Exchange Market Archives — Page 3 of 4

October 22, 2021 No Responses

Bua Cement, MTNN, Airtel, lift NGX By N237b

Bullish sentiments persisted on the Nigerian Exchange (NGX) Ltd on Thursday with the market capitalisation increasing further by N237 billion due to investors’ sentiment in bellwethers. The bellwethers are BUA Cement, MTN Nigeria Commnuciations (MTNN) and Airtel Africa. Specifically, the...

October 16, 2021 No Responses

NGX Group Listing Lifts Market Capitalisation By N192b

The Nigerian Exchange Group (NGX Group) listing on Friday lifted the market capitalisation of Nigerian Exchange Ltd (NGX) by N192 billion. The News Agency of Nigeria (NAN) reports that NGX Group listed a total of 1.96 billion shares at N16.15...

October 13, 2021 No Responses

SEC Partners EFCC On Capital Market Crimes

The Securities and Exchange Commission (SEC) has partnered staff of the Economic and Financial Crimes Commission (EFCC) on capital market training as part of measures to reduce financial crimes. The Director, SEC Lagos Zonal Office, Mr Stephen...

September 10, 2021 No Responses

Oscar Onyema, Nine Others Join WFE Board

The World Federation of Exchanges (WFE) on Thursday elected ten Directors of the Board, including a new Chairman, Vice Chairman and Working Committee Chairman at the 60th General Assembly. Elected Board of Directors, according to a st...

September 6, 2021 No Responses

SEC To Reduce Cost, Assures Of Profitability In Two Years

The Securities and Exchange Commission has unveiled plans to reduce its operating costs in order to boost profitability within the next two years.The Director-General, SEC, Mr Lamido Yuguda who said this in Abuja, also noted that the Commission has been...

June 9, 2021 No Responses

Okomu Oil, Learn Africa Top Gainers’ Table As Nigerian Stock Market Recovers N102b

Transaction on the Nigerian stock market returned to positive territory on Tuesday with investors’ net worth appreciating by N102 billion. The bullish performance was due to investors’ buy interest in industrial goods, consumer goods and oil & ga...

May 29, 2021 No Responses

FMDQ Lists TrustBanc Holdings Maiden Commercial Paper

FMDQ Securities Exchange Ltd has approved the quotation of TrustBanc Holdings Ltd., N0.20 billion series 1 Commercial Paper (CP), under its N10 billion CP issuance programme. The company in a statement on Friday explained that TrustBanc Holdings is a reg...

March 25, 2021 No Responses

NSE Recounts One Year Experience Of Remote Trading

The Nigerian Stock Exchange (NSE) on Wednesday recounted experiences of one year of remote trading occasioned by the challenges of the COVID-19 pandemic. The NSE in a statement said it activated business continuity plan which saw the transition to remote...

November 19, 2020 No Responses

Market Capitalisation Drops By N91b

Transaction on the Nigerian Stock Exchange (NSE) closed bearish on Thursday with the market capitalisation losing N91 billion due to profit-taking on banking stocks. Specifically, the market capitalisation which opened at N18.19 trillion shed N91 billion...

November 19, 2020 No Responses

NSE Members Approve Listing By Introduction

The Nigerian Stock Exchange (NSE) on Wednesday received members approval for listing by introduction at its 59th Annual General Meeting held in Lagos. President of the National Council of NSE, Otunba Abimbola Ogunbanjo, explained that the appro...

July 13, 2020 No Responses

SEC Nigeria, NITDA Collaborate On Data Protection In Capital Market

The Securities and Exchange Commission (SEC) has restated its preparedness to collaborate with the National Information Technology Development Agency, NITDA in a bid to foster safe conduct of transactions and usage of personal data in the Nigerian capital mark...

June 15, 2020 No Responses

“Uduk, SEC Nigeria Acting DG Has Not Resigned”

The Securities and Exchange Commission (SEC) on Sunday denied Reports that Ms Mary Uduk, its Acting Director-General has resigned from the commission. Head, Corporate Communication, SEC, Mrs Efe Ebelo in a statement described the purported resignation of Uduk ...

February 12, 2020 No Responses

Demutualisation: NSE Releases 78:22 Sharing Formular For Dealing, Ordinary Members

The Nigerian Stock Exchange (NSE) on Tuesday released the distribution formula for the allotment of shares for the post-demutualised Nigerian Exchange Group Plc on the ratio of 78:22 between dealing members and ordinary members. The exchange stated this in a.....

October 27, 2019 No Responses

WFE Issues Call For Academic Papers

The World Federation of Exchanges (WFE) has issued a call for papers, ahead of its Clearing & Derivatives Conference in Malta, 26-27 March 2020. According to WFE, the conference will bring together academics, policy-makers, WFE member CCPs and deriva...