Nigerian-Stock-Exchange

NSE Suspends Trading In Shares Of Six Nigerian Companies

The Nigerian Stock Exchange (NSE) on Monday suspended trading in the shares of six listed companies. The companies were suspended after they failed to file details of their accounts to the Exchange as stipulated by market regulations. The six companies are DN Tyre & Rubber Plc, FTN Cocoa Processors Plc, International Energy Insurance Plc, Thomas […]

Nigerian-Stock-Exchange

NSE Proposes Rules To Facilitate Listing Of Green Bonds

As Green Bond issuance set to gain traction in the country, the Nigerian Stock Exchange (NSE) is proposing a set of rules that will guide the listing of those bonds on the exchange. Green bonds are special bonds issued to finance or re-finance in part or in full new and existing eligible environmental or climate […]

10 Stockbroking Firms Trade N1.4trn Shares On NSE In Nine Months

Stanbic IBTC Stockbrokers Limited maintained its lead on the stockbrokers’ performance chart as 10 firms facilitated the trading of N1.374 trillion on the Nigerian Stock Exchange (NSE) between January and September 30, 2018. Stanbic IBTC Stockbrokers had handled the highest transaction in the eight months to August 2018, when 10 broking firms accounted for N1.080 […]

NSE Retains ISO 27001:2013 Certification

The Nigerian Stock Exchange (NSE) said it has retained the ISO 27001:2013 certification for its Information Security Management System (ISMS) for the third year consecutively. The re-certification followed a rigorous independent audit of NSE’s Information Security Management System (ISMS) by the British Standard Institute (BSI), to ensure that the principles of the International Organization for […]

SEC

CMC Extends Multiple Subscription Deadline To December 31, 2018

Ag. Director General of the Securities and Exchange Commission (SEC), Ms. Mary Uduk has enjoined investors in the capital market that bought shares with different names to regularise their accounts in order to get the benefit of their investments. This is even as the Capital Market Committee (CMC) has extended the forbearance period to December […]

SEC

CIS Pledges To Work With SEC On Capital Market Studies

The Chartered Institute of Stockbrokers (CIS) has pledged to work with the Securities and Exchange Commission (SEC) in its desire to infuse Capital Market Studies (CMS) into the curriculum of schools in the country. Already, the apex regulator of the Nigerian capital market, is developing a curriculum on capital market studies as part of the […]

NSE Suspends Trading On Cornerstone, Royal Insurance 6 Other Companies’ Shares

For failing to file their accounts and results to the Nigerian Stock Exchange (NSE), Cornerstone Insurance and seven others have been suspended from trading. The seven others are Royal Exchange Insurance Plc, African Alliance Insurance Plc and R. T. Briscoe Plc, STACO Insurance Plc, Standard Alliance Insurance Plc, Universal Insurance Company Plc and Veritas Kapital Assurance […]

NSE

NSE Reviews Equities Market Structure to Improve Liquidity and Participation

 The Nigerian Stock Exchange (The Exchange or NSE) has reviewed its Equities Market Structure, which shall become effective on Monday, July 2, 2018. The new Market Structure will create a level playing field for all market participants and enable investors deploy broader trading strategies, enjoy best execution and benefit from enhanced market depth. According to […]