nigerian stock exchange

At the end of week’s trading today, 40 companies appreciated in price compared to 32 companies that recorded price depreciation, while the price of 100 companies remained unchanged. Banking hall Banking stocks recorded the highest price increase as a total of seven banks emerged in the top 10...

Price of Some blue chips on the Nigerian Stock Exchange (NSE) on Friday rallied with GT Bank hitting all-time high of N54.71 per share. The News Agency of Nigeria (NAN) reports that the bank topped the gainers’ chart with a gain of N2.60 to close higher at N54.71 per share. … via Vanguard...

Tinuade Awe, Executive Director, Nigerian Stock Exchange The Nigerian Stock Exchange (“Exchange” or “NSE”) announced today the promotion of Ms Tinuade Awe to Executive Director, Regulation with effect from 1 January, 2018. Her appointment has received regulatory approval. As Executive Director...

Stock market hits 9year high as investors gain N1.7tr in 8days ON JANUARY 12, 2018 By Peter Egwuatu The Nigeria Stock Exchange, NSE yesterday continued its record breaking performance with total market capitalisation rising by N437 billion, thus extending investors gain to N1.7 trillion in the...

By Emeka Okonkwo Abuja — Nigeria’s Lagos Stock Exchange (NSE) outshone the South African and Kenyan bourses over the past year in a development analysts attributed to political tensions in the latter two countries. The Lagos all-share index (NSEASI) was among the best performing indices globally...

The Securities and Exchange Commission (SEC) has directed the Nigerian Stock Exchange (NSE) to suspend trading in the shares of indigenous energy firm, Oando Plc. A statement on NSE’s website said the exchange is to implement a full suspension in the trading of the security, effective for 48...

The Nigerian Stock Exchange, NSE, Friday suspended investors on the equities of 17 companies listed till further notice for failure to comply with the regulatory provisions of the law on corporate governance and extant post-listing guidelines. The affected companies include - African Alliance...

Julius Berger Nigeria Plc stated its intention of diversifying into oil and gas industry. This development is coming as the Federal government in September 2016 signed a $5.1 billion contract with the China Civil Engineering Construction Corporation (CCECC) for construction and rehabilitation...

The Managing Director/Chief Executive Officer of the Nigerian Aviation Handling Company Plc, Nahco Aviance, Nobert Bielderman, has submitted his letter of resignation. A notice posted to the Nigerian Stock Exchange, NSE, on Thursday morning said Mr. Bielderman would formally disengage from the...

The Chairman of AshakaCem Plc, Mallam Suleiman Yahyah has tendered his resignation from the company. The company's secretary, Zainab Silas-Umaru (Ms) made this known in statement posted on the Nigerian Stock Exchange on Thursday. “In line with the listing requirements of the Nigerian Stock...

The Managing Director of Nigerian Breweries, Nicholaas Vervelde, has resigned. The company made the announcement via the Nigerian Stock Exchange website on Thursday that Mr. Vervelde would take up a new role within the Heineken group outside Nigeria. “In anticipation of that and preparation to...

NIPCO Investments Limited has completed the acquisition of ExxonMobil Oil Corporation’s stake in Mobil Oil Nigeria Plc following the approval by the Securities and Exchange Commission, SEC, and the Nigerian Stock Exchange, NSE. The deal, accorded one of the biggest in the downstream sector in...

The board of Directors of Lafarge Africa Plc has announced the resignation of Mrs. Adepeju Adebajo as an Executive Director. The company in a statement signed by its secretary, Uzoma Uja said Mrs. Adebajo's resignation is in compliance with the listing Rules of the Nigerian Stock Exchange...

Equities market on the Nigerian Stock Exchange Thursday closed negative extending 2-day report as All Shares Index depreciated by 1.40% to close at 24,829.59 basis points, as against 0.58% depreciation recorded on Wednesday. DEALS: 2,899.00 VOLUME: 186,004,836.00 VALUE: 1,749,021,508.45 CAP...

Leading cement manufacturer, Dangote Cement Plc, has recorded an increased revenue of profit by 3 percent for the full year ended 31st December 2016 at N186.6 billion from N181.3 billion, the Company’s financial report released on Tuesday at the Nigerian Stock Exchange indicated. The Group’s...

Nigeria's US$1 billion Eurobond was 780 per cent oversubscribed, demonstrating a strong market appetite for Nigeria The federal government on Thursday revealed that the newly established US$1 billion Global Medium Term Note programme will bear interest at a rate of 7.875 per cent to mature on...

MTN Group Ltd. may put off plans to list its Nigerian operation until 2018 as Africa’s largest wireless carrier works to resolve a regulatory dispute and awaits an economic recovery in the continent’s most populous country. MTN had agreed to list the unit in Nigeria as part of the settlement of...

Access Bank Plc has appointed Dr. Gregory Ovie Jobome as the bank’s Executive Director, Risk Management Division. Jobome has been serving as Access Bank’s General Manager and Chief Risk Officer since July 2010. He has over 25 years’ working experience. He previously worked as a Risk Management...

Usman Arabi Bello has been appointed as the new Chairman of Nigerian Aviation Handling Company (Nahco aviance) Bello effectively takes over from the Vice Chairman, Dennis Hasdenteufel who had been acting in that position since October last year. In a statement by the Company, Bello emerged...

Nigerian stock exchange has released 2016 dividends and bonuses declared by listed companies as at Sep 5, 2016. See more: NSE