NSE Fines 4 Firms N127.2m Over Financial Statements   The Nigerian Stock Exchange has fined four companies a total of N127.2m for failure to adhere to best corporate governance practices and refusal to submit their accounts and operational reports as and when due. It was reported on...

Eight Banks Receive NSE Sanctions, To Pay N102m Fines   The Nigerian Stock Exchange has sanctioned eight banks with fines totalling N102.7m for failing to file their financial statements at the regulatory date. The Exchange launched its new sanction regime for the delay in submission of companies’...

Concerns As MTN Delays Listing On NSE The inability of MTN Nigeria to list its shares on the Nigerian Stock Exchange (NSE) in July as earlier promised is a source of concerns to market stakeholders. Many express fear that the telecom company may have abandoned its...

Renewed Selloff Hits NSE As Indices Drops by N10bn   Renewed sell off in the shares of many highly capitalised negatively impacted transactions on the Nigerian Stock Exchange (NSE) yesterday, as market capitalisation dropped by N10 billion. Yesterday, the All-Share Index (ASI) shed 27.26 absolute points, representing...

Volatility Persists As Market Indices Deepen By 1.17%   Activities on the Nigerian Stock Exchange remained volatile in most trading sessions throughout last week, extending a back-to-back losing streak, occasioned by persistent profit booking in blue-chip stocks. The development fueled significant decline at the end of transactions...

NSE Indices Losses Dip By N94bn   The bears maintained dominance at the end of yesterday’s transactions on the equity sector of the Nigerian Stock Exchange (NSE), following price losses incurred by most highly capitalised stocks, as market capitalisation depreciated further by N94 billion. Specifically, the All-Share...