NSE

Godstime Iwenekhai National News Nigeria NSE Unity Bank

NSE lifts suspension on Unity Bank shares 

The Nigerian Stock Exchange (NSE) yesterday lifted the suspension placed on Unity Bank Plc., as it has submitted its outstanding audited and interim financial statements to the exchange.   According to a statement signed by Head of Listings Regulation Department, the NSE, Godstime Iwenekhai, the lifting of suspension placed on the […]

Nigeria’s capital market can finance infrastructure, experts insist
Business Business News Energy Finance Nigeria NSE Patrick Ezeagu Transportation

Nigeria’s capital market can finance infrastructure, experts insist

Capital Market Experts and stakeholders in the financial sector have restated their calls on government at various levels, to take advantage of the multiple benefits inherent in the nation’s capital market to facilitate their respective infrastructure projects. Reiterating the market’s capacity, the stakeholders warned that in an era of fiscal […]

Tech-driven retail boosts Diamond Bank’s Q3 result
Business Business News Diamond Bank Nigerian Stock Exchange NSE Women’s World Banking WWB

Tech-driven retail boosts Diamond Bank’s Q3 result

Diamond bank<br />PHOTO: nigerianbulletin.com Diamond Bank Plc’s third quarter (Q3) financial report for the period ended September 30, 2018, has shown funds disbursement of more than N1 billion to small business owners, under the cash flow-based SME lending scheme.   The initiative, which is in partnership with the Women’s World Banking […]

At 58, equity investors warn against political interference
Business Business News NSE Securities and Exchange Commission

At 58, equity investors warn against political interference

Securities and Exchange Commission As the nation marks 58 years of existence, stakeholders in the nation’s capital market have stressed the need for government to step up policy implementation as well as tackle perennial economic policy uncertainties impacting negatively on investment and Nigerian business environment to spur activities in the […]

Investors’ wealth depreciate by N105b in three trading days
Business Business News Fidelity Bank Nigerian Stock Exchange NSE

Investors’ wealth depreciate by N105b in three trading days

NSE Following persistent sell pressure on the Nigerian Stock Exchange (NSE), equity transactions continued on a downward note yesterday, as investors wealth depreciated by N105 billion in three trading days. Specifically, the market capitalisation of listed equity dropped by N105 billion or 0.9 per cent to N11.837 trillion from N11.942 […]

Profit-taking drags stock market All-share index down 1.5%
Business Capital Market Nigerian Stock Exchange NSE Sterling Bank

Profit-taking drags stock market All-share index down 1.5%

Brokers on the floor of Nigerian Stock Exchange in Lagos. Bearish sentiments resurfaced on the trading floor of the Nigerian Stock Exchange (NSE) yesterday, following profit-taking by investors, resulting to a significant drop in the All-share index by 1.5 per cent. Yesterday, the All Share Index (ASI) shed 519.31 absolute […]

MTN’s $236 million offering in Ghana falls short of target
Business Communications Ghana Malam Garba Kurfi Moses Igbrude MTN Nigerian Stock Exchange NSE SEC Securities and Exchange Commission

MTN’s $236 million offering in Ghana falls short of target

MTN Group’s unit in Ghana raised 1.1 billion cedis ($236 million), selling about a third of the shares made available in an initial public offering, according to a document seen by Bloomberg MTN, Africa’s biggest mobile-phone company by subscribers, sold 1.5 billion securities of the initial agreed 4.6 billion shares […]

Equity market depreciates 0.77% on banks’ stocks slump
Business Capital Market CBN Central Bank of Nigeria Dangote Forte Oil Guaranty Trust Bank Lafarge Africa Nigerian Stock Exchange NSE Stanbic IBTC Holdings

Equity market depreciates 0.77% on banks’ stocks slump

Nigerian Stock Exchange Central Bank of Nigeria (CBN) huge fines on four deposit money banks over alleged illegal fund repatriation on behalf of MTN Nigeria weighed heavily on the local bourse yesterday, causing the All-share index to slide by 0.77 per cent. The Nigerian Stock Exchange-All Share Index (NSE-ASI) decreased […]

Bears emerge as index drops by 0.3% amid investors’ apathy
Business Business News Flourmill Nigeria Nigerian Stock Exchange NSE Universal Insurance

Bears emerge as index drops by 0.3% amid investors’ apathy

Nigerian Stock Exchange The volatile pattern of the market, occasioned by the ongoing anxiety in Nigeria’s political environment has continued to drive cautious trading by investors on the Nigerian Stock Exchange (NSE), as the All-share index depreciates by 0.3% yesterday. Last week Thursday, the NSE’s All-share index had opened on […]

Amid bearish results, hope rises for stock market with demutualisation
Features Focus Nigerian Stock Exchange NSE SEC Securities and Exchange Commission

Amid bearish results, hope rises for stock market with demutualisation

Nigerian Stock Exchange The loss of N2.49 trillion in seven months by investors in the nation’s bourse is the unsavoury news coming out of the Nigerian Stock Exchange (NSE). The loss, amounting to 15.64 per cent between January and July, has been attributed to political uncertainty in the country by […]

The Guardian eyes entry into the Nigerian Stock Exchange
Business Business News Lady Maiden Alex Ibru NSE

The Guardian eyes entry into the Nigerian Stock Exchange

Publisher, The Guardian, Lady Maiden Alex-Ibru (middle); Executive Director, Tive Alex-Ibru (left); Chief Finance Officer, Solomon Alonge; Chairman, Ibru Organisation, Olorogun Oskar Ibru; Chief Executive Officer, Nigerian Stock Exchange (NSE), Oscar Onyema; President, NSE, Abimbola Ogunbanjo; Chairman, Editorial Board, The Guardian, Prof. Wale Omole; Chief Operating Officer, Dr. Alexander Thomopulos […]

MRA inducts NSE into hall of shame for alleged breach of FOI Act
Business Business News FOI Act Media Rights Agenda MRA Nigerian Stock Exchange NSE

MRA inducts NSE into hall of shame for alleged breach of FOI Act

Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema Officials of the Media Rights Agenda (MRA) have accused the Nigerian Stock Exchange (NSE) of impeding the implementation of the Freedom of Information (FOI) Act by denying Nigerians necessary information on the institution. The civil rights group, […]

Stock market investors’ lose N220b ahead of Eid-El-Kabir celebration
Business Business News Eid el-Kabir NSE

Stock market investors’ lose N220b ahead of Eid-El-Kabir celebration

Nigerian Stock Exchange Ahead of the Eid-El-Kabir celebration, transactions on the equity sector of the Nigerian Stock Exchange (NSE), closed on a downward note yesterday, following price losses suffered by virtually all the blue-chip stocks, as market capitalisation dipped by N220billion.     In line with the Federal Government’s declaration of a […]

Foreign investors exit, uncertainties drag NSE’s indices further by N13b
Business Business News foreign investors NSE

Foreign investors exit, uncertainties drag NSE’s indices further by N13b

Exit of foreign investors, amid political instability have continued to induce sell pressure on the equity sector of the Nigerian Stock Exchange (NSE), as the market recorded the seventh consecutive decline at the end of yesterday’s transactions, Specifically, the All -Share index (ASI) declined by 35.86 points or 0.10 per […]

Mutual Benefit, Secure Electronic others top NSE’s N12 billion loss
Business Insurance Mutual Benefit NSE Secure Electronic

Mutual Benefit, Secure Electronic others top NSE’s N12 billion loss

Akin Ogunbiyi, Chairman Mutual Benefits Plc Continued price depreciation in the shares of many blue chip stocks, especially Mutual Benefit Assurance, and Secure Electronic Technology, pulled the All-share index further by 0.09 per cent. Specifically, at the close of transactions yesterday at the Nigerian Stock Exchange (NSE), the All-Share Index […]

Notore identifies huge capacity to diversify revenue as key potential
Business Business News Notore Chemicals Industries NSE

Notore identifies huge capacity to diversify revenue as key potential

Notore Chemical Industries Notore Chemicals Industries Plc has stated that it’s strength lies in its huge potential to diversify revenues due to its favourable location within a prolific gas hub and access to a jetty. These key factors, the company said, guarantees easy export of any products manufactured in the […]