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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.
Good times are underway for Micro, Small and Medium Enterprises (MSMEs) in the country as Jaiz Bank Plc, the premier non-interest bank has secured an N3 billion financing facility from the Bank of Industry (BOI) to boost and develop their operations.

Jaiz Bank declares N1.79 billion profit

Jaiz Bank Plc, Nigeria’s premier non-interest Sharia-compliant financial institution, has declared a profit after tax of N1.79 billion in its 2019 unaudited financial results as submitted to the Nigerian Stock Exchange (NSE).
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

SEC may announce new recapitalisation programme for operators

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.
Nigerian Stock Exchange NSE

Federal government to issue N25 billion new green bond

The Federal Government is finalising arrangements to raise about N25 billion through its third green bond issuance.
Nigerian Stock Exchange NSE

Investors shift to penny stocks as decline continues

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.
Nigerian Stock Exchange NSE

NSE: Market indicators extend losing streak, drop 0.27 per cent

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.
Nigeria Stock Exchange

NSE unveils growth board for startups, SMEs to deepen nation’s capital market

Mr Oscar Onyema, NSE Chief Executive Officer, said at the official launch of the board in Lagos that the initiative was in line with the Federal Government’s diversification drive for economic growth and development.
Dr Herbert Wigwe, Managing Director of Access Bank Plc

Access Bank gets final nod to acquire Kenyan Transnational Bank

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).
Nigerian Stock Exchange NSE

Profit taking drags down equity performance by 1.2 percent

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.

NSE optimistic on bullish market as equities’ return rises to N1.35 trillion

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.
Nigerian Stock Exchange NSE

Market capitalisation gains N2.22 trillion in seven days

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.
Nigerian Stock Exchange NSE

Trading moderates on NSE, indices appreciate marginally by 0.07 percent

Transactions on the Nigerian Stock Exchange (NSE) moderated on Friday with the market indicators improving marginally by 0.07 per cent.
BUA Group

BUA Cement lists 33.86 billion shares on NSE, emerges third largest listed company

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.
Dangote Cement

Dangote Cement seeks shareholders’ approval for share buy-back

Dangote Cement Plc is seeking shareholders’ approval to embark on share buy-back in move aimed at improving return on equity and shareholder value.
Nigeria Stock Exchange

Nigeria’s foreign portfolio investments decline by N280 billion

Nigeria’s portfolio transactions declined by N280 billion as foreign portfolio investors (FPIs) tended to be more on the sell side than the buy side.

Sovereign Trust Insurance lists 4.17 billion rights shares

Sovereign Trust Insurance Plc has listed additional 4.17 billion ordinary shares of 50 kobo each on the Nigerian Stock Exchange (NSE), the last step in its recent capital raising process.

Investors stake N15.5 billion on equities ahead of Santa Claus rally

The momentum of activities at the Nigerian equities market has increased as investors opened up more orders in early positioning for the often-expected Santa Claus rally. Investors staked N15.5 billion on 1.38 billion ordinary shares in 14,528 deals last week, 32.3 per cent increase on total turnover volume of 1.04 billion ordinary shares valued at N14.63 billion in 14,974 deals traded in the previous week.

Recent Stories

Justin Fashanu was on Wednesday inducted into the National Football Museum’s Hall of Fame.

Justin Fashanu deserved Hall of Fame induction – Amal Fashanu

Born of a Nigerian father and a mother from Guyana, Fashanu was Britain’s first £1m black footballer and won the BBC’s Goal of the Season award for his memorable volley against Liverpool in February 1980.

US opposes Nigeria’s plan to hand Abacha loot to Kebbi governor

The United States is opposing plans by Nigeria to give $100 million from loots recovered from former Nigeria military dictator Sani Abacha to Kebbi State governor Atiku Bagudu.
Justice Edward Asante, President of the ECOWAS Court of Justice, has underscored need for establishment of legal system to assist Ivoirians approach court for protection of their human right.

ECOWAS Court chief advocates legal system to guarantee Ivoirians of rights protection

Justice Edward Asante, President of the ECOWAS Court of Justice, has underscored need for establishment of legal system to assist Ivoirians approach court for protection of their human right.
An Abuja Area Court, on Wednesday, ordered the Department of State Security to investigate the allegation of forgery of a National Youth Service Corps certificate leveled against the Deputy Governor of Bayelsa State, Lawrence Ewhrudjakpo.

Court orders DSS to probe Bayelsa deputy governor for ‘certificate forgery’

An Abuja Area Court, on Wednesday, ordered the Department of State Security to investigate the allegation of forgery of a National Youth Service Corps certificate leveled against the Deputy Governor of Bayelsa State, Lawrence Ewhrudjakpo.
Lesotho Prime Minister Thomas Thabane is expected on Friday to be charged with the murder of his estranged wife, who was gunned down two days before his inauguration in 2017, police said Thursday.

Lesotho premier fails to appear in court to face murder charge

The prime minister of Lesotho, Thomas Thabane, on Friday failed to appear in court, where he was expected to face charges of murder, attempted murder and malicious damage to property.