Traders work at the Nigerian Stock Exchange in Lagos

NSE indices record 0.15 pct marginal growth

Crucial indices of the Nigerian Stock Exchange, NSE, recorded a marginal growth of 0.15 per cent, after succumbing to the bears. All-Share Index rose by 47.72 points or 0.15 per cent to close at 30,866.82 compared with 30,819.10 achieved on Thursday. Also, the market capitalisation which opened at ₦11.251 trillion inched ₦15 billion or 0.15 […]

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Traders work at the Nigerian Stock Exchange in Lagos

Equities for first trading in December begins on a bearish note

The Nigerian Stock Exchange (NSE) began the first trading in the month of December on a bearish note as All Share Index closed at 30,798.76 basis points, down 0.24 percent following sell-offs across major sectors. Consequently, the Year-to-Date, YtD loss amplified to -19.47 percent. Among sectoral Indices, the Insurance (-4.51 percent) Index posted the heaviest […]

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SEC plans to list government companies on NSE

The Securities and Exchange Commission has said it wants government-owned companies to be listed on the Nigerian Stock Exchange. The Acting Director General, SEC, Ms Mary Uduk, during a courtesy visit from the Senate Committee on Capital Market to SEC, commended the senators on the efforts made so far in ensuring adequate legislation for the […]

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Stock market down by 0.44 pct on losses by Bellwethers

The stock market last week sank deeper into the negative territory as losses by bellwether stocks prevented the market from sustaining gains recorded the preceding week. Compared to a gain of ₦27 billion in capitalisation two weeks ago, the market shed ₦51.8 billion last week. Consequently, the Nigerian Stock Exchange (NSE) market capitalisation closed lower […]

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NSE Media Lounge

NSE commissions media lounge in Lagos

The Nigerian Stock Exchange (NSE) today, commissioned the Media Lounge at its headquarters in Marina, Lagos. The Lounge will serve as a meeting and bonding facility for journalists that cover the activities of the Exchange. At the commissioning were media personalities such as Mr. Qasim Olalere Akinreti, Chairman, Nigerian Union of Journalists, Lagos Chapter; Mrs. […]

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Traders work at the Nigerian Stock Exchange in Lagos

Banking sector rebound lifts stock market

Transaction proceedings on the floor of the Nigerian Stock Exchange (NSE), yesterday, ended with a flattish 0.03 per cent in the All-Share Index (ASI), which closed at 32,152.90 points following fresh rounds of bargain hunting in banking stocks by short-term investors. Accordingly, the Month-to-Date and Year-to-Date losses dipped to 0.97 and 15.93 per cent, respectively […]

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Traders work at the Nigerian Stock Exchange in Lagos

CISI, NSE heralds partner to increase finance professionals in Africa

The Chartered Institute for Securities & Investment (CISI) is delighted to announce a new partnership with The Nigerian Stock Exchange (NSE) to provide trainings for CISI’s qualifications in Nigeria, under the auspices of X-Academy, the knowledge platform of NSE. The partnership will result in CISI accrediting X-Academy as its training partner in Nigeria for qualifications […]

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Pictures: Commissioning of NSE Media Lounge

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NSE set to announce winners of 2018 Essay Competition

The Nigerian Stock Exchange (NSE) is set to announce the winners of the 2018 edition of its NSE annual essay competition for students in Senior Secondary Schools in all states of the Federation. The Grand Finale and Awards Ceremony is scheduled to take place on Friday, November 16, 2018 at the Civic Center, Ozumba Mbadiwe […]

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Traders work at the Nigerian Stock Exchange in Lagos

20 companies risk been delisted from stock market

Twenty companies listed on the Nigerian Stock Exchange risk being delisted, our correspondent has learnt. According to data obtained from the NSE, 26 companies were on suspension as of November 1, 2018 for failing to file their financial statements as and when due. The bourse stated that 13 companies were suspended last year, out of […]

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Traders work at the Nigerian Stock Exchange in Lagos

Investors’ sell-offs drags market index down by 0.2 pct

The equities market on the Nigerian Stock Exchange, NSE started the week (Monday) on a negative note, as the All Share Index, ASI fell by 0.2 percent to close at 32,143.41 points, owing to sell pressure in banking stocks. Accordingly, the Month-to-Date and Year-to-Date losses increased to 0.99 percent and 15.95 percent, respectively. The Banking […]

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Traders work at the Nigerian Stock Exchange in Lagos

Equity market records positive performance as ₦27bn recovered

The Nigerian equities market recorded a positive performance last week as it recovered part of the losses suffered the preceding week. The development followed renewed buy interest in bellwether stocks, which led to the Nigerian Stock Exchange All-Share Index (NSE ASI) rising 0.23 per cent to close at 32,200.21, compared to a decline of 2.38 […]

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