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Nigeria: NSE Reports 47 Percent Income Growth

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Posted by admin 10 days ago (http://allafrica.com)
[Independent (Lagos)] The Nigerian Stock Exchange (NSE) has recorded a 47.17 per cent growth in total income for the financial year ended December 31, 2014. Its total income grew to N7.950 billion in 2014 as against N5.401 billion recorded during the corresponding year of 2013.

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Nigeria: Electricity Distribution Companies Are Over Protected By Govt - Akingbogun

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Posted by admin 10 days ago (http://allafrica.com)
[Independent (Lagos)] Abuja -The Interim President of the Nigerian Electricity Consumers Advocacy Network (NECAN), Tomi Akingbogun, has said that the electricity distribution companies were being over protected by the federal government to the disadvantage of other businesses operating in the country.

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Nigeria: NSE Plans Naira Futures' Trading

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Posted by admin 10 days ago (http://allafrica.com)
[Guardian] THE Nigerian Stock Exchange (NSE) has unfolded plans to start trading naira futures that will help investors hedge against movements in the local currency, its Chief Executive Officer, Oscar Onyema said.

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Nigeria: Avid Foreign Investors Seek Clarification On Naira

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Posted by admin 10 days ago (http://allafrica.com)
[This Day] Foreign portfolio investors that are eager to play in Nigeria's fixed income securities market following the country's successful political transition would like to see a higher and more sustainable exchange rate equilibrium as well as a move back to a price-driven forex trading platform.

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Nigeria: CIS Endorses Plan to Commence Derivatives Trading

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Posted by admin 10 days ago (http://allafrica.com)
[This Day] The Chartered Institute of Stockbrokers (CIS) has thrown its weight behind plan by the Nigerian Stock Exchange (NSE) to commence trading in derivatives.

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Nigeria: SEC Restates Commitment to Implementation of Market Master Plan

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Posted by admin 10 days ago (http://allafrica.com)
[This Day] The Director General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo has restated the commitment of the commission to implement the 10-year Capital Market Master Plan (CMMP).

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Nigeria: NSE - Getting Set for Demutualisation

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Posted by admin 10 days ago (http://allafrica.com)
[This Day] The impressive financial growth of the Nigerian Stock Exchange in the past three years, will boost its demutualisation plan, writes Goddy Egene.

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Nigeria: 307 Capital Market Operators Meet New Capital Requirement

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Posted by admin 10 days ago (http://allafrica.com)
[This Day] About three months to the deadline for the new capital base requirement, 307 capital market operators have complied, THISDAY checks have revealed.

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