NSE Lists Union Bank’s N30bn Bonds   The Nigerian Stock Exchange has listed Union Bank of Nigeria Plc’s N30bn10-Year bond. The NSE said in a notice that the N30bn bond was listed at 16.20 per cent interest rate under the bank’s N100bn debt issuance programme. Describing the bond...

SEC Wants NNPC, Others To List On NSE   The Securities and Exchange Commission is looking to attract more oil and gas firms, including the Nigerian National Petroleum Corporation and the Nigeria LNG to the Nigerian Stock Exchange. SEC also said it had started discussing with some...

In Three Years, Listed Firms Raise N768.7bn Capital   companies that are publicly listed in the capital market have raised a total of N768.7bn capital in the last three years. Data obtained from the Securities and Exchange Commission showed that these firms are listed on the Nigerian...

NSE Returns N70m Capital Market Fraud To Investors     The Nigerian Stock Exchange says a total of N70m was repatriated from capital market fraud to investors in 2018. The Chairman, NSE, Mr Abimbola Ogunbanjo, said this during the NSE’s Annual General Meeting. He said that the repatriation was...

Union Bank, 23 Other Firms Suffer Free Float Deficiencies   Union Bank Plc, Lafarge Africa Plc and 22 other companies listed on the Nigerian Stock Exchange suffer free float deficiencies. Free float represents the portion of shares of a corporation that are in the hands of public...

Market Capitalisation Slumps Below N13trn Mark     Persistent losses at the local bourse dragged the market capitalisation of equities listed on the Nigerian Stock Exchange below the N13trn mark on Wednesday. Investors counted losses totalling N524bn in seven trading days as the market capitalisation dropped from N13.427tn...