• Telco unveils $1b divestment plan as revenue hits N965b Africa’s telecoms giant, MTN Group, yesterday said it would list on the Nigerian Stock Exchange (NSE) in the first half of this year. This is coming on the heels of its recording very positive trade numbers in the 2018 fiscal year. MTN Group’s balance sheet […] …
Stock Exchange
Analysts foresee bearish trend this week as investors take short term position
AHEAD of the presidential election this month, analysts have predicted a continuous bearish trend in the equity market on the Nigerian Stock Exchange, NSE, this week as investors continue to take short term position on equities with good fundamentals.
Continue reading Analysts foresee bearish trend this week as investors take short term position at Vanguard News Nigeria. …
NSE task shareholders to query directors over financial impropriety
NSE All-Share Index up 0.45% despite technical obstructions
NEM Insurance, Resort Savings record worst performance in bearish market
DESPITE the bullish trend which persisted in the last two trading days on the Nigerian Stock Exchange, NSE leading to a halt of persistent decline since the beginning of the year, NEM Insurance Plc and Resort Savings & Loans Plc recorded the worst performance last week.
Continue reading NEM Insurance, Resort Savings record worst performance in bearish market at Vanguard News Nigeria. …
Stock Exchange lifts suspension on Resort Savings & Loans
•Posts N44m loss The Nigerian Stock Exchange (NSE) has lifted suspension on trading in the shares of Resort Savings & Loans Plc, after the mortgage banker submitted its relevant financial statements to the Exchange. The NSE had on July 5, 2017 suspended trading in shares of Resort Savings and 16 other companies for failing to […] …
Operators blame govt, politicians over N1.9trn investors’ loss in stock market
NSE reviews composition of market Indices
Stock Exchange demotes Diamond Bank, NEM, Continental Re
Authorities at the Nigerian Stock Exchange (NSE) have removed Diamond Bank Plc, NEM Insurance Plc and Continental Reinsurance Plc from its high-ranking corporate governance index. In a statement yesterday, the NSE stated that the companies would cease to be on its Corporate Governance Index (NSE CGI) with effect from today, January 1, 2019. The Exchange […] …
