The Nigerian Stock Exchange (NSE) on Monday migrated the ordinary shares of United Bank for Africa (UBA) Plc to its Premium Board, in what capital market analysts describe as an attestation to the Bank’s strong adherence to international best practices on corporate governance. The Premium Board is the newly created platform for elite companies that […]
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Seplat Petroleum PLC on Monday tops the gainers chart table at the Nigerian Stock Exchange (NSE), the News Agency of Nigeria (NAN) reports. The Nigerian Stock Exchange (NSE) market indicators resumed for the week with a growth of 0.14 per cent. NAN reports that the All-Share Index appreciated by 59.07 points to close at 40,987.77 […]
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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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Seven-Up (7-Up) Bottling company has voluntarily withdrawn it shares from the Nigerian Stock Exchange after it received a takeover bid from its majority shareholder, Affelka. The company had filed an application to delist its shares from the NSE and end its 32-year journey as a publicly listed company. Exchange’s approval which came into force last […]
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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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Africa Prudential Registrars Plc has been named the Best Registrar Firm in West Africa by Africa-Canada Trade Alliance at the 7th Edition of the West Africa Innovation and Excellence Awards ceremony which held at Abuja recently. According to a letter issued by the organisers, the innovation award celebrates outstanding innovations, brands and personalities in the […]
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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 […]
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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