NSE Enhances Fixed Income Market, Capitalisation Rises 27% to N16trn

Posted by - October 5, 2020

The Nigerian Stock Exchange (NSE) has improved its fixed income securities market segment as well as the associated benefits on its platform. This is just as the fixed income market capitalisation has increased from N12.9 trillion at the end of 2019, to N16.4 trillion, showing a jump by 27 per cent. The NSE disclosed this

NSE Yield hits 60% as investors gain N44bn

Posted by - November 29, 2019

The Nigerian Stock Exchange (NSE) has revealed an increase by 60 per cent at the close of trading recently due to gains in the shares of FBN Holdings, Access Bank and GT Bank. Similarly, the All Share Index (ASI) inched higher by 0.13 per cent to close at 26,824.50 points, leading to a slight improvement

NSE Lists FGN N15 Billion 7-Year Green Bond

Posted by - October 16, 2019

The Nigerian Stock Exchange (NSE) has listed the Federal Government of Nigerian (FGN) N15 billion Green Bond. The bond has a coupon rate of 14.50 per cent on June 13, 2019 and is due to mature on June 13, 2026. It further revealed that this Series II Green Bond, issued to finance renewable energy, afforestation

MTN’s Nigerian unit now most valuable stock in NSE

Posted by - August 22, 2019

Telecom giant, MTN Nigeria Communications Plc. has become the most valuable company on the Lagos Stock Exchange (NSE). The company which listed on the Nigerian stock market only three months ago, had achieved a market capitalization of N2.82 trillion ($7.82 billion) as of Monday’s close of trading. The mobile phone company has overtaken Dangote Cement

Access Bank Lists Additional 6.6bn Shares On NSE

Posted by - April 3, 2019

The Nigerian Stock Exchange (NSE) has approved Access Bank Plc‘s listing of additional 6.6 billion units of ordinary shares of 50 Kobo each, which arose from the scheme of merger with Diamond Bank Plc. Consequent to the approval, the resultant scheme shares of 6.6 billion ordinary shares of 50 Kobo each, were listed by Access

NSE Records 97% increase in Foreign Investment Outflows

Posted by - March 26, 2019

The Nigerian Stock Exchange (NSE), has recently revealed that there was a significant growth of 97.8 per cent in Foreign Portfolio Investment (FPI) outflows in the month of February. In the Domestic & Foreign Portfolio Participation in Equity Trading for the Month of February, has showed that foreign outflows increased by 97.8 per cent from

NSE Harps on High Sustainability Reporting Standards

Posted by - March 20, 2019

The Nigerian Stock Exchange (NSE) has held itself accountable to the highest standards regarding sustainability reporting and will continue to do more. The Divisional Head, Shared Services, NSE, Mr. Bola Adeeko, noted this at the sustainability reporting implementation workshop organised by the exchange and Global Reporting Initiative (GRI) recently in Lagos. Adeeko speaking, the NSE

NSE, Meristem to launch investment style-focused

Posted by - March 11, 2019

The Nigerian Stock Exchange, NSE, and Meristem Securities Limited are collaborating to launch two new style indices – the NSE-Meristem Growth Index and NSE-Meristem Value Index. The style indices were designed in response to demand for customized indices to support product development and investment management. Broadly, the style indices will provide a benchmark for the