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 […]

NSE

NSE Receives “Award For CSR In Education”

The Nigerian Stock Exchange (NSE) has said that it has received the 2018 award for “CSR in Education” from Lagos Chamber of Commerce & Industry (LCCI) on Tuesday, May 1, 2018 at the Oriental Hotel, Victoria Island, Lagos. According the Director of Advocacy & Research, LCCI, Dr. Vincent Nwani, “the objective of the annual awards […]

UPROAR AT FCMB AGM

FCMB’s Shareholders Disagreement Over Audit Committee Election, Gift Items Distraught AGM

…As Shareholders Approves 10 kobo Dividend …Improves 2018 First Quarter Earnings  Controversies on Friday trails the 5th Annual General Meeting of First City Monument Bank Plc as Shareholders sharp disagreement which lasted for 45 minutes over election into the Audit Committee of the bank and non-receipt of gift items brought the meeting to a halt. […]

OLUMIDE

NSE Employees Donates To SOS Children’s Village

As part of its Employee Give-Back Drive, during the last Easter celebrations, employees of The Nigerian Stock Exchange (“NSE” or “Exchange”) came together to donate money to fund medical bills for 10 children in SOS Children’s Village, Lagos, an initiative which aligns with the Exchange’s Corporate Social Responsibility strategy. The SOS Children’s Village was established in […]

NSE

NSE Migrates Access Bank, UBA, Seplat and Lafarge To Premium Board

The Nigerian Stock Exchange (NSE) on Monday April 16, 2018, migrated Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank for Africa Plc to its Premium Board, sequel to them applying and meeting the Exchange’s listing requirements for the board. The Premium Board is the listing segment for the elite […]