Nigeria Stock Exchange
‘Why NNPC isn’t ripe for listing on NSE’
You are absolutely right, that’s why we always talk about continuity and being able to sustain what is on-going, which we have done over the years.
Oando, SEC tussle drags stock market’s indices by 2.05 per cent
The nation’s equity market closed trading on a volatile note last week, consolidating three consecutive sessions of losses after the two-day public holiday for Eid Mubarak.
Stockbrokers upbeat over MTN’s share listing tomorrow
Although the issue is still much under wrap, stockbrokers have expressed excitement to receive MTN Nigeria’s 20.4 billionshares at the local bourse tomorrow. The much-awaited listing of MTN Nigeria shares on the Nigeria Stock Exchange (NSE), is expected to happen thursday, according to market sources. Still, the bourse refused to confirm the development, except…
ICAN eyes software robotics, AI for work, members efficiency
The Institute of Chartered Accountants of Nigeria (ICAN), has disclosed plans to employ software robotics, Artificial Intelligence (AI), and blockchain technologies to enhance members efficiency. Chairman, ICAN Lagos Mainland and District Society, Reverend Olatunde Ayadi, said this, during the presidential visit of the National President, Razak Jaiyeola, to the district, hosted by Courteville Business Solutions…
Why Nigerian stocks are Africa’s cheapest
An equity market report which showed that Nigerian stocks are at present regarded as the cheapest in Africa, in relation to other major economies on the continent such as South Africa, Egypt, Kenya and Ghana sounded incredible but it is true.
Low liquidity, political concerns drag stock market index by 1.3%
A mix of low liquidity and political concerns have continued to increase price volatility on the Nigeria Stock Exchange, as the index dropped by 1.3 per cent last week. Analysts have argued that the ongoing volatility will persist as third quarter numbers will assist investors and fund managers to rebalance their portfolios, while watching the…
NSE’s ex-president seeks entrepreneurship growth at convocation
In recognition of his outstanding contributions to national development, the former President Nigeria Stock Exchange, Mr. Goodie Ibru was honored with Doctor of Science D.Sc. in Entrepreneurship and Wealth Creation at the 8th convocation of Caleb University, Imota recently. Ibru posited that a nation like Nigeria must create the environment for businesses and entrepreneurs to…
Stable exchange rate best choice for Nigeria – Emefiele
The Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, says maintaining stable exchange rate to avoid depreciation of the Naira is better than building foreign reserve buffers. Emefiele told newsmen on Sunday that this was part of the outcome of the Nigerian delegation’s meetings with investors and institutions at the International Monetary Fund (IMF)…
Stock market opens September with N4b losses
Equity transactions on the floor of the Nigeria Stock Exchange (NSE), reopened September trading on a downward note yesterday, as most highly capitalised...
Political tension, sell-off sustain pressure on NSE’s indices
Political tension ahead of the 2019 general elections, persistent sell-offs, as a reaction and bargain hunting by investors, have continued to spur free fall of equity prices.