Stock Market

Nigeria: NSE Market Capitalisation Rises by N162 Billion

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Posted by admin 4 days ago (http://allafrica.com)

[Leadership]Weekly activities on the Nigerian Stock Exchange (NSE) on Friday closed on impressive note as the market capitalisation rose by N162 billion.

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Nigeria: Why Stock Market is On the Ascendancy

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Posted by admin 4 days ago (http://allafrica.com)

[This Day]Like its emerging market peers on the African continent, that the Nigerian equities market is outperforming several global markets, is not in doubt. In spite of some choppy trading on the back of profit taking by investors, which saw the market lose a fraction of its value in March and part of April this year, the equities market has witnessed a consistent bull run since 2012.

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Nigeria: Why Stock Market is On the Ascendancy

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Posted by admin 4 days ago (http://allafrica.com)

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Nigeria: Earning Season Momentum Drives Equities Further North

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[This Day]Investors in the Nigerian equities market went home smiling last week as the market sustained its positive run helped by earning season momentum and massive gains recorded by United Bank for Africa (UBA) Plc.

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Nigeria: Earning Season Momentum Drives Equities Further North

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Posted by admin 4 days ago (http://allafrica.com)

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Nigeria: NSE Partners CBI On Corporate Governance

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Posted by admin 4 days ago (http://allafrica.com)

[Leadership]The Nigerian Stock Exchange (NSE) has today taken steps which will lead to the establishment of a Corporate Governance Index for listed companies in Nigeria. Investor confidence in the Nigerian capital market has remained challenging based on perceived inadequate disclosures, corruption and poor understanding of fiduciary responsibilities on the part of directors; leading to weaknesse

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Nigeria: NSE Hails Banks Over Timely Financial Reporting

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[This Day]The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, has commended commercial banks in the country for adhering to their financial reporting schedule.

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Nigeria: Oando Raises N55.2 Billion as Rights Issue is 101 Percent Subscribed

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Posted by admin 4 days ago (http://allafrica.com)

[This Day]Oando Plc has succeeded in raising over N55.2 billion from the capital markets as its Rights Issue recorded 101 per cent subscription. The company had issued 4.548 billion shares to existing shareholders at N12 per share between December 2012 and February 2013 with the intention of raising N54.6 billion.