Tag: NSE
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Full list: 56 inactive firms faces expulsion from NSE
The Nigerian Stock Exchange (NSE) has marked out about 56 dealing-member firms as inactive, kick-starting the revocation of their licences and expulsion from the stock market. A breakdown of the status of dealing-member firms at the Exchange showed that there were 197 active firms and 56 inactive. Already, a total of 163 firms have been…
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Jaiz Bank emerges worst performing stock on NSE in May
Jaiz Bank has emerged the worst performing stock in percentage terms on the Nigerian Stock Exchange (NSE) for the month of May. The News Agency of Nigeria (NAN) reports that data obtained from the exchange for the month of May indicated that the stock dropped by 17.39 per cent, to close at 95k per share,…
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BPE reform: privatised enterprises to list in the capital market
Mr Alex Okoh, the Director-General, Bureau of Public Enterprises (BPE) says the structure of reforms being carried out by the organisation is targetted at listing of privatised enterprises as the final outcome. Okoh said this in a statement issued by the Head, Public Communications, Mr Chukwumah Nwokoh on Sunday in Abuja. Okoh said this during…
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NSE launches X-Academy to boost capital markets investment
The Nigerian Stock Exchange (NSE) on Thursday launched X-Academy, a knowledge-platform designed to provide education services to individuals for better understanding of various aspects of the capital markets. Mr Oscar Onyema, NSE Chef Executive Officer, said at the product launch on Lagos that X-Academy would help in strengthening financial literacy and enhance investment in the…
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NSE market capitalisation appreciates by N76bn
The upward trend continued on the Nigerian Stock Exchange (NSE) on Wednesday for the second consecutive day with the market capitalisation increasing by N76 billion. The News Agency of Nigeria (NAN) reports that the market capitalisation which opened at N10.121 trillion, rose by N76 billion or 0.75 per cent, to close at N10.197 trillion. In…
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NSE market capitalisation crosses N10trn mark
The market capitalisation of the Nigerian Stock Exchange (NSE), on Friday, rose by N206 billion to hit the N10 trillion market for the first time in 2017. The News Agency of Nigeria (NAN), reports that trading closed higher at N10.047 trillion against N9.841 trillion recorded on Wednesday. NAN further reports that the All-Share Index inched…
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Telecoms masts pose health hazard only if EMF exceeds limit – NCC
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta has continue to argue against the position of the Nigerian Society of Engineers (NSE) that exposure to electromagnetic field (EMF) from base transceiver masts is hazardous to human health. Prof. Danbatta’s position as reported by TheNewsGuru was that the belief that…
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NSE All-Share Index dips by 0.37%
Transactions on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a negative trend with the All-Share Index dipping 0.37 per cent. The News Agency of Nigeria (NAN) reports that the index shed 93.38 points or 0.37 per cent to close lower at 25,189.37, against 25,282.75 posted on Thursday. In the same…
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Dangote Refinery, Petrochemical Company to enlist on NSE soon
President of the Dangote Group, Alhaji Aliko Dangote, on Monday promised the listing of companies under the Dangote Group of companies on the nation’s bourse. The companies include Refinery and Petrochemical. Dangote stated this at the bell ringing ceremony on the NSE in Lagos as part of activities to mark his 60th birthday. He said…