Predominance of rights issues and ownership structure challenges
With the prevalence of rights issues in the nation’s capital market in 2017, stakeholders have raised concerns of possible effect on ownership structures of listed firms that embarked on the exercise. The stakeholders, who expressed worry on the quantum of rights issues floated in the market last year, totaling over N360 billion cited the…
Nigerian bourse restructures market operations
The Nigerian Stock Exchange (NSE) has unveiled the review of the entire equity market structure, due to take effect July 2, 2018, targeted at creating a level playing field for all market participants and enable investors deploy broader trading strategies, best execution and gain benefit from enhanced market depth.
Stock Exchange makes N3.8 billion record high profit
The emergence of the Nigerian Stock Exchange (NSE) as the third best performing stock in the world last year has impacted on its performance for the 2017 financial year, resulting to an operating surplus after tax or Profit After Tax (PAT) of N3.79 billion. The NSE made this known at the presentation of its results…
Experts canvass sustainable foreign capital inflow
Experts at the one-day conference organised by the Nigerian Stock Exchange (NSE) in Lagos have argued that Nigeria needs to adopt a holistic strategy that would unlock rapid development of transport infrastructure in Nigeria.
Fashola prescribes solutions for sustainable economic rebound
Minister of Power, Works and Housing, Babatunde Fashola has stated that there is need for increased capital spending on critical infrastructure if Nigeria must witness meaningful economic rebound.
‘IPOs’ resurgence only option for capital market stability’
Apparently worried by the long wait for the return of Initial Public Offering (IPO) on the stock exchange, investors have stressed the need for government to develop focused...
NSE, ASHON to fast-track roll-out of futures, commodity exchange
Preparation for seamless take-off of the proposed Lagos Commodity and Futures Exchange (LCFE) was strengthened, as the Association of Stockbroking Houses of Nigeria (ASHON) and the Nigerian Stock Exchange (NSE) signed a Memorandum of Understanding (MOU) last week.
NSE indices hit N16tr mark, up 1.9 per cent
Transactions on the Nigerian Stock Exchange (NSE), sustained rising profile, following heavy price gains recorded by virtually all the highly capitalised stocks, causing market indices to hit N16trillion mark yesterday.
Investors, operators list growth-induced factors for 2018
With the unprecedented rebound witnessed in the nation’s stock market in 2017, culminating to a year to date increase in market capitalisation by N4.5 trillion...