Category: Capital Market

Three Nationalised banks for sell in 2014

The three nationalized or bridge banks (Enterprise Bank Ltd, Mainstreet Bank Ltd and Keystone Bank Ltd) are due for sell off from the volt of the Assets Management Corporation of Nigeria, AMCON as they are considering listing the three bridge banks on the Nigerian Stock Exchange, NSE, as alternative way sell them off. Managing Director,…

NIGERIAN STOCK MARKET IS SUNNY

NIGERIAN STOCK MARKET IS SUNNY The Stock Market hits a turnover of 1.704 billion shares, valued N14.539 billion in a 24,202 deals this week, in contrast to a total of 2.695 billion turnover shares valued at N15.701 billion exchanged hands in preceding week with 24,717 deals. The most active sector is the Financial Services sector…