9 Delisted Firms Wipe Off N165.11bn From NSE   A total of nine companies were delisted from the Nigerian Stock Exchange in 2019. This wiped N165.11bn off the market capitalisation. The latest data obtained from the NSE showed that two of the companies were delisted due to...

Foreign Investors Withdrew N481.96bn In Eleven Months   Foreign Portfolio Investors withdrew a total of N481.96bn from the stock market between January and November 2019. The latest data obtained from the Nigerian Stock Exchange showed that the N481.96bn was a 20.41 per cent decrease from the N605.54bn...

FG Dominates NSE Bond Market, Raises N2.98trn In 2019   The Chief Executive Officer, Nigerian Stock Exchange, Mr Oscar Onyema, said capital raising at the NSE was dominated by the Federal Government in 2019 as it raised N2.98tn. Onyema, while speaking at the 2019 market recap/2020 outlook,...

In Nine Months, 13 Banks Pay N136.84bn Tax   Thirteen commercial banks listed on the Nigerian Stock Exchange paid N136.84bn in taxes to the Federal Inland Revenue Service in the nine-month period ended September 30, 2019. Data obtained from the financial statements of banks for the period...

NSE Recovers N1.44bn Shares For Investors In 2019   The Nigerian Stock Exchange said it was able to recover N1.44bn worth of shares for investors in the year 2019. The Chief Executive Officer, Nigerian Stock Exchange, Mr Oscar Onyema, while speaking during the 2019 Market Recap/2020 Outlook,...

NSE’s Capitalisation To Get N1.2trn Boost As BUA Cement Lists Shares   The Nigerian Stock Exchange (NSE) will today list the shares of BUA Cement Plc, which is a product of the merger of Cement Company of Northern Nigeria Plc and Obu Cement Company. The listing...