News In : Markets   (Page 6)
  • NSE migrates UBA, Seplat, Two Others to Elite Club
  • The Nigerian Stock Exchange on Monday announced that it had migrated Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank for Africa Plc to its Premium Board. It said the compani[...]
  • Date Posted:: 17/Apr/2018
  • Oando Shareholders Call for Finance Minister’s Sacking
  • Shareholders of Oando Plc have asked President Muhammadu Buhari to immediately sack the Minister of Finance, Mrs. Kemi Adeosun, for what they describe as “her unwholesome interference” in the nation’s c[...]
  • Date Posted:: 16/Apr/2018
  • Why Technical Suspension on Oando’s Shares was Lifted – ...
  • The Securities Exchange Commission on Thursday explained why it directed the Nigerian Stock Exchange to lift the technical suspension placed on the shares of Oando Plc. The NSE had on October 23, 2017 placed a technical[...]
  • Date Posted:: 13/Apr/2018
  • Six Months after, NSE lifts suspension of Oando shares
  • The Nigerian Stock Exchange lifted the technical suspension placed on the shares of Oando Plc on Wednesday, following a directive from the Securities and Exchange Commission, the bourse said. But the NSE said it had to[...]
  • Date Posted:: 12/Apr/2018
  • Naira Drops to 363/Dollar
  • The naira recorded marginal weakness at the parallel market on Wednesday, one week after the Central Bank of Nigeria’s Monetary Policy Committee retained the Monetary Policy Rate at 14 per cent. Specifically, the[...]
  • Date Posted:: 12/Apr/2018
  • Nigerian Equities Market Sheds N1.55tn on Profit Taking, Pri...
  • The Nigerian equities market has lost N1.55 trillion following persistent bearish trend caused by profit taking and market correction. The market, which rebounded in 2017 attracted more demand at the beginning of 2018 a[...]
  • Date Posted:: 11/Apr/2018
  • MTN Pushes Ahead with Listing in Nigeria
  • MTN Group Limited on Tuesday said plans for an initial public offering of its Nigerian business this year were well advanced. The Chief Executive Officer, MTN, Rob Shuter, said the company would provide exact terms in t[...]
  • Date Posted:: 11/Apr/2018
  • DMO Lists FG’s N100bn Sukuk on NSE
  • The Nigerian Stock Exchange on Tuesday announced the listing of the N100bn, seven-year, Federal Government Ijarah Sukuk with a rental rate of 16.47 per cent on the floor of the Exchange by the Debt Management Office. Ac[...]
  • Date Posted:: 11/Apr/2018
  • Ecobank, MTN in Joint Cross-border Mobile Financial Services
  • Telecommunications company, MTN Group, and Pan-African banking conglomerate, Ecobank, have come together to provide mobile financial services across the various African countries where they currently operate. While sign[...]
  • Date Posted:: 11/Apr/2018
  • Investors Lose N149bn as Stocks hit Three-month Low
  • The equities market of the Nigerian Stock Exchange extended its decline on Monday, dropping to a three-month low as 30 firms recorded price depreciation. Investors lost N149bn at the close of trading as the NSE market c[...]
  • Date Posted:: 10/Apr/2018
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