Stock Market – Page 13 – City Business News

August 7, 2019 No Responses

Olam Stakes N120b For Dangote Flour Mill

Foremost food and agri-business company, Olam International, that previously showed interest in the acquisition of Dangote Flour Mill (DFM) has made a final offer of N120 billion. The transaction if successful will make DFM a completely owned subsidiary of Olam...

July 26, 2019 No Responses

NSE Unveils Investors Relations Data Pack

The Nigerian Stock Exchange (NSE) has unveiled Investor Relations (IR) Data Pack, an innovative and dynamic webpage integrated with key market data, corporate news and disclosures, for corporate issuers. NSE Investor Relations Data Pack is designed to re...

July 9, 2019 No Responses

Photo News

L – R (A) shows Mr. Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Ms. Tinuade Awe, Executive Director, Regulation, NSE; Mr. Oscar N. Onyema, OON, Chief Executive Officer, NSE; Ms. Mary Uduk, Acting Director General, Securiti...

July 4, 2019 No Responses

SEC Reduces Cost, Timelines For Transmission of Shares

Determined to reduce the quantum of unclaimed dividends in the Nigerian Capital Market and encourage beneficiaries of deceased investors to step up efforts to claim such dividends the Securities and Exchange Commission (SEC) has further reduced the time, proce...

June 6, 2019 No Responses

Emerging Market Regulators Issue Recommendations On Sustainable Finance

Securities regulators from growth and emerging markets on Wednesday published a report that sets forth recommendations related to the development of sustainable finance in emerging markets and the role of securities regulators in this area. IOSCO´...

May 16, 2019 No Responses

MTN Nigeria Presents Financial Details At NSE, Secures Final Approval

MTN Nigeria Communications Plc has secured the requisite regulatory approval to list its shares on the floor of Nigerian Stock Exchange (NSE) Thursday, May 16th, 2019. The company is also expected to present its Facts Behind the figure on the...

April 5, 2019 No Responses

NSE Unveils Multi-Asset Brand Campaign

As part of efforts to boost investor education and increase investor participation in the Nigerian capital market, the Nigerian Stock Exchange (NSE) has flagged off an above the line marketing campaign that amplifies the Exchange’s credential as a leading se...

March 30, 2019 No Responses

14 Years After, Wema Bank Shareholders To Get Dividend

The Board and Management of Wema Bank Plc has concluded plans to reward ts shareholders with dividend, 14 years after the exercise was suspended due to various challenges. For the year ended December 31, 2018, the Bank’s gross earnings increased....

March 20, 2019 No Responses

Transcorp Hotels Shareholders Get 15k Dividend

Shareholders of Transcorp Hotels Plc, have commended the Company for its impressive financial results for the year ended December 31, 2018. The congratulatory remarks were made at the Company’s 5th Annual General Meeting, which took place at ...

March 9, 2019 No Responses

Emefiele And The Stakes At CBN

By Sufuyan Ojeifo – As the central bank and apex monetary authority of the country, the major regulatory objectives of the Central Bank of Nigeria (CBN) as mirrored in the institution’s enabling Act are to maintain the e...

February 15, 2019 No Responses

Federation Of Exchanges To Focus On Regulatory Coherence In 2019

The World Federation of Exchanges (WFE), the global industry group for exchanges has agreed its 2019 business priorities will focus on the following areas: regulatory coherence or market fragmentation; technology-related policy work on topics including in...

February 13, 2019 No Responses

Eterna Photo News

L – R shows Mr. Olumide Bolumole, Head, Listing Business Division, The Nigerian Stock Exchange (NSE) presenting a replica of the closing gong to Mr. Mahmud Tukur, Managing Director/CEO, Eterna Plc during a Closing Gong Ceremony to commemorate its 30th y...

February 4, 2019 No Responses

Emerging Market Regulators Consult On Sustainable Finance In Capital Markets

Securities regulators from growth and emerging markets are seeking public feedback on proposed recommendations related to the development of sustainable finance in capital markets and the role of securities regulators in this area. Already, IOSCO´s Grow...

January 30, 2019 No Responses

CBN Injects $210m Into Inter-Bank Market

In continuation of its periodic intervention in the foreign exchange market, the Central Bank of Nigeria (CBN) on Tuesday, January 29, 2019, injected another sum of $210 million into the inter-bank foreign exchange market. Figures released by the CBN on...