Trade – Page 6 – City Business News

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, Learn NGO/Ella Care...

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...

February 6, 2018 No Responses

CBN injects $210m into foreign exchange market

Central Bank of Nigeria (CBN) has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure availability and meet customers’ requests in various segments of the market. Giving a breakdown of the amount, the acting Director, Corporate...

January 31, 2018 No Responses

NSE market capitalisation consolidates growth with N67billion

Activities on the Nigerian Stock Exchange (NSE) on Tuesday sustained bullish trend with market indicators growing further by 0.42 per cent. The News Agency of Nigeria (NAN) reports that market capitalisation increased by N67 billion or 0.42 per cent...

January 30, 2018 No Responses

Oando: Shareholders reiterate call for forensic audit

As Nigerians and the international community await the outcome of the proposed forensic audit on Oando Plc, more shareholders have advised the emir of Kano, Muhammadu Sanusi, to desist from interfering in ongoing efforts to unravel the root causes of...

January 30, 2018 No Responses

NSE Photo News

L – R shows Mr. Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Ms. Darcy Zotter, Public Affairs Officer, United State Consulate General Lagos; Oscar N. Onyema, OON, Chief Executive Officer, NSE; Mr. John Bray, US Cons...

January 12, 2018 No Responses

7UP shareholders approve Affelka’s acquisition of 26.8 per cent stake

Seven-Up Bottling Company Plc shareholders on Thursday approved the Scheme of Arrangement for the acquisition of 26.8 per cent shares by Affelka South Africa. The shareholders gave the approval at the Court-Ordered meeting convened at the instance of the Fed...

January 10, 2018 No Responses

World Bank: Nigeria’s economy to grow by 2.5% in 2018

The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 per cent in 2018, as the country benefits from improved commodity prices, investments and trade. According to the World Bank’s January 2018 Global Economic...

December 16, 2017 No Responses

NSE Photo News

L – R shows Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE) presenting a replica of the gong to Annabelle Degroot, Managing Director, International Breweries Plc during the Closing Gong Ceremony at the Exchange in Lagos.