The resilience and rapid performance of the capital market came to the fore, when the council members of the Investment Advisers and Portfolio Managers Association visited the floor of the stock exchange.
It is a known fact that Stock Markets generally are information driven and as such a normal practice for investors to act rationally and without bias at any instant that they estimate the value of a stock based on future expectations. Despite the informat
With the increasing trend of activities and participation in the Nigerian Capital market, the prospects for growth and sustainability came to the fore at the Nigeria-South African Chamber of Commerce May 2013 Breakfast Meeting at the Eko Hotels and Sui
It is not often that companies who get listed on the floor of the stock exchange, declare sustainable profits for five years in a row, that seems to be the story of the Nigerian based business solution firm Courteville, a group that has experienced
The prospects for the Insurance Industry becoming viable and engaging in the Nigerian market, received a major boost as the Custodian & Allied Insurance completed their merger with Crusader Insurance making it one of the most strategic business move in th
The NSE specialized sectoral indices continued to record improved performance(s) as majority of the indices presently trade in the green zones. This further affirms the impressive performance recorded by the broad NSE All-Share Index (ASI) with a +27.43%
The impressive performance recorded by African Exchanges amongst their peers (and indeed on a comparable global stage) continued as at month end when Kenya led all African Exchanges based on YTD performance.
Investors across the world appear to believe that the global economy is on the fix and that the overall macro-economics is improving – thus luring value investors to dump precious metals in favour of equities.
United Bank for Africa (UBA Plc), One of Africa's leading financial institutions, along with a consortium of local and international banks, Tuesday signed a $3 billion (N470b) loan agreement with MTN Nigeria, towards expanding its network infrastructure i
On a monthly basis, the Exchange polls trading figures from major custodians and market operators on their foreign portfolio clients. The table below shows the breakdown of the portfolio inflow and outflow between 2007 and March 2013
It was curious reading the piece "Dangote Cement Plc: The Fulcrum of The Nigerian Stock Market" by Thaddeus Investment Advisors Limited. The review was a curious one not so much because of what it disclosed as for what it left unsaid. After all, in the ru
The Committee on Payment and Settlement Systems (CPSS) and the International Organization of Securities Commissions (IOSCO) have started the process of monitoring implementation of the Principles for financial market infrastructures (the PFMIs).
Following the Scheme of merger between Flour Mills of Nigeria Plc with Nigerian Bag Manufacturing Company Plc, Nigerian Bag Manufacturing Company Plc was delisted from the Daily Official List of The Exchange on 11th April 2013.
Full suspension was placed on the shares of Crusader Plc prior to delisting of Crusader Plc and listing of the Scheme merger between Custodian and Allied Insurance Plc and Crusader Plc shares. The Full suspension took effect from Monday, April 8, 2013.
As the Nations capital market shows positive signs of recovery, the Society for Technical Analysts in Nigeria, the body responsible for coordinating and driving financial market insight, report, outlook and forecast for the market, is set to converge in
As at April 5th, 2013 (last week Friday), the two stocks that have the best year-to-date price performance in the Banking and Insurance sectors of the Nigerian Stock Exchange are both companies that have publicly expressed their desire to raise funds from
The Nigerian Stock Exchange concluded another phase in its plans of nurturing the growth of small to mid-sized companies via the announcement of selected Designated Advisers (DAs) for companies listed on the Alternative Securities Market (ASeM).
The Nigerian Stock Exchange has announced that it will be launching an Alternative Securities Market (ASeM) in April 2013 for Emerging Companies with high potential for growth in Nigeria. ASeM will be a specialised board on the Nigerian bourse where small
With a view to expanding the market to meet its capitalization mark, the Nigeria Stock Exchange today launched its 'Supplemental Market Makers Program' which it believes will be one of the catalyst for market growth.
Good evening sir, thank you for granting us this interview. If I may, I will like to get the session started by asking for your take on the Holding Structure adopted by banks under the reform programme of the CBN?
Who would have believed if you were told that the Kenyan stock exchange has the highest return in the world in the year to date; and that the Nigerian ASI will be the bourse with the third highest return to date
The Nigerian Media have been urged to carry out more Investigations and Analysis on Companies and their dividends pay out, as a way of releasing vital information that will assess their performance in the Capital Market.
The Nigerian Stock Exchange (NSE) has announced the addition of four new stocks to the market making programme. The new additions are: Portland Paints & Products Nigeria Plc; ABC Transport Plc; Glaxo SmithKline Consumer Nigeria Plc and Stanbic IBTC Holdin
As one of the key post listing requirements, quoted companies are expected to file their financial results at the end of each quarter as well as each financial year. The financials are expected to be filed within ninety (90) days after the end of each qua
Following the decisions made by the committee set up to revive activities on the Nigerian Stock Exchange, the finance minister, Dr. Ngozi Okonjo-Iweala announced a waiver of stamp duties and exemption of VAT on transactions on the exchange. Below is an ex
The newly constituted board of the Securities and Exchange Commission (SEC) of Nigeria rang the opening bell to kick off trading today while on a familiarisation visit to the members, management and staff of the Nigerian Stock Exchange.
The International Organization of Securities Commissions published today the final report on Principles of Liquidity Risk Management for Collective Investment Schemes, which contains a set of principles against which both the industry and regulators can a
The NSE All-Share Index rose by 1.12% today to 33,708.18 points, this is as market capitalisation now stands at N10.786trn
The top contributors to the broad index gain are: Nestl (up 7.80%), which added +241.65 points to the index; Nigerian Breweries (u
The NSE All-Share Index rose by 0.25% today to 33,335.27 points and Top contributors were Nestl with a +5.81% gain as it added +134.28 points to the index level, Dangote Cement came next with a +0.83% gain and added +69.29 points, Union Bank came third w