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.
‘Credibility of market is critical to effective derivatives’
The Former Chairman of the United States Commodities Futures Trading Commission (US CFTC), James Stone, has stated that a high level of credibility is needed to ensure efficiency in the new derivatives market.
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...
Firm unveils growth plan, targets N2b profit in 2022
Following its proposed $200million five-year strategic expansion plan, Global Spectrum Energy Services Plc, has announced a target Profit Before Tax of N2.6billion...
Obaseki, others, discuss investment opportunities at LSE
Also present were Kayode Fayemi, Oscar Onyema and Patience Oniha, who presented data to show Nigeria’s way to recovery after exiting economic recession.
Stock exchange chiefs visit, laud Okomu Oil
The Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Oscar Onyema, and others have undertaken a tour of facilities at the plantations of Okomu Oil Palm Company in Ovia North East and Ovia South West local councils of Edo State.
Onyema identifies corporate governance as pre-requisite for promoting economic growth
Chief Executive Officer, Nigerian Stock Exchange (NSE) Oscar Onyema, has identified economic and corporate governance practices as pre-requisites for promoting economic growth, reducing poverty and promoting market efficiency.
CSCS pledges to diversify income streams for improved profitability
The Central Securities Clearing System (CSCS), a disaster recovery facility, which ensure business continuity, has pledged to diversify its income streams to boost profitability and increase shareholders ‘value.