Just in: MTN Nigeria Ltd now MTN Nigeria Communications Plc
MTN Nigeria Wednesday morning announced that it has completed its conversion from a private company to a public company to be known and addressed as MTN Nigeria Communications Plc. Business Hilights gathered authoritatively that the conversion to a Plc is…
Zenith Bank’s Amangbo handovers to incoming Ebenezer Onyeagwu June 1
In a terse notice sent to the Nigerian Stock Exchange (NSE) on Monday, Zenith Bank Plc has appointed Mr Ebenezer Onyeagwu as its new Managing Director and Chief Executive Officer to replace retiring Peter Amanbgo effective June 1. While noting…
Peace Mass Transit mulls listing on Nigerian Stock Exchange soon–CEO
Enugu State-born grass to grace mass transit mogul and Chairman of Peace Mass Transit (PMT) Limited, one of the leading transport companies in Nigeria, Sam Onyishi Maduka has given an indication of taking the firm to the Nigerian Stock Exchange…
Election risk yet to weaken foreign, domestic investors’ at stock market
Contrary to speculations that the associated risks trailing the ongoing but fiercely fought 2019 presidential election campaigns may send shock waves to both foreign and domestic players at the Nigerian Stock Exchange (NSE), the Nigeria’s equity market has remained in…
Onnoghen issue capable of discouraging credible foreign investors’—Igboanugo
…As LCCI sees tensed political environment as risky for investments
Effective today, Dec. 17, NSE moves REITs, CEFs to separate board
The Nigerian Stock Exchange (NSE), will from today, Monday, December 17, 2018 migrate Real Estate Investment Trusts (REITs) and Closed End Funds (CEFs) to a separate board under Equities. This follows an earlier notification made by the Exchange on a…
Disruptive technologies driving transformation in financial services sector—Onyema
The Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has averred that Nigerian services sector in recent years has been under the disruptive influence of forced transformation driven by technologies. Speaking at the recently concluded third edition of…
Good news as NSE retains ISO 27001:2013 certification
The Nigerian Stock Exchange (NSE) has announced that it has retained the ISO 27001:2013 certification for its Information Security Management System (ISMS) for the third year consecutively. The re-certification followed a rigorous independent audit of NSE’s Information Security Management System…
Apathy on MTN’s 35% shares in Ghana, latest CBN’s hammer cloud NSE listing
More signals have emerged indicating that the endless back and forth movement of preparations by leading telecoms giant, MTN Nigeria to list on the Nigerian Stock Exchange (NSE) may face permanent back movement. Since 2015 after it was clear that…
Disquiet at NASS, growing fears ahead 2019 election chasing away foreign portfolios
Apart from ongoing massive pullout of investible funds by foreign portfolio investors at the Nigerian Stock Exchange (NSE), the remaining foreign funds and even local players are waiting for possible dousing of tension in coming weeks. Otherwise, political volatility has…