Trade Archives — Page 5 of 10 — City Business News

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 functions of the Securities...

April 12, 2018 No Responses

Oando: NSE Gets Two Letters From SEC In 48 Hours

Between April 9th and 11th 2018, the Nigerian Stock Exchange (NSE) received two letters from the Securities and Exchange Commission (SEC). The first letter dated April 9, 2018 directed NSE to lift the suspension placed on the shares of...

April 10, 2018 No Responses

Growing US Imports Threatened by Developing Trade War

Imports at major retail container ports in the US are expected to grow 5.8 percent in April, but could be threatened by a developing trade war between the US and China, the National Retail Federation said. “Tariffs are a tax on...

April 5, 2018 No Responses

LCCI Photo News

L-R: Director General, Lagos Chamber of Commerce and Industry (LCCI), Mr Muda Yusuf; Vice President, Ukrainian Chamber of Commerce and Industry, Sergii Svystil; President, LCCI, Mr Babatunde Paul Ruwase,FCA; Deputy Minister of Economic Development and Trade of...

March 29, 2018 No Responses

UK Car Production Drops In February

The number of cars made in Britain fell in February as domestic demand slumped by “double digit figures”, industry figures suggest. The Society of Motor Manufacturers and Traders (SMMT) said that 145,475 vehicles were built during the month –...

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 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...

March 8, 2018 No Responses

NSE Photo News

L – R; Eme Essien, Country Manager, International Finance Corporation (IFC); Bekeme Olowola, CEO CSR – In –Action; Fatima Bello-Ismail, Council Member, The Nigerian Stock Exchange (NSE); Oscar N. Onyema OON, CEO, NSE, Dame Abimbola Fashola, Chairman,...

March 8, 2018 No Responses

IOSCO Begins Consultation On Trading Venues, Volatility

The Board of the International Organization of Securities Commissions (IOSCO) is seeking feedback on its proposed recommendations to assist trading venues and regulatory authorities in the implementation of mechanisms to manage extreme volatility. Extreme vola...

March 1, 2018 No Responses

Reps To Probe Alleged Malpractice In Nigerian Capital Market

The House of Representatives on Wednesday resolved to investigate the alleged stagnation of some publicly-quoted companies, especially insurance firms listed on the Nigerian Stock Exchange (NSE). This followed a motion by Rep. Femi Fakeye (Osun-APC), who ex...

February 24, 2018 No Responses

TUC COMMUNIQUE ISSUED AT THE END OF NEC MEETING IN LAGOS

The National Executive Council (NEC) of the Trade Union Congress of Nigeria (TUC) held its meeting on Friday 23rd February, 2018 at the Lagos Airport Hotel, Ikeja, to deliberate on the state of the nation and the challenges confronting the...

February 22, 2018 No Responses

IOSCO to Tackle Conflicts of Interest in Equity Capital Raising Process

The Board of the International Organization of Securities Commissions (IOSCO) is proposing guidance to help its members address conflicts of interest and associated misconduct risks that may arise during the equity capital raising process. Conflicts of inte...

February 16, 2018 No Responses

SEC Stops Stock Exchange Sale to Investors

United States regulators killed politically-sensitive-sale of Chicago Stock Exchange to China-based investors. It said lack-of-information on the would-be-buyers threatened proper-monitor of the exchange after the deal, Media reports on Friday. The move by ...

February 12, 2018 No Responses

NSE market capitalisation drops by N136billion

Transactions on the Nigerian Stock Exchange (NSE) opened on Monday on depressed note with the market indices sliding by 0.90 per cent. At the end of transaction for the day, market capitalisation shed N136 billion or 0.90 per cent to...