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Airtel Nigeria files application for listing on NSE

Airtel Nigeria has officially filed an application with the Securities and Exchange Commission for the listing of its shares on the Nigerian Stock Exchange.
Lagos State Governor Babajide Sanwo-Olu has announced the appointment of six new Permanent Secretaries in the States Civil Service.

Governor Sanwo-Olu wants young Nigerians to be educated on significance of June 12

Mr Babajide Sanwo-Olu, the Lagos State governor, has advised that young Nigerians should be educated on the significance of the June 12 anniversary.
Nigerian Stock Exchange NSE

Stock market investors lose N533 billion in seven days

Investors in the nation’s stock market lost N533bn in the last seven trading sessions as bearish sentiment persisted in the market.
Nigerian Stock Exchange NSE

Transaction on NSE maintains losing streak, sheds N98 billion

The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday continued in a losing streak, dropping by N98 billion.

NSE tasks COREN on engineering regulation

The Abuja branch of the Nigerian Society of Engineers (NSE) has called on the Council for the Regulation of Engineering in Nigeria (COREN) to intensify its Engineering Regulation Monitoring (ERM).

Oando saga: Operators seek federal government intervention, laud SEC’s audit outcome

Capital market operators on Wednesday called for urgent intervention of the Federal Government in the conflict between the Securities and Exchange Commission (SEC) and Oando Plc.

NCC: Glo, 9Mobile set to list on Stock Exchange

With the enlisting of the leading mobile operator in the country on the Nigeria Stock Exchange, the Nigerian Communications Commission, NCC, says other operators including Bharti Airtel, Globacom and 9Mobile are getting set to do so.

Oando management set to challenge SEC over board dissolution

Fireworks on the controversy over corporate governance issues in Oando Plc may begin today as the management of the company is set to contest the veracity of the sack of its directors by the Securities and Exchange Commission, SEC, last weekend.
Nigerian Stock Exchange NSE

Profit taking: NSE market indices decline by 0.17 percent

The crucial market indices of the Nigerian Stock Exchange (NSE) dropped by 0.17 per cent on Thursday after the work-free day to mark the May 29 inauguration date.

NSE: Market capitalisation loses N302 billion

Trading on the Nigerian equities market opened for the week on Monday with a loss of 2.22 per cent, following declining investors’ appetite on MTN Nigeria Communications shares.

EFCC probes MTN’s listing on NSE

Telecommunications giant, MTN Nigeria, has revealed its listing on the Nigerian Stock Exchange (NSE) is the subject of an enquiry by the Economic and Financial Crimes Commission (EFCC).

MTN Nigeria listing being investigated by EFCC

MTN Nigeria said on Saturday it is under investigation by the Nigerian financial crimes agency over its listing last week, although it “has not been accused of any wrongdoing” by the Economic and Financial Crimes Commission.

MTN Nigeria suffers first share price drop

MTN Nigeria Communications Plc saw its share price fall on Friday for the first time since it got listed on the Nigerian Stock Exchange.

MTN Nigeria records first loss after listing, amid profit taking

MTN Nigeria Communications on Friday recorded its first price loss on the Nigerian Stock Exchange after listing on May 16.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

MTN pays N235 billion SIM registration fine

MTN Nigeria Communications Limited has paid a total of N235bn out of the N330bn fine imposed on the mobile telecommunications operator in August 2015 by industry regulatory agency, the Nigerian Communications Commission.

Operators fault MTN Nigeria listing over free float

Some stakeholders in the capital market have faulted the listing of MTN Nigeria Communications Plc on the nation’s bourse in spite of unavailability of the mandatory 20 per cent free float.
Nigerian Stock Exchange NSE

Stock market records highest gain in three months

The nation’s stock market recorded its highest gain since February 12 last week as the market capitalisation of equities rose by N1.874tn following the listing of MTN Nigeria Communications Plc on the Nigerian Stock Exchange.

MTN Nigeria lifts trading on NSE, records 10 percent growth second trading day

MTN Nigeria Communications Plc for the second trading day appreciated by 10 per cent due to high demand for the equity on the Nigerian Stock Exchange (NSE).

Recent Stories

Fire razes 25 shops at Gombe main market

A fire outbreak has razed down 25 shops early Wednesday morning at the Gombe Main Market.
As more people continue to use popular agricultural pesticide, Sniper, to commit suicide in the country, the National Food, Drug Administration Control (NAFDAC) has ordered agro-dealers to withdraw the product from open markets and supermarkets.

NAFDAC bans sniper in open markets, supermarkets

As more people continue to use popular agricultural pesticide, Sniper, to commit suicide in the country, the National Food, Drug Administration Control (NAFDAC) has ordered agro-dealers to withdraw the product from open markets and supermarkets.
The Nigerian Navy on Wednesday arrested oil thieves along Bakana creeks, Port Harcourt in Rivers state.

Nigerian Navy arrests 19 suspects, recovers five boats, 168 drums of diesel

Operatives of the Nigerian Navy (NN) on Wednesday arrested 19 suspected oil thieves including two women and recovered five boats laden with 168 drums of 300 litre each of AGO.
Neymar testified to Brazilian prosecutors for five hours on Thursday in the wake of rape allegations made by a 26-year-old woman.

Neymar serves Paris Saint-Germain quit notice

Brazil international Neymar has told Paris Saint-Germain that he is no longer comfortable at the club and wants to return to Barcelona.
Senate President Ahmad Lawan has appointed Festus Adedayo as his special adviser on media and publicity.

Senate President Lawan appoints Festus Adedayo as spokesman

Senate President Ahmad Lawan has appointed Festus Adedayo as his special adviser on media and publicity.