By Nkiruka Nnorom In preparation for its imminent demutualisation, the Nigerian Stock Exchange (NSE) has inaugurated a Claims Review Panel that will oversee the review and determination of claims made by individuals or entities in respect of any assertion of rights in the shares of the demutualised Exchange – Nigerian Exchange Group Plc, a Holding […]

The Nigerian Stock Exchange (NSE) resumed trading in 2021 on a bullish trend with the All-Share Index surpassing the 41,000 mark, as investors continued to position ahead of full year results and dividiend declaration. Specifically, the All-Share Index inched higher by 876.67 points or 2.18 per cent to close at 41,147.39 from 40,270.72 achieved on […]

The Nigerian Stock Exchange reopened trading on Tuesday after the  holidays to mark Christmas and Boxing Day celebrations with the All-Share Index crossing 39,000 mark. Specifically, the All-Share Index which opened at 38,800.01 inched higher by 310.16 points or 0.80 per cent to close at 39,110.17. Also, the market capitalisation rose by N167 billion to […]

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.

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 […]

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 […]

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.

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.

By Nkiruka Nnorom 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. They gave the approval yesterday at the 59th Annual General Meeting (AGM) of the Exchange. Demutualisation is a process that […]

The Nigerian Stock Exchange (NSE) on Wednesday recorded the first gain in the week, halting the negative trend following positive sentiments in Dangote Cement and Lafarge Africa. Consequently, the All-Share Index increased by 575.18 points or 1.68 per cent to close at 34,818.01 compared with 34,242.83 posted on Tuesday. Thus, month-to-date and year-to-date gains increased […]