Archives Tag: Nigeria Stock Exchange
Women You Should Know: Arunma Oteh
April 19, 2022
Background Arunma Oteh is of Nigerian-British national. She hails from Abia State. She studied at the University of Nigeria, Nsukka, earning a first class honors degree in Computer Science. She went on to the Harvard Business School where she obtained a master’s degree in Business Administration. She co-edited the book, African Voices, African Visions. In … Continue reading Women You Should Know: Arunma Oteh
By jeremiah
App Of The Week: Yochaa
April 19, 2022
Yochaa is the first of its kind and a solution for many folks who find it monotonous keeping up with daily news updates on the stock market. The news is typically known to be in complex terms thus making it difficult for investors to understand. Thanks to Yochaa, however, this doesn’t have to be the … Continue reading App Of The Week: Yochaa
Here’s How to Buy those Recently Listed MTN Shares
April 19, 2022
MTN listed its shares for sale at the Nigerian Stock Exchange (NSE) on Thursday. This makes it possible for anyone who has a trading account with a local brokerage to buy a stake in the telecoms giant and get a share of their earnings. But how do you get some of those shares for yourself? … Continue reading Here’s How to Buy those Recently Listed MTN Shares
MTN is Listing its Shares on the Nigerian Stock Exchange
April 19, 2022
Telecoms giant, MTN, now says it will be listing its shares on the Nigerian Stock Exchange this Thursday. The company broke the news in a press release it put out to the public on Wednesday. The listing means that shares in the Nigerian subsidiary of the South African company will be traded on the floor … Continue reading MTN is Listing its Shares on the Nigerian Stock Exchange
Did You Know? Nigeria’s Billion Dollar Companies
April 19, 2022
How much are Nigeria’s bigger corporations worth? The answer to this question depends on where you choose to draw the line. As you would expect, the number of companies on your rich list falls as the value-stakes are raised higher. Are we looking at firms raking in hundreds of millions of naira, or mammoth business … Continue reading Did You Know? Nigeria’s Billion Dollar Companies
InvestNow Lets You Buy Shares Online With as Little as ₦10,000
April 19, 2022
We know that it’s a bad idea to ‘save’ money by stashing it under a mattress. If it lies dormant, it’ll lose value. That’s a basic rule. If you really want to save money, you’ll have to ‘grow’ it. In other words, you’ll need to invest it in something. Thankfully, there are numerous investment opportunities … Continue reading InvestNow Lets You Buy Shares Online With as Little as ₦10,000
CBN Announces Takeover of Skye Bank By Polaris Bank
April 19, 2022
The Central Bank of Nigeria has announced that it has revoked the operating license of Skye Bank, one of the country’s major commercial banks. This was disclosed by the CBN Governor Godwin Emefiele, at a press briefing held in Lagos on Friday. Mr. Emefiele also revealed that the assets and liabilities of Skye bank were … Continue reading CBN Announces Takeover of Skye Bank By Polaris Bank
Meristem Launches First Naira Trading Platform
April 19, 2022
Meristem Securities Limited has launched a new trading platform, MeriFX. This platform is Nigeria’s first naira multi-derivative assets platform. With the new trading platform, one can now trade Forex, commodities, indices and equities all from one trading account in Naira. At the launch of the product, the Managing Director, Meristem Stockbrockers Ltd, Mrs. Gbadunola Sokunbi said “MeriFX offers … Continue reading Meristem Launches First Naira Trading Platform
By ejura
French Companies to Start Listing on the NSE
April 19, 2022
The French Business Group, MEDEF (Mouvement des enterprises de France International) has announced that prominent French companies will be interested in investing in the Nigerian economy and becoming actively involved in the Nigerian stock market. Mr. Pierre Gattaz, Chairman MEDEF, during his visit to the Nigerian Stock Exchange (NSE) made it known that the visit … Continue reading French Companies to Start Listing on the NSE
By mary-odunuga
GTBank nets ₦49Bn Half-year profit
April 19, 2022
GTBank has reported ₦49 Billion in profits, in the first half of 2013. This is up from the 44.9 billion it realised in 2012. In a published statement on Nigeria’s Stock Exchange’s website, GTBank revealed that bad-loan provisions fell to ₦1.3 billion, while lending increased 15 percent to ₦899 billion. Revenue jumped 9.3 percent to ₦124.2 billion, … Continue reading GTBank nets ₦49Bn Half-year profit
By sheyi
Nigeria Stock Index Closes Near One-Year High
April 19, 2022
Like all other stock markets around the world, Nigeria’s stock market index has had its fair share of ups and downs. Against this backdrop, the level of growth that has been recorded in recent times is considered a welcome development by many.
By kobe
