The volume of shares traded on the Nigerian Stock Exchange (NSE) on Monday increased by 387.78 per cent as a result of investors’ rush for stocks of Staco Insurance.
Transactions in the floor of the capital market showed lots of negative trend in the week ended 24 March, 2017 as most trading days closed southwards. The NSE All-Share Index and Market Capitalization depreciated by 0.77% and 0.80% respectively to close the week at 25,454.93 and N8.807 trillion respectively.
The Federal Government of Nigeria (FGN) Savings Bond which will open for subscription exclusively on the Nigeria Stock Exchange (NSE) will boost financial inclusion says the Executive Director, Capital Market Division of NSE.
Nestle Nigeria Plc shares had a major leap northward on Friday, lifting the All Shares Index of the Nigerian Stock Exchange to 0.73 percent positive.
The Securities and Exchange Commission (SEC) has expressed its readiness to collaborate with relevant international agencies to ensure that the growth of Mergers and Acquisitions in the country is sustained.
In furtherance of its determination to protect investors and ensure that illegal operators are not allowed to operate in Nigeria’s capital market, the Securities and Exchange Commission of Nigeria (SEC) has sealed up the premises of Yuan Dong (YDEC).
The Nigerian Stock Exchange on Tuesday listed a firmly underwritten N9billion bond for Forte Oil as part of the planned N50 billion bond issuance programme for the leading energy company.
The Board of Directors of Nigerian Breweries Plc has proposed a total dividend of N28, 181, 179 (Twenty eight billion, three hundred and eighty six million, one hundred and eighty one thousand, one hundred and seventy nine naira only), that is, N3.58 (three Naira fifty kobo) per ordinary share of fifty kobo each for approval by the company’s shareholders for the 2016 financial year.
Nigeria’s indigenous petrochemical company, Indorama Eleme Petrochemicals Limited (IEPL), has reaffirmed commitment to continue impacting socio-economic activities in the country.