Stock Market – Page 19 – City Business News

April 24, 2018 No Responses

NSE Signs Corporate Recycling MoU with RecyclePoints Limited

The Nigerian Stock Exchange (NSE) has signed a Memorandum of Understanding (MoU) with RecyclePoints Limited for the collection and recycling of waste materials generated at The Exchange’s offices. According to NSE, this initiative is also a demonstration of the...

April 23, 2018 No Responses

Nigeria’s External Reserves Hit $47.93b, Explains 17m Tax Payers’ Base

Nigeria’s Minister of Finance, Mrs. Kemi Adeosun and the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, explained on Sunday that the country’s positive growth outlook would be sustained. The Minister and the CBN Governor gave this as...

April 21, 2018 No Responses

Nigerian Appoints Committee On e-IPO

Nigeria is to adopt Electronic IPOs (e-IPO). Already, a committee comprising of the Securities and Exchange Commission (SEC), Nigeria Stock Exchange (NSE), Association of Issuing Houses of Nigeria (AIHN), Association of Stock Brokers (ASHON), Central Securitie...

April 16, 2018 No Responses

Oando Shareholders Seek Adeosun’s Sack Over Alleged Interference

Shareholders of Oando Plc, at the weekend urged President Muhammadu Buhari to immediately sack the Minister of Finance, Mrs. Kemi Adeosun over alleged “unwholesome interference” in the nation’s capital market and “for unnecessarily meddling” with the...

April 16, 2018 No Responses

SEC Holds First CMC Meeting In 2018

The Securities and Exchange Commission (SEC) is set to host the First Capital Market Committee (CMC) meeting for 2018. The meeting is scheduled to hold in Lagos from Thursday April 19 to Friday April 20, 2018 at the Federal Palace...

April 13, 2018 No Responses

NSE To Migrate Access Bank, UBA, Others To Premium Board

The Nigerian Stock Exchange (NSE) on Thursday announced plans to migrate Access Bank, Lafarge Africa, Seplat and United Bank for Africa (UBA) Plc to its Premium Board The NSE said in Lagos the four companies would be migrated to...

April 5, 2018 No Responses

Monetary Policy Committee Retains Lending Rate At 14%

The Monetary Policy Committee (MPC) has once again retained the Monetary Policy Rate at 14 per cent due to persistent uncertain economic conditions and high inflation. The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele said this while briefing...

March 30, 2018 No Responses

Between Family Firms, Listing And Capital Markets

The World Federation of Exchange (WFE) has published a report into family businesses, investigating the opportunities and challenges for family firms when considering public equity as a source of funding. The report – entitled ‘Family Firms ...

March 28, 2018 No Responses

Banks Boost Financial Inclusion With 500,000 Agent Networks

In collaboration with the Central Bank of Nigeria (CBN), the licenced mobile money operators and the super agents, Commercial banks in Nigeria on Tuesday disclosed plan to roll-out 500,000 agent networks. According to the Banks, the development is designed to....

March 23, 2018 No Responses

Trade War Looms As Trump Announces Tariffs on Chinese imports

The US plans to impose tariffs on up to $60bn (£42.5bn) in Chinese imports and limit the country’s investment in the US in retaliation for years of alleged intellectual property theft. The White House said the actions were necessary to...

March 17, 2018 No Responses

NSE Celebrates Global Money Week

The Nigerian Stock Exchange (NSE) is pleased to announce that it commemorated the 2018 Global Money Week themed, Money Matters Matter, between Monday, March 12, 2018 and Friday, March 16, 2018, with a series of educational programs aimed at teaching...

March 14, 2018 No Responses

Investors Stake N2.2B On Zenith Bank Shares

Transactions on the floor of Nigerian Stock Exchange (NSE) on Tuesday closed on a positive note as market capitalization capitalisation increased by N6 billion or 0.04 per cent to close at N15.408 trillion compared with the N15.402 trillion recorded on...

March 13, 2018 No Responses

Financial Fraud: Group Seeks Protection For Ageing Investors

The Board of the International Organization of Securities Commissions on Monday published a report that examines the growing vulnerability of ageing investors to financial fraud and other risks and identifies sound practices for enhancing their protection. T...

March 13, 2018 No Responses

NSE Market Capitalisation Drops By N105B

Trading on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a drop of 0.26 per cent due to price depreciation of some blue chips. The All-Share Index dipped 111.35 points or 0.26 per cent to close...