NSE partners Vitapur to improve local content
The Nigerian Society of Engineers (NSE) has shown its commitment to collaborate with Vitapur Nigeria Limited to promote local content for sustainable development of the manufacturing sector in Nigeria. The company largely sources raw materials locally, but it’s operation is hampered by high tariff on the few imported materials. As part of Vitapur’s drive to […]
Concerns, as 6 companies dominate Nigeria’s stock market
At the backdrop of the recent bullish (trend in the) stock market, just six companies listed on the Nigerian Stock Exchange, NSE, now account for 71 percent of the market size, while a set of 15 accounts for about 90 percent of the market.
NSE committed to transparent market — Onyema
The Nigerian Stock Exchange (NSE) on Tuesday reaffirmed commitment to a well-regulated and transparent market through innovative technologies. Mr Oscar Onyema, NSE Chief Executive Officer, gave the assurance at a retail investor webinar organised by the Exchange and Money Africa themed “Understanding Stock Market Investing”, in Lagos. Onyema said that the Exchange would continue to […]
NSE resumes with 1.73% growth
The domestic equities market opened for the week on Monday on a positive note with the All-Share Index appreciating by 1.73 per cent, amid buying interest in Dangote Cement and 25 other stocks. Specifically, the index which opened at 34,250.74 rose by 592.70 points or 1.73 per cent to close at 34,843.44. Accordingly, month-to-date loss […]
SEC seeks more listings, products in capital market
The Securities and Exchange Commission (SEC) has said it is exploring various avenues to deepen the equities market by having more companies listed in the market and to increase the number of products in the market.
Dealers okay listing of NSE post-demutualisation
The dealing members of the Nigerian Stock Exchange (NSE) have approved the listing of the Nigerian Exchange Group Plc (NGXG) on the stock market once the demutualization of the NSE is completed.
