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NIGERIAN STOCK EXCHANGE

News and stories about Nigerian Stock Exchange

Key members on the board of Dangote Flour Mills PLC have announced their resignation from their previous positions.
GlaxoSmithKline has expanded the size of its Board of Directors with the appointment of a former director at Lafarge, Oludewa Adodo-Thorpe.
Sim Tshabalala has resigned from his position as Non-Executive Director of Stanbic IBTC Holdings.  
Royal Exchange Plc has announced the completion of the 39.25% acquisition of REGIC by Germany’s InsuResilience Investment Fund (IIF). 
The NSE and the Credit Bureau Association of Nigeria (CBAN) have called for increased access to credit by MSMEs in Nigeria. 
The CBN's restriction of OMO to only foreign investors and Nigerian banks could end up providing a welcome boost to the Nigerian Stock Exchange.  
The Nigerian Stock Exchange (NSE) has reassured investors and stakeholders that it is committed to the bourse’s protection.
Nestle Nigeria Plc has consolidated on its dominance with its financial performance during the period spanning January to September 2019.
Following close of yesterday’s trading session, the Nigerian equities market traded at a P/E ratio of 6.88x.
Nigeria’s widening infrastructure deficit has been a recurring discourse over the years.
Stanbic 9M 2019 results showed a 4% y/y growth in Gross Earnings to N176.2 billion (annualised; N234.9 billion).
This means if you find yourself owning these shares you may find it difficult to sell. Worst still if you are looking to buy these stocks you might not find a seller.