Activities opened on the Nigerian Stock Exchange (NSE) on Monday in the negative as the market capitalisation lost N150 billion and volume depreciated by 42.82 per cent. The News Agency of Nigeria (NAN) reports that amid losses by blue chips, the market capitalisation, which opened at N14.753 trillion, shed N150 billion or 1.02 per cent […]
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Nestle Nigeria PLC on Thursday led the gainers’ table at the Nigerian Stock Exchange (NSE) appreciating by N39.70 to close at N1,380 per share. The News Agency of Nigeria (NAN) reports that after three-consecutive days of negative trading, activities on the exchange rebounded to close for Easter holidays with a growth of 1.72 per cent. […]
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Flour Mills of Nigeria will market a share sale to existing investors on Jan. 15 to raise N39.86 billion (130 million dollars). The Nigeria Stock Exchange has granted the approval for the right issue. The flour and pasta maker will offer 1.47 billion shares at 27 naira a piece, an 18.2 per cent discount to […]
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The market indicators of the Nigerian Stock Exchange (NSE) on Tuesday dropped further by 0.52 per cent due to profit taking ahead of the Yuletide preparations. The News Agency of Nigeria (NAN) reports that the market capitalisation lost N71 billion to close at N13.445 trillion in contrast with N13.516 trillion posted on Monday. Also, the All-Share […]
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MTN on Friday in Abuja said it would list its shares on the Nigerian Stock Exchange this year. MTN General Manager, Mr Nikiwe Tsaagane, made this known when he paid a courtesy visit to Dr Ogbonnaya Onu, Minister of Science and Technology. Tsaagane said the efforts would help to fast-track improvement in Nigerian economy. “It […]
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Activities on the Nigerian Stock Exchange (NSE) remained on a bullish trend on Friday with the All-Share Index crossing the 33,000 mark for the first time since June 2015. NAN reports that the index, being led by Oscar Onyema (pictured), grew by 338.70 points or 1.03 per cent to close at 33,276.68 against 32,937.98 achieved […]
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The Nigerian Stock Exchange (NSE) on Monday said Conoil and 10 other quoted companies have failed to file their 2016 audited results within the stipulated time. The exchange said in a statement in Lagos that the defaulting companies included Capital Hotel, Niger Insurance, A G Leventis, African Alliance Insurance and Austin Laz Company. Others are […]
Continue ReadingMTN Nigeria has made public, its decision to list its shares on the Nigerian Stock Exchange come 2017.The joint transaction advisors and joint global coordinators for the listing are Stanbic IBTC Capital Limited (together with its affiliates, The Standard Bank of South Africa Limited and Standard Advisory London Limited) and Citigroup Global Markets Limited, with Stanbic […]
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