Stock Market Archives — Page 29 of 38

March 8, 2017 No Responses

NSE Photo News

L – R: Dayo Obisan, Managing Director, Greenwich Asset Management Limited; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Kayode Falowo, Group Managing Director, Greenwich Trust Limited at the listing of Greenwich Plus Money Market Fund...

March 7, 2017 No Responses

CBN offers additional $367 Million to ease FOREX crisis

As part of measures to tackle Nigeria’s Foreign Exchange (FOREX) crisis, the Central Bank of Nigeria (CBN) on Monday carried out another round of retail interventions in the interbank FOREX market by providing $367,134,329.93 to meet the forward requests of....

March 6, 2017 No Responses

Process BTA, PTA in 24 hours, CBN tells Banks, Dealers

To curtail speculations and facilitate prompt assistance to genuine foreign exchange (FOREX) customers, the Central Bank of Nigeria (CBN) has directed banks to henceforth ensure that all applications for Basic/Personal Travel Allowance (BTA/PTA) are processed ...

March 3, 2017 No Responses

NSE Photo News

L – R shows Monday Usaide, Head, Market Development Department, Debt Management Office (DMO); Ade Bajomo, Executive Director, Market Operations and Technology, The Nigerian Stock Exchange (NSE); Abraham Nwankwo, Director General, DMO; Oladele Afolabi, Direct...

March 2, 2017 No Responses

NSE partners DMO, lists $1Billion FGN Eurobonds

The Nigerian Stock Exchange (NSE) will on Thursday, March 2, 2017, list $1 billion Federal Government (FGN) Eurobond issued under Nigeria’s newly established Global Medium Term Note programme. The 15-year domestic Sovereign Eurobond priced at par and at a co...

February 22, 2017 No Responses

NSE lists Forte Oil’s N9B Bond

The Nigerian Stock Exchange (NSE) has listed N9billion bond for Forte Oil as part of the planned N50 billion bond issuance programme for the leading energy company. Under the arrangement, proceeds of the N9 Billion Series 1, five year bond...

February 21, 2017 No Responses

CBN announces new foreign exchange policy

The Central Bank of Nigeria (CBN) has unveiled a new foreign exchange policy with immediate effect. According to the CBN, in order to ease the difficulties encountered by Nigerians in obtaining funds for foreign exchange transactions, it would henceforth be...

February 20, 2017 No Responses

PwC survey predicts distruption of Nigeria’s financial service sector

Nigerian Retail banking and Payments sectors will be the most disrupted by a group of new companies building financial technology (FinTech) solutions, PwC’s Nigeria FinTech Survey 2017 report has predicted. According to PwC, the report is the result of insig...

January 28, 2017 6 Responses

NSE Photo News

L – R Shows Willie Sam Ndata, Doyen of Stockbrokers; Olunseyi Abe, President, Chartered Institute of Stockbrokers (CIS); Pai Gamde, Acting of Corporate Services Division, The Nigerian Stock Exchange (NSE); Oscar N. Onyema, OON, Chief Executive Officer, NSE; ...

January 23, 2017 No Responses

Exchange rate tops agenda as MPC holds first meeting in 2017

Foreign exchange crisis will top the agenda Monday and and Tuesday as the Central Bank of Nigeria’s Monetary Policy Committee (MPC) holds its first meeting in 2017. Members of the committee are also expected to come up with more measures...

January 13, 2017 No Responses

NSE Photo News

R: Pai Gamde, Acting Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Tinuade Awe, General Counsel & Head, Regulation, NSE; Oscar N. Onyema, OON, Chief Executive Officer, NSE; and Adeolu Bajomo, Executive Director, Market Operations &a...

January 4, 2017 No Responses

Presco, Conoil, others join NSE 30 index

Presco Plc, quoted in the agricultural sector of the Nigerian Stock Exchange (NSE) has been admitted into the NSE 30 index. The development, which is based on the NSE bi-annual review, became operational, January 3, 2017. Also included in the...

December 23, 2016 No Responses

African capital market players seek more innovations, education

A summary of the key themes and issues from the recent African Securities Exchanges Association (ASEA) Annual Conference held in Rwanda at the Kigali Serena Hotel. The conference, hosted by the Rwanda Stock Exchange (RSE) with the theme ‘Road to...

December 23, 2016 No Responses

NSE Photo News

L – R shows Olumide Orojimi, Head, Corporate Communications, The Nigerian Stock Exchange (NSE); Boluwatiwi Omidiji, CSR Analyst, NSE; Favour Femi-Oyewole, Head, Information Security, NSE; Michael A. Sunbola, Founder/President, Lagos Food Bank Initiative; E...