Category: Capital Market

GT Bank, Zenith Bank, UBA Accounts N7.213bn out of N14.016bn total turnover

The management of the floor of the Nigerian Stock Exchange The NSE has published it weekly trading data for the week shown the top three equities Guaranty Trust Bank Plc, Zenith International Bank Plc and United Bank for Africa Plc by volume accounted for 270.638 million shares worth N7.213 billion in 3,902 deals, contributing 31.01%…

Oando Shareholders Applaud SEC Action, Calls For Accelerates Investigation

Shareholders of Oando Plc on Thursday commended the Securities and Exchange Commission (SEC) resolve to investigate allegation leveled against the management of the company. Reacting to the development, National Coordinator Progressive Shareholders Association of Nigeria, Mr. Boniface Okezie said the decision will restore investors’ confidence in the capital market. According to him, it’s imperative that…

NSE comply with SEC directive; Suspends Trading Of Oando Shares

The Nigerian Stock Exchange, NSE, on Wednesday announced the suspension of trading on shares belonging to Oando Plc, explaining that the action was based on the directive of the Securities Exchange Commission, SEC.   This followed a comprehensive review of two petitions against the company by Alhaji Dahiru Barau Mangal and Ansbury Incorporated, which led…