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SEC seeks NASS’ support to boost govt companies’ listing

SEC seeks NASS’ support to boost govt companies’ listing

Uche Usim, Abuja, Chinwendu Obienyi, Lagos The Securities and Exchange Commission (SEC) has sought the full support and cooperation of the National Assembly to ensure that government-owned companies list on the Nigerian Stock Exchange (NSE). Its acting Director General, Ms. Mary Uduk, made the appeal in Abuja on Monday when members of the Senate Committee […]
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NSE gives shares, cash, computers to essay competition winners

NSE gives shares, cash, computers to essay competition winners

The Nigerian Stock Exchange (NSE) at the weekend rounded off its 2018 NSE Essay Competition with the presentation of shares, cash and computers to winners and their schools. Miss Deborah Lawrence of Good Shepherd School, Ajegunle Village, Atan-Ota, Ogun State, emerged the overall winner. Lawrence clinched the first position ahead of over 20,150 participants acrossRead More …

Unity Bank leads other stocks in NSE top gainers

Unity Bank leads other stocks in NSE top gainers

Omodele Adigun Although the benchmark index at the Nigerian Stock Exchange (NSE) closed in the red last week, Unity Bank Plc emerged as the best performing stock, appreciating by 30.99 per cent.  Market information from the NSE showed that the Unity Bank stock opened at N0.71 and closed at N0.93, representing an increase of N0.22. […]
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Nigeria raises $2.86bn in euro bonds

Nigeria raises $2.86bn in euro bonds

Uche Usim, Abuja The Federal Government on Wednesday announced it has raised $2.86 billion under its global medium term note programme.  The notes comprise a $1.18 billion seven-year series, $1 billion 12-year series and a $750 million 30-year series. The seven-year series will bear interest at a rate of 7.625 per cent, while the 12-year series will […]
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Training deal: CISI, NSE partnership boost for finance professionals in Africa

THE Chartered Institute for Securities & Investment (CISI) London has announced a new partnership with the Nigerian Stock Exchange (NSE) to provide trainings for CISI’s qualifications in Nigeria, under the auspices of X-Academy, the knowledge platform of the Exchange.
Continue reading Training deal: CISI, NSE partnership boost for finance professionals in Africa at Vanguard News Nigeria. …

SEC, NSE, others for PEARL Awards

SEC, NSE, others for PEARL Awards

The 2018 PEARL Awards will provide opportunities for capital market regulators and other key players in the economy to further interact on many developmental issues facing the capital market and the economy. Organisers of the Awards have confirmed that the event would be graced by the Acting Director-General, Securities & Exchange Commission, Ms. Mary Uduk,Read More …

Market indicators plunges 0.18% as bearish trends persist

Market indicators plunges 0.18% as bearish trends persist

Securities trading on the Nigerian Stock Exchange (NSE) again opened Monday on a negative note, as crucial market indices slipped further by 0.18 per cent with Diamond Bank emerging the most traded  equity on the activity chart. The All-Share Index dropped by 56.80 points or 0.18 per cent to close at 32, 143.41, compared with […]
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NSE: Foreign portfolio transactions rise by N208bn in Q3

NSE: Foreign portfolio transactions rise by N208bn in Q3

Chinwendu Obienyi Amidst heightened political tension in the Nigerian economy, the total transactions done by foreign investors on the floor of the Nigerian Stock Exchange(NSE) rose by 26.53 per cent or N207.85 billion in the third quarter (Q3) of 2018  to N991.2 billion compared with N783.34 billion recorded in the period of 2017. The proportion […]
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