Category: Capital Market

SEC Assures Foreign Investors of Dynamic and Transparent Market

L-R,  Executive Director, J.P Morgan, Mr Nick Long, Acting Director General, Securities and Exchange Commission, Ms Mary Uduk, Chief Executive Stanbic IBTC, Mr. Akeem Oyewale and Acting Executive Commissioner Operations SEC, Mr. Isyaku Tilde during a meeting between SEC and JP Morgan in Abuja at the weekend The Securities and Exchange Commission (SEC) Nigeria, has…

UBA, Zenith Bank and FBNH accounts for 325.580mn shares out of turnover of 1.097bn shares

The management of trading floor of The Nigerian Stock Exchange (The NSE) on Friday June22, 2018 released traded data for the week which showed three equities namely – United Bank for Africa Plc, Zenith International Bank Plc and FBN Holdings Plc toped the chart by volume, accounted for 325.580 million shares worth N4.854 billion in…

NSE Reviews Equities Market Structure to Improve Liquidity and Participation

Lagos: The Nigerian Stock Exchange (The Exchange or NSE) is pleased to announce that it has reviewed its Equities Market Structure, which shall become effective on Monday, July 2, 2018. The new Market Structure will create a level playing field for all market participants and enable investors deploy broader trading strategies, enjoy best execution and…

Total Nigeria plc made history as net profit hits N8billion 2017

…pays N4.75bn final Dividend… The total Nigeria plc’s management and board of the Director in despite the challenges has proposes for approval by shareholders the sum of N4.75billion representing another N14.00 (Fourteen Naira) to be distributed as final dividends for the year 2017 subject to the deduction of appropriate withholding taxes at the time of…