The Nigerian Stock Exchange (NSE) has concluded plans to celebrate this year’s Global Money Week across its offices nationwide. The week begins from Monday, March 25 and ends on Friday, March 29, 2019. The theme for this year’s celebration, ‘Learn. Save. Earn”, has been carefully selected to help children and youth learn about savings and […]
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Capital Market
Equities market depreciates marginally by 0.01%WoW, as Access Banks leads activity chart
The Nigerian Stock Exchange (NSE), market indicator, All-Share Index and Market Capitalisation depreciated by 0.01 per cent to close the week at 31,139.35 and N11.612 trillion respectively. During the seven day trading which was bearish save or Friday’s, a total turnover of 1.198 billion shares worth N12.273 billion in 18,293 deals were traded by investors […]
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FG Reiterates Its Commitment To Develop Capital Market
The Federal Government has reiterated its commitment to building a vibrant capital market that would contribute to the growth and development of the country. Minister of Finance, Zainab Ahmed, said this In Lagos Tuesday at the Maiden Awards Night of the Securities and Exchange Commission, SEC tagged ‘Committed Partnership’. According to Ahmed, Capital markets … Continue reading FG Reiterates Its Commitment To Develop Capital Market …
Access Bank records 58% profit growth in 2018
Access Bank Plc in its released audited financial results for the full year (FY) ended December 31, 2018 indicated an increase of 58 per cent in Profit after Tax (PAT) to N95 billion from N60.1 billion in the corresponding period of 2017. The bank’s audited result which was released to The Nigerian Stock Exchange (NSE) […]
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Local equities market sustains negative pull, sheds 2.45% WoW
The Nigerian Stock Exchange (NSE) over the seven-day trade continued a bearish run associated to profit taking and cautious trading by investors who await clear direction after the elections period. Specifically, All-share index (ASI) and market capitalisation depreciated by 2.45 per cent to close the week at 31,142.72 basis points and N11.614 trillion respectively, as […]
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NSE, GRI to host sustainability reporting workshop
The Nigerian Stock Exchange (NSE) in partnership with the Global Reporting Initiative (GRI), supported by UK aid, hosts a half-day workshop on sustainability reporting where the NSE Sustainability Disclosure Guidelines will be unveiled. The workshop, scheduled for Tuesday, March 19, at the Exchange House, will bring together C-level executives, Corporate Social Responsibility and Sustainability experts, […]
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Stanbic IBTC Holdings maintains strong liquidity, grows FY2018 PAT by 54%
Stanbic IBTC Holdings PLC, a member of Standard Bank Group has released its audited financial results for the financial year to 31 December 2018 to the Nigerian Stock Exchange, which showed a strong liquidity position. The results, released to the Exchange, showed the group grew its topline earnings for the financial year to N222.4 billion, […]
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Seplat post $746m revenue in 2018, as operating profit stands at $310m
SEPLAT Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company, for it’s 2018 full year financial result has posted a revenue of $746 million just as its operating profit stood at $310 million. Seplat, listed on both the Nigerian Stock Exchange and London Stock Exchange, in a statement announced its full year […]
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Government moves to boost capital market liquidity through savings
The Minister of Finance, Mrs. Zainab Ahmed, yesterday said the Federal Government would set up a committee to advise it on how best to mobilise savings to boost capital market liquidity. Addressing members of the Capital Market Master Plan Implementation Council (CAMMIC) in Abuja, she charged Nigerians on savings for the growth of the national […]
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NSE organises fixed income trading workshop for members
In line with its commitment to improve the capacity of its members and enhance investors’ participation in the Fixed Income Market, The Nigerian Stock Exchange (NSE) will today, Monday, March 4, holda Fixed Income Workshop at the Stock Exchange House. This workshop according to the local bourse ould bring together about 200 stockbrokers, dealing members […]
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