NSE wins Employer of Choice award for the 2nd consecutive year
THE Nigerian Stock Exchange, NSE has s won for the second consecutive year, the Employer of Choice Award, 2016, in the “Under 1,000 Employees” category.
Drop in oil price hits NSE market as capitalisation drops by N164bn
Trading activities on the Nigerian Stock Exchange (NSE) for the second consecutive day maintained a downward trend with the market capitalisation losing N164 billion.
‘Weak Q1 earnings anticipated in consumer goods sector’
Consumer goods companies listed on the Nigerian Stock Exchange, NSE, may likely post weak earnings in the first quarter of 2014, a research report by CardinalStone Partners, has shown.
Brokers to NSE: Enforce directive on financial statement submission
There is increasing dissatisfaction among the stockbroking community over the failure of the Nigerian Stock Exchange, NSE, to begin implementation of the directive to quoted companies that statement of accounts should not be submitted separately from interim corporate action for a given accounting period.
NSE lists benefits of corporate governance rating
The newly introduced Corporate Governance Rating System, CGRS, will raise attractiveness of quoted companies for cross-border listings as they are more likely to meet the listing requirements of target markets, says Oscar Onyema, Chief Executive Officer of the Nigerian Stock Exchange, NSE.
Investors stake N3.91bn on 32.76m shares on NSE
The volume of shares traded on the Nigerian Stock Exchange (NSE) on Tuesday increased by 32.76 per cent, as investors staked N3.91 billion on 562.44 million shares in 3,710 deals.
Revitalise agric sector —NSE
Nigerian Society of Engineers, NSE, has called for urgent revitalisation of the nation’s agriculture sector.
Stock market capitalisation records 26.6% growth, hits N11.533trn
•Say it will affect market performance in 2nd half…
The positive sentiment at the Nigerian stock market at the beginning of the year has continued to impact on performance of the market which has recorded a 26 per cent growth in the last eight months. The market indicators, which are the barometer of the health of the financial market, as at the end of third quarter of 2013 showed that share prices of most of the companies listed in the exchange have risen by 26.6 per cent.
Berger Paints pledges to enhance shareholders’ value
Berger Paints Nigeria Plc has pledged to enhance shareholders’ value as it commenced fresh capital injection in a bid to reposition the company.
NSE boss harps on integration of African stock exchanges
The Chief Executive Officer of the Nigerian Stock Exchange, NSE, Mr. Oscar Onyema, has called for collaborative effort towards integration of stock exchanges within the West African sub-region, saying that it will engender significant growth in the markets.
Transcorp N13bn rights issue 32.08% oversubscribed
Transnational Corporation of Nigeria (Transcorp) has disclosed that its N13 billion rights issue to the existing shareholders of the company was 132.08 subscribed, indicating 32.08 percent over-subscription.
