The Nigerian Stock Exchange has sanctioned eight banks with fines totalling ₦102.7 million for failing to file their financial statements at the regulatory date. The Exchange launched its new sanction regime for the delay in submission of companies’ results on January 1, 2018, saying companies might pay fines ranging from ₦100, 000 to more than […]
Read More
The Nigerian Stock Exchange has suspended trading in the shares of Unity Bank Plc and five other listed companies. The Head, Listings Regulation, NSE, Godstime Iwenekhai, in a statement on Thursday, said the companies were suspended for failing to file their financial statements. Iwenekhai, who announced the suspension, said it was in pursuant to Rule […]
Read More The Nigerian equities market opened the week on a bullish note as investors continued to react positively to nine month corporate earnings of companies. Gains by 17 stocks, including market leader, Dangote Cement Plc, Zenith Bank Plc, Guaranty Trust Bank Plc and Stanbic IBTC Holdings Plc, lifted the market capitalisation by ₦105 billion to ₦12.119 […]
Read More Activities on the Nigerian Stock Exchange (NSE) returned to negative territory on Wednesday, after appreciating for two consecutive days. Newsmen report that the crucial market indices closed southward, dropping by 2.37 per cent, amid loses by Nestle and Dangote Cement. The All-Share Index lost 787.85 points or 2.37 per cent to close at 32,403.60 against […]
Read More
The Chief Executive Officer of the Nigerian Stock Exchange, NSE, Mr. Oscar Onyema has called for collaborative efforts across market players to fully domesticate relevant emerging technologies that will benefits Nigeria and make the country a competitive investment destination, despite challenges that come with digitisation. Onyema made the call at the Market Data Workshop 2018 […]
Read More The bears continued to dominate trading on the nation’s bourse on Wednesday with the market capitalisation extending loss by ₦12 billion amid political uncertainties. Newsmen report that the market capitalisation shed ₦12 billion or 0.10 per cent to close at N11.822 trillion in contrast with ₦11.834 trillion achieved on Tuesday. Similarly, the All-Share Index, which […]
Read More As Green Bond issuance set to gain traction in the country, the Nigerian Stock Exchange (NSE) is proposing a set of rules that will guide the listing of those bonds on the exchange. Green bonds are special bonds issued to finance or re-finance in part or in full new and existing eligible environmental or climate […]
Read More
The former Director General of the Nigerian Stock Exchange (NSE), Professor Ndi Okereke-Onyuike has chided the management of the exchange, over move to seek the National Assembly approval for the demutualisation of the NSE. Demutualization, is a process, where the shares is listed and traded on the Nigerian Stock Exchange, after the general public have […]
Read More The persistent bear run pushed the Nigerian Stock Exchange (NSE) All-Share Index (ASI) down by 5.9 per cent in September as investors continued to watch activities in the political environment. The NSE ASI, which measures the aggregate value of the nation’s stock market, fell from 34,848.45 at the beginning of the month to 32,766.37 last […]
Read More Lagos, September 27, 2018 The Nigerian Stock Exchange, NSE, is pleased to announce that it has retained the ISO 27001:2013 certification for its Information Security Management System (ISMS) for the third year consecutively. The re-certification followed a rigorous independent audit of NSE’s Information Security Management System (ISMS) by the British Standard Institute (BSI), to ensure […]
Read More Trading activities on the Nigerian Stock Exchange (NSE) on Friday sustained a positive growth for the second consecutive day as the market capitalisation appreciated by ₦21 billion. Newsmen report that the crucial market indices appreciated further with 0.18 per cent growth, following price gains by some blue chips. Specifically, the market capitalisation hits ₦21 billion […]
Read More
The Nigerian Stock Exchange (NSE) on Friday officially notified the investing public that Skye Bank Plc shares would be suspended from trading on Sept. 24. The exchange gave the notice in Lagos in a statement by Mr Olumide Orojimi, Head, Corporate Communications and Mr Godstime Iwenekhai Head, Listings Regulations. NSE said in the statement that […]
Read More
