Business Hilights

Tracking Nigeria's Headline Business News Online

Nigerian Stock Exchange

PSHAN, Aig-Imoukhuede flag off design phase of PHC Adoption Programme

Aigboje Aig-Imoukhuede, in collaboration with the Private Sector Health Alliance of Nigeria (PSHAN) have unveiled a new initiative geared towards significantly improving Nigeria’s healthcare system at the grassroots level. The innovative strategy, in furtherance of a vision from an earlier…

BUA Cement Plc lists, becomes 3rd largest firm on Nigerian Stock Exchange

BUA Cement Plc has assumed the third largest quoted company in Nigeria following the listing of its shares on the Nigerian Stock Exchange valued at N1.19 trillion. Business Hilights recalls that BUA Cement is the subsisting company after the merger…

NSE to unveil X-Mobile App to deepen investors’ participation today

The Nigerian Stock Exchange (NSE) is set to launch X-Mobile, a dynamic and user-friendly mobile app, to enhance investors’ participation in the Nigerian capital market. The Mobile App which is currently in its Beta state will be launched at the…

Standings at Nigeria’s Stock Exchange on Thursday, Feb. 8, 2018

EQUITIES The equities market closed lower, with the All Share Index shedding 0.49% to 43,326.89 points, following selloffs in consumer goods stocks. Accordingly, the Month-to-Date and Year-to-Date returns fell to -2.29% and 13.29% respectively. The Consumer Goods (-1.98%) index recorded…

NSE plans restructuring of REITS, closed end funds to drive efficiency, transparency

The Nigerian Stock Exchange has notified stock market operators on its proposed changes to the framework regarding the trading of Real Estate Investment Trust (REITs); and Closed End Funds listed on The Exchange. In a statement issued Tuesday, the Exchange…

Dangote explains deepening investments in agricultural sector

Leading industrialist and President of Dangote Group, Aliko Dangote said the new initiatives of Dangote Group in the agricultural sector would have a major impact on the economy within a very short time. Responding to media chat shortly after celebrating…

Stock Exchange warns investing public to be cautious in dealing with Conoil, 10 others

Pursuant to Rule 2.2.1, Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers’ Rules), the Nigerian Stock Exchange (NSE) has informed the general public that Conoil Plc, and 10 other companies have missed the…

NSE working with Access Bank to mark Global Money Week across Nigeria

In line with its commitment to promote financial literacy and inclusion in Nigeria, the Nigerian Stock Exchange (NSE or Exchange) in collaboration with Access Bank Plc will commemorate the 2017 Global Money Week themed: ‘Learn. Save. Earn’ with a series…

Banking/Investments

Nigeria’s preliminary success in Green Bond issue elicits interest in Africa, Asia

Barely one week after the federal government unveiled its Green Bond at the Nigerian Stock Exchange (NSE) ahead of April issue, indications have emerged that more nations in Africa and even Asia have developed interest in the long term deal….