Category: Capital Market/Banking

Presco Exceeds 2019 Target, Lauds Border Closure
December 22, 2019 No Responses

Presco Exceeds 2019 Target, Lauds Border Closure

– A key player in the agricultural sector of Nigerian Stock Exchange (NSE), Presco Plc has ended 2019 business year on a happy note.Addressing workers at a ceremony to end the year on Saturday, Managing Director, Felix Nwabuko also commended...
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Building Resilient African Capital Markets
December 21, 2019 No Responses

Building Resilient African Capital Markets

By Thapelo Tsheole — From 25-26 November 2019, over three hundred capital markets participants converged in Kasane in Botswana to attend the 23rd Annual General Meeting and Conference of the African Securities Exchanges Association (ASEA) hosted by Botsw...
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Market Capitalisation Drop By N16billion
December 18, 2019 No Responses

Market Capitalisation Drop By N16billion

The Nigerian equities market ended Tuesday session in red with the All-Share Index dropping by 0.13 per cent. The News Agency of Nigeria (NAN) reports that the index, which opened at 26,695.18, lost 34.74 points or 0.13 per cent to...
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IOSCO Tackles Conflict Of Interests In Debt Capital Raising
December 17, 2019 No Responses

IOSCO Tackles Conflict Of Interests In Debt Capital Raising

The Board of the International Organization of Securities Commissions (IOSCO) is requesting feedback on proposed guidance to help IOSCO members address potential conflicts of interest and associated conduct risks arising from the role of market intermediaries ...
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Shareholders Seek More Mergers, Acquisitions In Cement Industry
December 15, 2019 No Responses

Shareholders Seek More Mergers, Acquisitions In Cement Industry

Shareholders under the aegis of Constance Shareholders’ Association of Nigeria (CSAN) on Saturday said that mergers and acquisitions would improve cement industry activities on the Nigerian Stock Exchange (NSE).Mr Shehu Mikail, CSAN National President, state...
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First Bank Appoints Ado Wanka Non-Executive Director
December 14, 2019 No Responses

First Bank Appoints Ado Wanka Non-Executive Director

First Bank of Nigeria Limited has announced the appointment of Alhaji Ado Yakubu Wanka as Non-Executive Director.  Speaking on his appointment, Dr. Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said, “We are delighted to ...
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NSE All-Share Index Drops By 0.13%
December 14, 2019 No Responses

NSE All-Share Index Drops By 0.13%

The All-Share Index of the Nigerian Stock Exchange (NSE) on Friday bowed to profit taking after two-day upward trend. The News Agency of Nigeria (NAN) reports that the index lost 33.59 per cent to close at 26,536.21 compared with 26,569.80...
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CBN: Refund To Bank Customers Stand At N76.7b,$20.9m
December 13, 2019 No Responses

CBN: Refund To Bank Customers Stand At N76.7b,$20.9m

The Central Bank of Nigeria (CBN) says the worth of money refund to bank customers as at Nov. 30 stood at N76.75 billion and 20.90 million dollars. Mr Kofo-Abdulsalam Alada, the Director, Consumer Protection Department (CPD) of CBN, said this...
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Presco Tops Gainers’ Table As Market Capitalisation Recovers N65billion
December 13, 2019 No Responses

Presco Tops Gainers’ Table As Market Capitalisation Recovers N65billion

By Moses Ebosele, eboele@hotmail.com Transactions on the floor of Nigerian Stock Exchange (NSE) sustained positive trend on Thursday for the second consecutive day.  At the end of trading for the day, the market capitalisation increased further by N65 bil...
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NSE Indices Record First Gain In December
December 12, 2019 No Responses

NSE Indices Record First Gain In December

The Nigerian Stock Exchange (NSE) on Wednesday recorded the first gain in December with the crucial market indices appreciating by 0.19 per cent. Specifically, the All-Share Index increased by 49.79 points or 0.19 per cent to close at 26,434.00 compared...
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Recapitalisation, Technology, Take Centre Stage As Insurance Experts Brainstorm In Lagos
December 11, 2019 No Responses

Recapitalisation, Technology, Take Centre Stage As Insurance Experts Brainstorm In Lagos

By Moses Ebosele, ebosele@hotmail.com  Recapitalisation took the centre stage on Wednesday as Insurance experts and other stakeholders gathered in Lagos to chart the way forward.  The event put together by the Nigerian Stock Exchange (NSE) was titled...
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Capital Market Experts Outline Ways To Fund Nigeria’s Infrastructure Deficit
December 8, 2019 No Responses

Capital Market Experts Outline Ways To Fund Nigeria’s Infrastructure Deficit

An investment banker and Head, Debt Capital Markets, FBNQuest Merchant Bank Limited, Mr Oluseun Olatidoye, has stressed the need for sound macroeconomic and policy frameworks to enable the capital market attract  investors to fund infrastructure projects ...
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Access Bank, Zenith, FMDQ, Nestle, Others Get Capital Market Awards
December 8, 2019 No Responses

Access Bank, Zenith, FMDQ, Nestle, Others Get Capital Market Awards

The Capital Market Correspondents Association of Nigeria (CAMCAN) on Saturday honoured six firms for their contributions to the development of the Nigeria Stock Exchange (NSE) in 2018.At a colourful ceremony held in Lagos, CAMCAN also commended the firms for t...
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Neimeth, Cornerstone, Emerge Best Performing Stocks In November
December 5, 2019 No Responses

Neimeth, Cornerstone, Emerge Best Performing Stocks In November

Neimeth, Cornerstone Insurance and Chams have emerged as the best performing equities on the Nigerian Stock Exchange (NSE) in the month of November.Data obtained by the News Agency of Nigeria (NAN) indicates that Neimeth led eight others to emerge as...
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