Tag Archives: NSE

Market Growth: SEC, NERDC signs MoU on introduction of Capital Market Studies The Securities and Exchange Commission (SEC) is set to achieve another milestone by infusing capital market studies (CMS) into schools curriculum with the signing of a Memorandum of Understanding (MoU) with the Nigerian Educational Research and Development Council (NERDC). This was done weekend at the Commission’s head office …

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Ashakacem board concludes voluntary delisting from NSE The Board of Directors of AshakaCem Plc has entered a resolution proposing to the shareholders of the Company, a Voluntary Delisting of the Company from the floor of the Nigerian Stock Exchange (NSE). The resolution will be presented to shareholders of AshakaCem for consideration at an Extraordinary General Meeting (EGM) scheduled to hold …

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  Sterling Bank Completes Temenos IT Transformation Project …Rolls out Core Banking Solution across 185 branches Software specialist for banking and finance, Temenos (SIX: TEMN), has announced that Sterling Bank Plc, has successfully gone live with Temenos UniversalSuite, just as it   simultaneously rolls out Temenos Core Banking Solution across 185 branches. The Geneva based software specialist in a statement made available …

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Manufacturers lost N500bn to CBN’s forex policy – MAN The Manufacturers Association of Nigeria on Thursday said Central Bank of Nigeria’s flexible exchange rate policy had culminated to N500bn loss for manufacturers. According to agency report, the Chairman, MAN, Apapa Branch, Mr. Babatunde Odunayo, made the assertion during the branch’s 45th Annual General Meeting in Lagos. He said that Letters of …

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African Securities Exchanges Association/CISI unite to promote professionalism, common certification standard in capital markets   The African Securities Exchanges Association (ASEA) and the Chartered Institute for Securities & Investment (CISI) have signed a Memorandum of Understanding (MoU) to provide an effective framework to develop a common certification programme across the 26 ASEA Member Exchanges. The aim of the partnership is …

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NDIC Decry Okereke Onyuike’s merger call with AMCON FRIDAY EKEOBA The management of Nigerian Deposit Insurance Corporation (NDIC) has decried the merger call by the erstwhile Director General of the Nigerian Stock Exchange (NSE), Prof Ndi Okereke-Onyuike. The NDIC said the organisation mandate and scope of operations are far beyond such narrow scope as was ignorantly painted by Okereke Onyuike, …

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