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NIGERIAN STOCK EXCHANGE
News and stories about Nigerian Stock Exchange
This is a list of Dividends announced in 2019
Nigeria’s foreign portfolio transactions declined by N280 billion as foreign investors remain net sellers of Nigerian equities.
It is pertinent to highlight that foreign investors have been net sellers of Nigerian equities in every other month in 2019.
The Group Managing Director/CEO of Dangote Cement Plc, Engr. Joseph Makoju mni will retire as GMD/CEO effective January 31, 2020.
The Nigerian capital market, like other global markets, will continue to be impacted by macroeconomic trends. Given the prevailing challenging economic conditions the country is facing, Nigeria’s equities market has experienced volatile daily gains and losses. #NSE #ETF
The NSE has disclosed it would begin implementation of its new free float rules staring from the first trading day in 2020.
Oil firm, 11 Plc, formerly known as Mobil Oil Nigeria Plc, has increased its real estate portfolio as it finalised talks to acquire Lagos Continental Hotel. The company made the announcement after discussion on the property with the Asset Management Company of Nigeria (AMCON) was concluded. #11plc #AMCON
NSE lost N197.35 billion of its equity market capitalisation on Monday to close at N12.62 trillion from N12.81 trillion recorded last Friday.
Tier one lender Stanbic IBTC Holdings has listed a fresh 31.51 million ordinary shares at 50 kobo each on the Nigerian Stock Exchange (NSE). The additional shares were as a result of a resolution passed at the company’s extraordinary general meeting in August 2016, which read that shareholders of Stanbic IBTC Holdings may choose to receive dividends declared by the company
Lafarge Africa Plc has informed its stakeholders and the general public about the resignation of its Group CEO, Michel Puchercos.
Greif Nigeria Plc has announced its plans to delist from the Nigerian Stock Exchange (NSE). #GRIEF # DELIST
Trans-Nationwide Express Plc has appointed Theodore Chikelu as its Managing Director and Chief Executive Officer. #TNT