Capital Market

C & I Leasing eyes fresh capital for operations

The Vice Chairman of C & I Leasing Plc, the services listed company on the Nigerian Stock Exchange, Emeka Ndu has said the company is planning to raise fresh capital from investors towards further supporting the company’s operations. He disclosed this on Monday at the company’s facts behind the figures presentation at the Nigerian Stock […]

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Nigeria Stock Exchange Market

NSE market capitalisation rises by ₦27 billion

The Nigerian Stock Exchange’s market capitalisation for the third consecutive day on Wednesday rose by ₦27 billion or 0.23 per cent to close at ₦11.550 trillion after closing at ₦11.523 trillion on Tuesday. This was the All-Share Index, which opened at 33,436.61, appreciated 78.32 points or 0.23 points to close at 33,514.93 due to price […]

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NSE launch new market surveilance platform, powered by Nasdaq’s SMARTS

Nasdaq and The Nigerian Stock Exchange (NSE) have officially announced that NSE, the stock exchange of the largest economy in Africa, has launched a new market surveillance platform powered by SMARTS, Nasdaq’s flagship surveillance solution. The technology will, amongst other things, enable NSE to proactively monitor market manipulation (including spoofing and layering), detect and deter […]

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Nigeria Stock Exchange Market

Nigeria’s capital market bag world’s best performer in June

Recent developments in the nation’s capital market may have pushed the Nigerian Stock Exchange (NSE) to the top, as it closed as the world’s best performer. An analysis of 16 selected stock markets across America, Europe, Africa and Asia by researchers from FSDH Merchant Bank put the NSE All-Share Index (ASI) firmly at the top […]

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The Nigerian Stock Exchange (NSE)

NSE suspends shares of 17 companies

The Nigerian Stock Exchange, NSE, has placed the shares of 17 companies on suspension for failing to file their various financial statements as at when due. Most of the companies are in the insurance sector, and are also penny stocks. The companies include African Alliance Plc, Equity Assurance Plc, Guinea Insurance Plc, Sovereign Trust Insurance, […]

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Nigeria Stock Exchange Market

NSE capitalisation edge down from ₦11.452tn to ₦11.331tn

The market capitalisation of the Nigerian Stock Exchange slid to ₦11.331tn from ₦11.452tn recorded last Friday. The market closed negative at the end of the trading on Monday as the All-Share Index declined by 1.05 per cent, to settle the year-to-date return at 2.94 per cent. There were 17 gainers and 29 losers. Honeywell Flour […]

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Again, NSE bags ‘Employer of Choice Award’, CEO named HR Champion of the year

The Nigerian Stock Exchange is pleased to announce that it has won for the second consecutive year, the Employer of Choice Award, 2016, in the “U​nder 1,000 Employees” category. This award which is in recognition of the Exchange’s outstanding contributions to human resources development in the workplace was presented by the HR People Magazine at […]

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Securities and Exchange Commission (SEC)

SEC extends deadline for issuance of dividend warrants

The Securities and Exchange Commission (SEC) has extended the deadline for stoppage of issuance of physical dividend warrants in the nation’s capital market to December 31, 2017. Mr. Naif Abdussalam, SEC Head, Corporate Communications, who disclosed this in an interview in Lagos yesterday, said the deadline was extended to give room for investors to key […]

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Nigeria Stock Exchange Market

All shares index upsurge by 1.67 pct

The Nigerian Stock market All Shares Index (ASI) rose by 1.67 per cent to close at 32,657.30 points to lift market capitalisation to ₦11.29 trillion at the close of Wednesday’s session, stating a strong start for the final trading week of June This comes as financial markets across the country resumed from the two-day Eid-al-Fitri […]

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The Nigerian Stock Exchange (NSE)

SMEs capitalisation on NSE hits ₦11.46bn in 3-months

The market capitalisation for the Small and Medium Enterprises quoted on the floor of the Nigerian Stock Exchange stood at ₦11.464bn ($37.4m) as of the first quarter of 2017, findings by our correspondent have shown. The SMEs are classified under the Alternative Securities Market segment of the bourse, which is the Exchange’s specialised board for […]

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Investors gain ₦110 billion amid the rise of 28 stocks

Investors in the nation’s stock market gained ₦110bn in value on Monday as 28 stocks recorded price appreciation at the end of trading on the floor of the Nigerian Stock Exchange. The NSE All-Share Index increased by 0.98 per cent to close at 34,135.10 basis points, while the market capitalisation of listed equities appreciated to […]

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