NSE – Page 3 – City Business News

January 7, 2021 No Responses

Demutualisation: NSE Announces Chief Executives For Emerging Entities

The National Council of the Nigerian Stock Exchange (NSE) has announced the chief executives that would head its operating and non-operating companies upon the completion of its demutualisation programme. This is contained in a notice issued the NSE on Wednesday.The group will have...

December 25, 2020 No Responses

Group Implores CBN On Easy Forex Access For SMEs

The Association of Food and Agro Processors (AFAP) has appealed to Central Bank of Nigeria (CBN) to assist Small and Medium Enterprises (SMEs) to easily access foreign exchange for procurement of machinery. AFAP National President, Duro Kuteyi, made the ...

December 24, 2020 No Responses

NSE Market Capitalisation Crosses N20tr Mark

Trading activities on the Nigerian Stock Exchange (NSE) sustained positive mood on Wednesday for the eighth successive session, with the market capitalisation crossing the N20 trillion mark. The sustained rally was as a result of buying interests in some...

December 23, 2020 No Responses

Dangote Cement, UBA, Zenith Bank Sustain NSE Rally By N235b

The Nigeria Stock Exchange (NSE) on Tuesday recorded its seventh consecutive gain, appreciating further by N235 billion following buying interests in Dangote Cement, United Bank of Africa and Zenith Bank stocks. Specifically, the market capitalisatio...

December 15, 2020 No Responses

The Lessons, Challenges Of 2020, By Oscar Onyema

Despite varous economic challenges associated with the global Covid-19 pandemic, the Nigerian Stock Exchange (NSE) has demonstrated its resilience by maintaining seamless trading activities and business operations, the Chief...

December 4, 2020 No Responses

Ecobank Group Report N461b Revenue In Nine Months

Ecobank Group made N461.2 billion revenue in nine months for the period ended 30th September 2020, representing nine per cent increase against the corresponding period of last year. In its audited report submitted to the Nigeria Stock Ex...

December 3, 2020 No Responses

NSE Begins Application Of 0.08% Stamp Duty On Securities Transactions Dec 7

The Nigerian Stock Exchange (NSE) has announced the revision of Stamp Duty on securities transactions to 0.08% from 0.075%, effective 7 December 2020. In a statement on Thursday, NSE explained that the change is necessitated by the classifica...

November 29, 2020 No Responses

NSE Boss Tasks New Stockbrokers On High Standards

The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema, on Saturday tasked newly qualified stockbrokers to uphold the highest ethical standards in their professional practice. Onyema, gave the advise in a statement issued &...

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...

November 14, 2020 No Responses

NSE Reiterates Commitment To Provide Quality Market Data

The Nigerian Stock Exchange (NSE) has reiterated its commitment to provide quality market data to help investors make informed and healthy investment decisions. Chief Executive Officer of the NSE, Mr Oscar Onyema, made the assertion during the Market Data Work...

November 13, 2020 No Responses

Nestle, Airtel Africa, Presco, Others Sustain N1.08trillion Growth On NSE

The bulls continued to dominate activities on the Nigerian Stock Exchange (NSE) with the All-Share Index rising above the set five per cent threshold to trigger circuit breaker. Speficially, the All-Share Index rose by 2,074.10 points or 6.23 per cent...

November 11, 2020 No Responses

NSE Market Capitalisation Hits N17trillion

Transactions on the Nigerian Stock Exchange (NSE) remained upbeat on Tuesday with the market capitalisation hitting N17 trillion benchmark due to gains in high capitalised stocks. Specifically, the market capitalisation appreciated by N212 billion to close at ...

October 27, 2020 No Responses

Market Capitalisation Attains N42b Growth

Transactions on the Nigerian Stock Exchange opened for the week on Monday still on an upward trend with the market capitalisation crossing N15 trillion mark. Specifically, the market capitalisation which opened at N14.999 trillion inched higher by N42 bi...

October 21, 2020 No Responses

Market Capitalisation Attains N4b Growth

The Nigerian Stock Exchange (NSE) market indices on Tuesday recorded a marginal growth of 0.03 per cent following gains by Zenith Bank and 22 other equities. Specifically, the market capitalisation which opened at N14.979 trillion inched higher by four billion...