The Debt Management Office (DMO), has announced the offering of two Federal Government of Nigeria (FGN) bonds for subscription. The Office disclosed on Monday that first offer is a two-year FGN savings bond, which will be due on May 18, 2024, at an interest rate of 7.93 per cent per annum while the second is […]
The Nigerian Stock Exchange (NSE) has explained why its earlier directive lifting the technical suspension earlier placed on Oando Plc’s shares was reversed and subsequently re-validated. The Exchange linked the conflicting directives to directives by the industry regulator, the Securities and Exchange Commission (SEC), The SEC had on Monday, through a letter directed the management […]
The Nigerian Stock Exchange (NSE) has announced plans to migrate Access Bank, Lafarge Africa, Seplat and United Bank for Africa (UBA) Plc to its Premium Board A statement issued by the NSE on the proposed initiative indicated that the four companies would be migrated to its Premium Board on 16th April following their fulfillment of […]
Trading on the Nigerian Stock Exchange (NSE) today sustained the previous day’s sluggish trend leading to a marginal drop in the All Share Index (ASI) shedding 46 basis points. While the Year-to-Date (YtD) returns stood at 8.50 per cent, the market capitalisation dipped by N14.89 billion at the close of the trading, just as market […]
Nigeria’s equity market opened on a sluggish note today with the benchmark indices of the All-Share Index (ASI) and market capitalisation dipped 0.2 percent apiece at the close of trading. Available report on the market by the Nigerian Stock Exchange (NSE) showed that the ASI closed at 43,056.51 having dropped 111.35 absolute points from 43,167.86 […]