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Tag Archives: Nigerian Stock Exchange

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

nse-oscar

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 said “The proposed changes, which will be implemented over the next three (3) quarters of 2017 are aimed at promoting ...

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Dangote explains deepening investments in agricultural sector

Dangote

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 his 60th birthday with the closing gong of the Nigerian Stock Exchange (NSE), he said the group’s plan for the ...

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

NSE House

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 deadline to file their Audited Financial Statements (AFS) for the year ended 31 December 2016. A statement for the Head, ...

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

Wigwe Oscar

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 of educational programs to raise awareness and improve the capabilities of young people to make sound decisions when it comes ...

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

Eurobond listing

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. Already, France and Poland have in recent months become the first sovereigns to issue ‘green’ bonds, previously the domain mainly ...

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