Tag Archives: NSE

The Nigerian Stock Exchange (NSE) has announced the promotion of Ms Tinuade Awe to Executive Director, Regulation with effect from 1 January, 2018. Awe’s elevation which was made know on Monday to the investing public, has since received regulatory approval. As Executive Director, Regulation in the NSE’s revised organizational structure, Ms Awe has oversight functions for the following teams: Broker …

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The Securities and Exchange Commission (SEC) has announced that the e-dividend registration exeecise would continue seamlessly in spite of the expiration of the December 31st 2017 Free registration deadline. It would be recalled that the e-dividend Free Registration expired on December 31, 2017. Acting Director General of SEC, Dr. Abdul Zubair, who made the announcement at a press briefing Tuesday, …

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The Debt Management Office (DMO) Wednesday announced that it will list the $300 million Diaspora Bond and $3 billion Eurobonds on the Nigerian Stock Exchange and Financial Market Dealers Quotation Over-the-Counter (FMDQ OTC) Securities Exchange respectively today. The Diaspora Bond was issued in June while the $3 billion Eurobonds were issued in November at the International Capital Market (ICM). Both …

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Monetary and regulatory authorities in Nigeria have been enjoined to roll out policies that would bring down the inflation rate in the country as well as increase access to domestic funds in order to ensure that the economy attains further growth in 2018, adding that Nigeria is still an investor’s destination. The call was made by Senior Financial Sector Expert, …

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The Central Bank of Nigeria (CBN)  said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.  In a statement, the bank said it had released 100 million dollars earmarked for the wholesale market, 55 million dollars for small businesses and individuals, and 55 million dollars for certain dollar …

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Trading on the floor of the Financial Markets Dealers Quotations, FMDQ, securities exchange, in November saw turnover recording an increase of 21.92 percent to close the month at ₦14.85 trillion. Activities rise in the securities exchange for the month under consideration amounts to ₦2.67 trillion increase from the value recorded in October 2017. A further x-ray of trading in the month …

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Oando Plc has headed for the Court of Appeal in its bid to lift the technical suspension imposed on its shares on the floor of the Nigerian stock market by the Securities and Exchange Commission. The oil company had earlier approached the Federal High Court in Lagos to challenge SEC’s suspension of its shares and an audit of its business …

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To facilitate a more robust and deeper financial market, operators in the Nigerian capital market have urged the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to grant them single dealing license to access Discount Window. The operators are currently being regulated by the Securities and Exchange Commission and they are cut out of the Primary …

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Financial experts and other stakeholders in the nation’s capital market will gather on Saturday, December 9, at Orchid Hotels, Ajah, Lagos to discuss how to make the market contribute more to the growth of the economy. The forum is the annual workshop of   Capital Market Correspondents Association of Nigeria (CAMCAN) that is organised every year as part of the association’s efforts to contribute to the development of …

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Photo Caption:  The President, National Council of The Nigerian Stock Exchange (NSE), Mr Abimbola Ogunbanjo during a courtesy visit to President , Muhammadu Buhari, in Abuja.

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