The , NSE, has released its first Sustainability Report tagged ‘Connecting Nigeria to the world through a Sustainable Capital Market.’ The report demonstrates the exchange’s commitment to increased disclosure, expanded stakeholder engagement and thought leadership on sustainability as a key aspect of its business strategy. Oscar Onyema, chief executive officer, NSE, explained that the report,…
NSE Partners CECP to Walk Against Cancer
The Nigerian Stock Exchange, NSE, in partnership with the Committee Encouraging Corporate Philanthropy, CECP, is set to embark on a fun-filled five-kilometre walk, run and jog competition on May 16, 2015 in Lagos. The initiative, according to Bola Adeeko, head of NSE’s corporate services, is to promote teamwork, corporate wellness and to create awareness for…
Row over Access Bank Offer
The Securities and Exchange Commission launches an investigation into the technical suspension imposed by the Nigerian Stock Exchange on Access Bank shares, amidst reactions by stakeholders The confusion generated by the actions of the Securities and Exchange Commission, SEC, and the Nigerian Stock Exchange, NSE, over the shares of Access Bank may take a toll…
NSE Wins Award
The Nigerian Stock Exchange, NSE, has won the 2014 Best Initiative in support of small and medium enterprise, SMEs, and the Millennium Development Goals by Africa investor, Ai, an investment group, at the annual Ai Investment and Business Leader Awards in Washington DC, United States yesterday. The exchange was rewarded for providing a platform for…
NSE Uncovers 68 Cases of Market Infractions
In line with its zero-tolerance for market infractions, the Nigerian Stock Exchange, NSE, has imposed sanctions against seven dealing member-firms for unauthorised sale of clients’ shares. The exchange’s disciplinary committee for 2013, chaired by Chike Nwanze, announced that the sanctions range from fines to suspension on the operators and other market participants. In respect of…
LaFarge Africa to be listed on NSE
LaFarge Africa has announced plans to be listed on the floor of the Nigerian Stock Exchange, NSE. The new company and the listing will create the platform for strong growth as the transaction allows the company to consolidate its Nigerian operation with that of South Africa, says Joe Hudson, MD, Lafarge Wapco.
NSE Lists Vetiva 30 ETF
The Nigerian Stock Exchange, NSE, has expanded its product offerings via the official listing of Vetiva Griffin 30 Exchange Traded Fund, ETF, on the floor of the exchange recently. Haruna Jalo-Waziri, executive director, business development at the exchange, explained that the new product is an open-ended fund that is designed to track the performance…
NSE Reduces Trade Alert Costs By Over N1 billion
In a bid to attract more investors to the Nigerian capital market, the Nigerian Stock Exchange, NSE, has decided to scrap the 0.06 per cent charge on the Trade Alert service from March 2014. While the management of the exchange scraps the old alert system, it has introduced X-Alert, an enhanced notification system, which…
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