nigerian stock exchange news

  1. Nigeria Business News

    Business MTN Nigeria overtakes Dangote Cement on NSE, attains highest market cap – Nairametrics

    Three months after MTN Nigeria debuted on the Nigerian Stock Exchange (NSE), the telecommunications company has leapt pass Dangote Cement to become the most capitalised company on the NSE. It took MTN Nigeria three months to surpass Dangote Cement which had been the … Read more via...
  2. Nigeria Business News

    Business Bargain-hunting in MTN, others, lift NSE fortunes by N14b – The Guardian Nigeria News

    Transactions on the floor of the Nigerian Stock Exchange (NSE), reopened upbeat in the first trading day of August, occasioned by bargain-hunting in the shares of some blue chips, especially MTN Nigeria, NASCON Allied Industries (NASCON), as … Read more via The Guardian Nigeria News – Nigeria...
  3. Nigeria Business News

    Business Former NCC Chief, Ernest Ndukwe, Replaces Pascal Dozie as MTN Chairman –

    Ernest Ndukwe, former chairman of the Nigerian Communications Commission (NCC), has been appointed as the chairman of MTN Nigeria. In a notice sent to the Nigerian Stock Exchange (NSE) on Wednesday, the telecoms giant announced that Pascal Dozie will hand over as chairman in September and...
  4. Nigeria Business News

    Business Airtel Enters Nigerian Stock Market – Thisdaylive

    The Nigerian stock market is to witness the listing of Africa’s second largest telecommunications firm, Airtel Africa Plc, after the on-going Initial public offering and listing on the London Stock Exchange, writes Goddy Egene The Nigerian Stock Exchange (NSE) will soon witness the listing of...
  5. Nigeria Business News

    Business Julius Berger gets new Non-Executive Director – Nairametrics

    During a meeting on June 19th, 2019, the Board of Directors of Julius Berger Nigeria Plc announced the appointment of Engineer Goni Musa Sheikh as a Non-Executive Director of the construction firm.... Read more via Nairametrics – Get more: Nigeria Business News
  6. Nigeria Business News

    Business M.K.O Abiola: From bank clerk to multi-millionaire CEO and national icon – Nairametrics

    Moshood Abiola Kashimawo (24 August 1937–7 July 1998) is one of the few Nigerian nationalists who, during their lifetime and death, need no introduction. He became a household name after establishing and... Read more via Nairametrics – Get more: Nigeria Business News
  7. Nigeria Business News

    Business Investors Lose N98 Billion At Nigerian Stock Exchange – Sahara Reporters

    The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday continued in a losing streak, dropping by N98 billion. The News Agency of Nigeria (NAN) reports that the market capitalisation which opened at N13.354 trillion shed N98 billion … Read more via Sahara Reporters –...
  8. Nigeria Business News

    Business See the top 10 stockbroking firms on the NSE as of May 31st, 2019 – Nairametrics

    About 55.31 percent of the total shares traded on the Nigerian Stock Exchange (NSE) between January May 2019, was carried out by 10 stockbroking companies. The stockbrokers traded about 39.09 billion units of shares, valued at N537.966 billion. The Broker Performance Report by the NSE for the...
  9. Nigeria Business News

    Business MTN Nigeria Records 80% Rise In Profit – Leadership Newspaper

    The board of MTN Nigeria, has presented its audited financials for the year ended December 31, 2018, two weeks after its listing on the premium board of the Nigerian Stock Exchange (NSE), posting an increase of 80 per cent in its net profit. Profit – after … Read more via Leadership Newspaper...
  10. Nigeria Business News

    Business MTN Nigeria’s Listing Boosts Equities Market By N2.7trn In May – Leadership Newspaper

    The MTN Nigeria listing on the Nigerian Stock Exchange (NSE) lifted the capitalisation of equites market by N2.726 trillion in May. The equities market recorded 6.55 per cent gain in May to be the highest monthly performance in the year. In January, the equities market declined … Read more...
  11. Nigeria Business News

    Business Nigerian Stock Exchange delivers biggest single jump in 2019 – Nairametrics

    The Nigerian Stock Exchange had its biggest daily rise so far in 2019 today. The All Share Index closed at 31,307.00 basis points, up 3.68%. Year to date however, the index remains in the red, down 0.39%. Top Gainers: Ecobank Transnational Inc was the best performing stock today. The stock …...
  12. Nigeria Metro News

    Metro EFCC ‘probes’ MTN Nigeria listing amid price manipulation claims – Newtelegraph

    MTN Nigeria on Saturday said that it was being investigated by the Economic and Financial Crimes Commission (EFCC) over the listing of its shares on the Nigerian Stock Exchange (NSE). A statement posted on the exchange web site signed by MTN Nigeria Communications, Company Secretary, Uto …...
  13. Nigeria Business News

    Business NSE: MTN Nigeria records first loss after listing, amid profit taking – Premium Times Nigeria

    MTN Nigeria Communications on Friday recorded its first price loss on the Nigerian Stock Exchange (NSE) after listing on May 16. The News Agency of Nigeria (NAN) reports that the stock dipped N9 to close at N140 per share following profit taking. MTN Nigeria on May 16 … Read more via...
  14. Nigeria Business News

    Business After 18 years, MTN lists on NSE — adds N1.83trn to market cap – TheCable

    MTN Nigeria has finally been listed on the Nigerian Stock Exchange. The telecommunications giant was listed on the industries sector of the national bourse, 18-years after its first investor call was made by Pascal Dozie, the brain behind the Diamond Bank. “Our MTN Chairman & CEO have been...
  15. Nigeria Business News

    Business How Jumia’s planned listing on New York Stock Exchange is strategic for MTN, Rocket Internet – Techpoint.Africa

    The possible reasons why the owners of Jumia are considering the New York Stock Exchange for its IPO instead of an African alternative..... Read more via Techpoint.Africa – Get more: Nigeria Business News
  16. Nigeria Business News

    Business Diamond Bank’s Shares Gain 56.92% – Leadership Newspaper

    Diamond Bank Plc shares topped the gainers table on the Nigerian Stock Exchange (NSE) by 56.92 per cent, last week. The bank which opened trading at the beginning of the week at 65 kobo, rose by 56.92 per cent to close trading on Friday, December 7, 2018 at … Read more via Leadership...
  17. Nigeria Business News

    Business Nigeria’s infrastructure deficit to hit $878bn by 2040 — SEC – Vanguard News Nigeria

    The Securities and Exchange Commission, SEC, said yesterday that the country’s infrastructure deficit would hit 878 billion dollars by 2040 and called for active utilisation of green bond for infrastructural gap. Nigerian Stock Exchange NSE Ms. Mary Uduk, SEC Acting Director-General, said this...
  18. curator

    Business Here’s why the Nigerian Stock Exchange’s planned e-IPO platform is important – Ventures Africa

    The President of the Nigerian Stock Exchange (NSE) has said that plans for the automation and introduction of e-IPO in the bourse are still ongoing. The President of the NSE, Mr Abimbola Ogunbanjo made this known during the 22nd Chartered Institute of Stockbrokers, CIS, Conference themed...
  19. curator

    Business Bears emerge as index drops by 0.3% amid investors’ apathy – The Guardian Nigeria Newspaper

    The volatile pattern of the market, occasioned by the ongoing anxiety in Nigeria’s political environment has continued to drive cautious trading by investors on the Nigerian Stock Exchange (NSE), as the All-share index depreciates by 0.3% yesterday. Last … Read more via The Guardian Nigeria...
  20. curator

    Business Stock market index dips by 2.89% in five trading days – The Guardian Nigeria Newspaper

    At the end of last week’s trading, the NSE All-Share Index depreciated by 2.89 per cent, while the market capitalisation dipped by 2.86 per cent to close at 35,446.47 points and N12.941 trillion respectively. Similarly, all other indices finished lower … Read more via The Guardian Nigeria...