NSE seeks stronger collaboration with consumer goods operators
The Nigerian Stock Exchange (NSE), has stressed the need for stronger collaboration with the consumer goods sector operators, to further unlock the Exchange’s growth potential and advance development of the sector in Nigeria.
Regulators hinge investment inflow on robust collaboration
The Securities and Exchange Commission (SEC), has charged capital market players to collaborate with policymakers in their efforts to create conducive environment for market stability.
NSE Premium Board outperforms index in H1, hits N7.6 trillion
The Nigerian Stock Exchange (NSE) Premium Board outperformed the All-share index in the first half of the year (H1), as its market capitalisation rose by N2.507 trillion to close at N7.567 trillion as at June 28, 2019.
Experts seek OPS partnership, investment to grow economy
For Nigeria to achieve its desired economic growth, there is need for increase organised private sector investment and participation, experts have said.
RMB Nigeria gathers experts for economy discourse
Rand Merchant Bank (RMB) Nigeria has gathered experts across professions for its Economic and Business conference, to the discuss the nation’s challenges, especially in the real sector, under the theme: “Unlocking Real Sector Growth to drive Sustainable Economic Development”. According to the bank, the opportunity to change course and usher the country into inclusive and sustainable growth does indeed exist if…
How shareholders’ activism ensures accountability, protects listed firms
Shareholders are the owners of companies whether listed or not. They have claim on a portion of the assets owned by the company. As these assets generate profits, which are ploughed back for further growth, shareholder value increases which capital markets reward through rise in stock price.
CSCS shareholders approve N3.5b total dividend for 2018
Shareholders of the Central Securities Clearing System (CSCS) Plc, have approved a cumulative dividend of N3.5 billion culminating in 70 kobo per share due to every investor of the company for the 2018 financial year. The shareholders, who spoke during the 2018 yearly general meeting of the firm, in Lagos, on Tuesday, said…
Stakeholders proffer solutions to over N100bn unclaimed dividend
The fact that the portfolio of unclaimed dividend estimated to be above N100 billion presently is a clear indication that it is a hydra-headed monster that requires expedient innovations, stakeholders have said. They argued that the problem of unclaimed dividend is a perennial issue that cannot but remain in the front burner of national discourse.…
Regulators blame shareholders for asset losses
Capital market regulators have blamed shareholders for their investment losses, urging them to report corporate governance lapses perpetrated by the boards...
Government borrows N1.16 trillion from equity market
To finance its fiscal and infrastructure deficits owing to paucity of funds, the Federal Government had borrowed about N1.16 trillion from the equities market in 2018, including the maiden N100 billion Sukuk designed to fund critical road network across the country.