Stock Exchange Archives — Page 4 of 12

September 20, 2021 No Responses

SEC Commences 100% Custody Requirement In CIS

As part of measures to protect investors, the Securities and Exchange Commission (SEC) has commenced implementation of 100 percent custody requirement in the Collective Investment Schemes (CIS) sector In a statement on Sunday, the Director-General, Lamido Yuguda explained that the custody requirement covered all Funds...

September 5, 2021 No Responses

China To Open Third Stock Exchange

China has announced plans to set up a third stock exchange to serve small and medium-sized businesses. President Xi Jinping said the new share market will be in the capital Beijing, during a speech to the International Fair for Trade...

August 24, 2021 No Responses

World’s 10 Largest Stock Exchanges Record $12trillion Flows In 2021 Half-Year

The stock market is building momentum and attracting more investors after recording historical dips in the previous year. Indeed, within the first half of 2021, leading global exchanges have witnessed their market capitalization grow by trillions o...

August 7, 2021 No Responses

Onyema: Demutualisation Will Reduce Conflict Of Interests

The Group Chief Executive Officer, Nigeria Exchange Group Plc, Mr Oscar Onyema, has said demutualisation will reduce conflict of interests in the shareholder-owned entity and support agile decision-making. Onyema said this at the Association of Capital M...

July 31, 2021 No Responses

Unity Bank Declares N23b Gross Earnings In Half-Year

Nigeria’s retail lender, Unity Bank Plc has declared half-year result posting gross earnings of 23.6 billion Naira, which is a 3% increase compared with the corresponding period of 2020. A review of the unaudited half year result (H1’2021) released to...

June 17, 2021 No Responses

Seplat, MTN Lift Trading On NGX By 0.15%

Trading activities on the Nigerian Exchange rebounded on Wednesday with a gain of 0.15 per cent due to interest inSeplat Plc and MTN Nigeria Communications (MTNN). Specifically, the All-Share Index increased by 57.41points or 0.15 per cent to close ...

June 15, 2021 No Responses

Mixta Real Estate Quotes N1.02b CP On FMDQ

The FMDQ Securities Exchange Ltd. has approved the quotation of Mixta Real Estate Plc’s N1.02 billion Series 36 Commercial Papers (CP) Issuance on its platform. FMDQ in a statement on Monday explained that the offer was approved by FMDQ under...

June 11, 2021 No Responses

NGX Unveils Enhanced Brokers Performance Ranking Report

By citybusinessnews@yahoo.com — Nigerian Exchange Limited (NGX) has launched an enhanced broker performance ranking report designed to provide detailed insight into the performance of Trading License Holders across asset classes and improve participatio...

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...

June 8, 2021 No Responses

ETI To Raise $300m From Capital Market

Ecobank Transnational Incorporated (ETI) Plc has announced plans to raise $300million from the International Debt Capital Markets (IDCM), through the issuance of tier 2 qualifying sustainability notes. Ms Adenike Laoye, Group Head, Corporate Communicatio...

May 23, 2021 No Responses

Me Cure Industries Lists N3b Bond On NGX

By citybusinessnews@yahoo.com — Me Cure Industries Limited commemorated the listing of its N3Billion bond with a digital Closing Gong Ceremony on Nigerian Exchange (NGX) Limited on Friday, 21 May 2021. The debut listing was the ₦3 billion 5...

May 21, 2021 No Responses

Seplat’s Shareholders Get $344m Dividend In Eight Years

By citybusinessnews@yahoo.com — Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange (NGX) and the London Stock Exchange (LSE), on Thursday held its 8th Annual General Meeting (AGM)...

May 19, 2021 No Responses

Investors Lose N148b As ABC Transport Top Gainers’ Table

The Nigerian Exchange (NGX) market capitalisation dropped further by N148 billion, extending bearish run to two consecutive trading sessions. Specifically, the market capitalisation which opened at N20.487 trillion shed N148 billion or 0.72 per cent to c...

May 11, 2021 No Responses

NGX Opens Week With N59b Growth

The nation’s bourse opened trading for the new week on Monday on a positive note with a growth of N59 billion, following interests in Tier 1 banks. Specifically, the market capitalisation which opened at N20.431 trillion inched higher by N59 billi...