Shares The nation’s bourse resumed trading for the week on a bullish trend with the All-Share Index crossing the 32,000 mark following interests in blue chips. Specifically, the All-Share Index rose by 1,226.88 or 3.96 per cent to close at 32,243.05 compared with 31,016.17 achieved on Friday. Read Also: Ivorian Jacques Anouma Seeks CAF Presidency … Read more
Following the outbreak of COVID-19, Professor of Finance and Capital Market, Uche Uwaleke, says the Nigerian Stock Exchange (NSE) will likely close 2020 in red. He based his analysis on the negative real Gross Domestic Product (GDP) growth rate forecast by the International Monetary Fund (IMF) and the World Bank. The lecturer at the Nasarawa … Read more
Engr. Azuka Bartholomew Emeasoba has emerged as the new National Chairman of the Nigerian Institution of Safety Engineers (NIsafetyE) a division of the Nigerian Society of Engineers (NSE). Azuka was elected and inaugurated as the second National Chairman of NIsafetyE, after the first chairman of the institute, Engr. Abiodun Oyedepo completed his tenure. In his … Read more
By- Chinyere Joel-Nwokeoma (NAN) With no fewer than six days of trading before the year ends, it is almost certain that transactions on the Nigerian Stock Exchange (NSE) will close in the red zone. The outgoing year is, indeed, turning out to be yet another locust year for both local and foreign investors, due to … Read more
The board of PZ Cussons Ghana Limited has made known its intention to stop trading its shares on the floor of the Ghana Stock Exchange (GSE), Business Post has learned.The board of PZ Cussons Ghana Limited has made known its intention to stop trading its shares on the floor of the Ghana Stock Exchange (GSE), … Read more
The market capitalisation of the Nigerian Stock Exchange (NSE) swelled on Tuesday with the admission of the cross border secondary listing of Airtel Africa 3.75 billion ordinary shares on the premium board at N363 per share. The News Agency of Nigeria (NAN) reports that Airtel Africa traded 100,110 shares valued at N37. 97 million to … Read more
No fewer than 10 stockbroking companies traded 39.09 billion shares, worth N537.966 billion, representing or 55.31 per cent of the total shares traded on the Nigerian Stock Exchange (NSE) in the first five months of the year. The broker performance report by NSE for January 1, to May 31, 2019, showed that the top 10 … Read more
The Nigerian Stock Exchange(NSE) has extended the deadline for quoted insurance companies to submit their 2018 financial results, following their transition to the International Financial Reporting Standard, IFRS 9. This gives the insurance companies till July 31 to submit their results against the statutory time frame of June 30 every year. The extension came … Read more
The Nigerian Stock Exchange(NSE) has extended the deadline for quoted insurance companies to submit their 2018 financial results, following their transition to the International Financial Reporting Standard, IFRS 9. This gives the insurance companies till July 31 to submit their results against the statutory time frame of June 30 every year. The … Read more
The downward trend of the Nigerian Stock Exchange (NSE) which followed the announcement of the presidential election two weeks ago persisted yesterday with investors losing N108 billion. Trading results showed that market capitalisation which represents investors’ worth on the Exchange declined by N108 billion to close at N11.797 trillion from N11.905 billion on Friday. Similarly, … Read more