Zenith Bank’s Q2-2018 result shows decline across major income lines
Zenith Bank Plc released its Q2-2018 result Monday afternoon at the floor of the Nigerian Stock Exchange (NSE), indicating a decline across major income lines, which resulted in a 34.25% y/y and 9.56% q/q drop in Gross earnings. Interest income…
‘MTN Nigeria to worth between N3.2t and N3.9t on Nigerian Stock Exchange after IPO’
Leading Nigerian business intelligence publications, BusinessDay has reported that MTN Nigeria will be worth between N3.2tn and N3.9tn on the Nigerian Stock Exchange (NSE). MTN Nigeria is Nigeria’s biggest telecommunications provider with more than 64 million subscribers. This is coming…
Plans for Sahara Power Group to hit Stock Exchange underway—Shonubi
Leading Nigeria’s power sector investor, Sahara Group has given indications on its arrangements to approach the Nigerian Stock Exchange (NSE) for listing as soon as possible. Executive Director and co-founder, Tope Shonubi, who addressed international media executives at the just…
NSE reviews equities market structure to drive liquidity, more participation
The Nigerian Stock Exchange (NSE) is pleased to announce that it has reviewed its Equities Market Structure, which shall become effective on Monday, July 2, 2018. The new Market Structure will create a level playing field for all market participants…
NSE delisted 22 firms for failing to meet up post-quotation standards—Official
Fresh details have emerged on why the Nigerian Stock Exchange (NSE) expelled not less than 22 companies between 2016 and now. A top official of the Exchange who spoke on grounds of anonymity on Wednesday in Lagos averred that “The…
NSE lauds Dangote Cement on Corporate Governance, seeks more partnership
Management of the Nigerian Stock Exchange (NSE) yesterday lauded Dangote Cement for its adherence to best corporate governance practices even as they called for more partnerships between the two organizations. Managing Director/Chief Executive of the Exchange, Mr. Oscar Onyema made…
Environmentalist, Majekodunmi joins Stock Exchange to marks World Env. Day
L-r: Favour Femi-Oyewole, Chief Information Security, The Nigerian Stock Exchange (NSE); Mrs Bilikiss Adebiyi Abiola, General Manager, Lagos State Parks and Gardens Agency (LASPARK); Tunji Kazeem, Head, Enterprise Risk Management, NSE; Mr. Desmond Majekodunmi, Chairman of Lagos State Urban Forest…
Stock Exchange laced with strong force capable of retaining foreign investors’—FG
The federal government has revealed that the Nigerian Stock Exchange (NSE) has all it needs to continue to retain both local and foreign portfolio investors even in the face of nearing general elections next year. In his presentation during the…
NSE marks Earth Day, seals corporate recycling MoU with RecyclePoints limited
The Nigerian Stock Exchange (NSE) has signed a Memorandum of Understanding (MoU) with RecyclePoints Limited for the collection and recycling of waste materials generated at The Exchange’s offices, saying the initiative is a demonstration of the Exchange’s effort to ‘End…
Puchercos reveals why Lafarge Africa earned membership of NSE Premium Board
The managing director of Lafarge Africa Plc., Mr. Michel Puchercos has given fresh details on the company’s successful journey to earning the prestigious member of the Nigerian Stock Exchange (NSE) premium board membership. In his comments shortly after the induction…
