Nigerian Stock Exchange
The market indices of the Nigerian Stock Exchange (NSE) opened for the week on Monday with a marginal growth of 0.12 per cent.
Neimeth International Pharmaceutical closed higher at the end of transactions on Friday, at the trading floor of the Nigerian Stock Exchange. It led others with 24.62 per cent to close at N0.81 per share.
The Nigerian Stock Exchange (NSE) has suspended trading in the equities of 17 companies over failure to adhere to best corporate governance practices, and refusal to submit their accounts and operational reports.
Efforts by the regulators to revive the primary market segment of the Nigerian Stock Exchange (NSE) received a boost on Tuesday, as the Bureau for Public Enterprise (BPE) has said the agency is currently working with core investors in certain privatised enterprises...
The Vice Chairman, Senate Committee on Capital Market, Senator Festus Ogwuma, has assured that on-going review of the Investment and Securities (ISA) Act, on demutualisation of the Nigerian Stock Exchange...
Interstate Securities Limited, a dealing member of the Nigerian Stock Exchange (NSE) and an Issuing House with over 30 years of successful operations, has appointed Adeniyi Falade and Ademola Ajuwon into its board of directors.
Amid paucity of funds in the real estate sector, Lagos-based property development firm, Mixta Real Estate Plc has increased its liquidity with N5billion bond, which will be used to refinance existing debts and affordable housing projects.
Amid harsh operating environment, Conoil plc has posted profit after tax of N2.84 billion in its 2016 operations. The figure represents 23 per cent increase when compared to N2.30 billion achieved in the corresponding period in 2015.
Senior Lecturer with the Lagos Business School, Dr Doyin Salami, noted that the Federal Government needed to partner with the private sector for private capital for economic recovery and sustainable growth.
NAICOM regulation requires insurance firms to submit their financial statements on or before June 30th every year; else they would be barred from engaging in further business activities.
Mrs Kemi Adeosun, the Minister of Finance, said the Federal Government invested the sum of N200 billion on roads in 2016.
The Management of paint manufacturing company, Berger Paints Nigeria Plc, has assured the Nigerian Stock Exchange (NSE), and the investing public that the peaceful demonstration by some sections of the staff over the exit date for gratuity would not have adverse effects on its operations.