Kogi restructures N8b bonds
Kogi State Government has restructured its sub-national bonds to extend the maturity date of the two bonds by three years. The government restructured its Kogi […]
Nigerian Stock Exchange (NSE)
NSE becomes public liability company
The Nigerian Stock Exchange (NSE) has received final approvals from Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) and the regulatory body for […]
Stock Exchange completes conversion to public company (PLC)
The Nigerian Stock Exchange (NSE) has received final approvals for its ongoing conversion from a mutual, member-owned company to a public limited liability company, paving […]
Oando’s share price up by 10%
Oando Plc joined the Nigerian Stock Exchange (NSE) top gainers with a 10 per cent increase in share price from N3.18 to N3.41 yesterday. The […]
Fidelity Bank issues N41.21bn Tier II local bonds
LAGOS – Fidelity Bank Plc has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due […]
Stock Market Posts N370bn Weekly Loss As Investors Take Profit
The Nigerian’s stock market shed N370bn after five straight trading sessions of losses last week amid profit-taking. The Nigerian Stock Exchange All-Share Index and market […]
Stock Investors Gain N1.13trn In January
Despite the prevailing economic downturn and the devastating effect of the COVD-19 crisis, the Nigerian stock market sustained eight consecutive months of bull-run from April […]
Stock Market Ends January With N1.13trn Gain
Trading activities on the floor of the Nigerian stock market finished the month of January impressive to emerge the best performing exchange in Africa. Available […]
Danbatta Receives MoneyReport’s Man of the Year 2020 Award
ABUJA – The Executive Vice Chairman and Chief Executive of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has received the prestigious “Man of […]
Capital market puts public offers online
The Nigerian capital market has inaugurated an online public offering platform to improve depth, convenience and accessibility. It is the first of such initiative in […]
Fidelity Bank Excites Stock Market With Smooth Transition And Sustained Financial Performance
The stock market was in excitement on Wednesday with the smooth transition at Fidelity Bank Plc, when MD/CEO, Mr. Nnamdi Okonkwo gave account of his […]
NSE approves Abbey Mortgage Bank’s plan to raise N3b capital
The management of the Nigerian Stock Exchange (NSE) has approved plan by Abbey Mortgage Bank Plc to raise about N3.03 billion new equity funds from […]
Fidelity Bank posts impressive 9 months results as profits hit N21.3bn
LAGOS – Fidelity Bank Plc has continued to sustain its impressive run of financial performance with the strong 3rd quarter results for the year, released […]
#EndSARS: Investors re-price insurance stocks as claims spike after protest
Investors are beginning to reduce their equity stake in some of Nigeria’s listed insurance companies following record loss situation expected to arise from #EndSARS protest […]
Oil & Gas Firms Raise N400bn From Capital Market – Onyema
Companies in the oil and gas sector have raised over N400 billion across several asset classes using the Nigerian Stock Exchange (NSE) platform in recent […]
Listed insurers see half-year profit surges on investment income
Profits of the largest listed insurers on the Nigerian Stock Exchange (NSE) have surged even amid the wrought caused by the coronavirus pandemic (Covid-19), thanks […]
NSE All-Share Index rebounds 0.16%
By Chinyere Joel-Nwokeoma Lagos – After three consecutive days of losses, the Nigerian Stock Exchange (NSE) All-Share Index on Friday rebounded by 0.16 per cent. […]
NSE: Trading sustains bullish trend, rises 0.45%
By Chinyere Joel-Nwokeoma Lagos – Activities on the trading floor of the Nigerian Stock Exchange (NSE) maintained a bullish posture on Friday with the market […]
NSE: Investors staked N3.89bn on 383.3m shares in bullish trading
By Chinyere Joel-Nwokeoma Lagos – The volume of shares traded on the Nigerian Stock Exchange (NSE) on Wednesday improved by 148.13 per cent with an […]
Airtel Africa, Telkom dump Kenya’s merger deal
Airtel Africa Plc and Telkom Kenya Limited have decided to forego a proposed business combination in Kenya, citing inability to reach a successful closure and […]