archiveJune 2016

A total of 3.1 per cent of listed companies on The Nigerian Stock Exchange (NSE) have been delisted in the past three years, leaving the number at 190. Data gathered by our correspondent revealed that listed equities on The Exchange in 2013 stood at 198. A year later, it dropped...

For investors on the Nigerian Stock Exchange (NSE), investing in equities on the Exchange is a good business, at least for now, as the value of their investment continues to appreciate with the commencement of the new forex regime of the Central Bank of Nigeria (CBN). For the week ended...

BY ABDUL-KHALIQ OLALEKAN No fewer than 3000 insurance textbooks were distributed by the Chartered Insurance Institute of Nigeria (CIIN) to secondary schools in 10 states of the federation through their respective Ministry of Education. The President, Chartered Insurance Institute of Nigeria (CIIN), Lady Isioma Chukwuma, who disclosed this at a...

There is heightened expectation that the new foreign exchange (forex) policy will aid the country economic growth and bring restoration of investor confidence. NIYI OLAOYE writes on the herd of stakeholders asking for ‘more,’ which throws up a lot of controversies that only the Central Bank of Nigeria (CBN) and...

Investors on the Nigerian Stock Exchange (NSE) spent N3.702 billion on 444.513 million shares in 5,565 deals on Friday as against 450.524 million shares valued at N5.707 billion exchanged in 6,360 deals on Thursday. Market Capitalisation of the Exchange which closed trading on Thursday at 10.671 trillion fell to 10.527...

Mayor Sadiq Khan: 'I believe that Britain is better off within the European Union, but the British people have clearly spoken today, and their democratic will must now be fulfilled'; 'London will continue to be the successful city it is today' - BP says it is too early to understand...

Good morning everyone, the country has just taken part in a giant democratic exercise, perhaps the biggest in our history. Over 33 million people from England, Scotland, Wales, Northern Ireland and Gibraltar have all had their say. We should be proud of the fact that in these islands we trust...

Britain’s currency seems to be the first casualty of the decision of the country to exit European Union as the pound has collapsed to a 31-year low and there was pandemonium on currency, equity and oil markets on Friday. This is said to be fuelling a wave of global uncertainty....

With about six weeks to the judgment of the Bayelsa State Election Petition Tribunal taking place in Abuja, a socio-political organisation, Bayelsa Patriots, on Friday raised the alarm alleging that the All Progressives Congress (APC) governorship candidate in the 2015 governorship election, Chief Timipre Sylva and his camp are already...

Members of the Nigerian Stock Exchange (NSE) were unanimous in agreement with the NSE Council’s proposal to have an Extra-ordinary General Meeting (EGM) on the demutualisation to allow for more consultations on the issue. The President of Association of Stockbroking Houses of Nigeria (ASHN), Emeka Madubuike,  and Mike Itegboje, a...