The Nigerian Stock Exchange (NSE) has been named the best-performing stock market among the 93 equity indexes being tracked by Bloomberg across the world. The all-share index which opened at 38,800.01 inched higher by 310.16 points or 0.80 percent to cross the 39,000 mark and close at 39,110.17. Also, the market capitalisation rose by N167 […]
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The Nigerian Stock Exchange (NSE) wednesday delisted Skye Bank Plc and Fortis Microfinance Bank Plc following approval from the National Council of the exchange. In a notification to market operators, the NSE said the delisting which was pursuant to Clause 15 of the General Undertaking , Appendix 111 of the the Rule Book of the […]
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The Nigerian Stock Exchange (NSE) on Tuesday appointed International Award-Winning artist, Innocent Idibia’ popularly known as `Tuface or 2Baba` as its ‘Good Cause Ambassador’. Mr Oscar Onyema, NSE Chief Executive Officer said this at the unveiling of Tuface organised by the exchange in Lagos. “Following the appointment, Tuface would lend his voice to raising awareness […]
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MTN Nigeria Communications on Friday recorded its first price loss on the Nigerian Stock Exchange (NSE) after listing on May 16. The News Agency of Nigeria (NAN) reports that the stock dipped N9 to close at N140 per share following profit taking. MTN Nigeria on May 16 listed a total of 20.35 billion shares at […]
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The Securities and Exchange Commission (SEC) said that it has approved MTN Nigeria’s application to list on the Nigerian Stock Exchange (NSE) by way of introduction. Mrs Efe Ebelo, SEC Head, Corporate Communications, confirmed this to the News Agency of Nigeria (NAN) in Lagos. Ebelo said the commission has approved the company’s application to be […]
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The Nigerian Stock Exchange (NSE) on Monday reacted negatively to sudden election postponement, dropping by N196 billion as predicted by financial experts. Specifically, the market capitalisation shed N196 billion or 1.61 per cent to close at N12.004 trillion against N12.200 trillion on Friday, due to the postponement. Also, the All-Share Index which opened at 32,715.50 […]
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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 […]
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Trading on Nigerian Stock Exchange (NSE) closed on a positive note on Tuesday, with Total Oil leading the gainers’ table. The News Agency of Nigeria (NAN) reports that the crucial market indicators appreciated marginally with 0.58 per cent growth, following gains by some blue chip concerns. Specifically, the market capitalisation increased by N75 billion or […]
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Activities on the Nigerian Stock Exchange (NSE) for the third consecutive day on Wednesday closed on a negative trend, with Nestle leading the laggards’ table. Nestle, one of the highly capitalised equity, topped the losers’ chart with a loss of N10 per share to close at N1,500 per share. Unilever trailed with a loss of […]
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Price movement on Thursday at the Nigerian Stock Exchange (NSE) indicates that Seplat, Dangote Cement and Forte Oil topped the losers’ chart, the News Agency of Nigeria (NAN) reports. Some highly capitalised stocks also recorded price depreciation on the exchange leading to the decline of market indicators for the fourth day running. Seplat led the […]
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