Tag Archives: NSE

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 Plc. The Exchange in a …

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 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 a statement made available to …

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The Nigerian Stock Exchange (NSE) has said that it held a clean-up programme to commemorate the 2018 World Environment Day, in collaboration with RecyclePoints and the Cleaner Lagos Initiative of the Lagos State Government, on Tuesday June 5, 2018. In line with the theme for this year’s celebration, “Beat Plastic Pollution”, NSE clean-up programme was designed to clear its immediate …

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Wema Bank Plc has said that it will soon return to trajectory of dividend payment even as it appealed for understanding over the inability of the bank to propose a dividend in the last couples of years. The assurance and appeal was made by the Managing Director Mr Segun Oloketuyi, while responding to question at the bank Annual General Meeting …

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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 is to recognise, celebrate and …

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…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. Trouble yesterday started when the …

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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 Nigeria in 1970.The villages are …

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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 group of issuers that meet …

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Trading on the Nigerian Stock Exchange ended in the red on Monday after President Muhammadu Buhari announced his re-election bid with large companies ending up as top losers. Unilever, Lafarge, Dangote Cement, Guinness and Dangote Flour were the top five losers on the market. Market capitalisation, which opened at N14.753 trillion, shed N150 billion to close at N14.603 trillion. Also, the …

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Equity transactions on the Nigerian Stock Exchange (NSE) for the month of March recorded a total of 10.166 billion shares valued at N136.241 billion in 103,441 deals, representing a 14.88% drop in volume terms and 28.49% rise in value when compared to the preceding month of February. The financial services sector accounted for 5.74 billion units worth N54.064 billion, buoyed …

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