Category: Capital Market

SAHCO IPO: SEC approves offer period extension

The Securities and Exchange Commission has approved an extension of the offer period of Skyway Aviation Handling Company Plc’s Initial Public Offering. In a statement signed by the Head, Listings Regulation Department, Nigerian Stock Exchange, Godstime Iwenekhai, the offer for sale of 406,074,000 ordinary shares of 50kobo each at N4.65 per share of SAHCO has…

Notice of intention by Diamond Bank & Access Bank to merge, not yet merger – SEC

SEC is awaiting for their application on Access Bank/ Diamond Bank merger The Securities and Exchange Commission (SEC)is aware of the intention of Access Bank and Diamind Bank to go into a merger. Access bank and Diamond Bank have both notified the Commission and the general public. It is a notice to merge, they have…

Migration of REITs and Closed End Funds from the Main Board to a Separate Board under the Equities Segment

The Nigerian Stock Exchange “the Exchange” or “NSE” today announced the migration of REITs and Closed End Funds (CEFs) to a separate board under Equities, effective December 17, 2018. This follows an earlier notification made by The Exchange on a restructuring of the framework regarding the trading of Real Estate Investment Trusts (REITs) and Closed…

Winners Emerge in the 2018 NSE CEO Awards

The Nigerian Stock Exchange (“The NSE” or “The Exchange”), the sustainable Exchange championing Africa’s growth, today, announced the winners of the 2018 NSE CEO Awards at a  ceremony held on Wednesday, December 12, 2018, at the Stock Exchange House in Lagos.   Initiated in 2012, The NSE CEO Awards is designed to reward and motivate…