in 6 months

Shareholders of Fidelity Bank Plc should expect a bounteous harvest at the end of the current year given its impressive performance for the half year (H1) ended June 30, 2017.

Nigeria to save N3tr from local content usage – Onu

Minister of Science and Technology, Dr. Ogbonnaya Onu, says the present administration will ensure that Nigeria saves up to N3 trillion through the adoption and usage of local contents within the next five years.

Minister inaugurates N500m data centre for stock exchange

The Minister of Science and Technology, Dr Ogbonnaya Onu, on Monday in Lagos inaugurated a N500 million Tier three Data Centre to support the activities of the Nigerian Stock Exchange (NSE).

NSE: Transactions resume on bearish trend, index down 0.90%

Activities resumed on the Nigerian Stock Exchange (NSE) on Monday on a negative trend, with the market indices dropping by 0.90 per cent as predicted by market watchers.

Access Bank gross N246.6bn in first 6 months in 2017

Access Bank Plc on Wednesday announced gross earnings of N246.6 billion for the 2017 half year ended June 30, 2017.

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