Twenty-five companies quoted on the Nigerian Stock Exchange, NSE, have passed the Corporate Governance Rating System (CGRS) of the NSE, the bourse said on Monday. A statement by the NSE said that the Steering Board of the CGRS made the announcement after the 25 companies scored the required pass mark of 70%. The statement added that 87 other companies are ...
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NSE market capitalisation hits N16.080trn all-time high
The price rally on the Nigerian Stock Exchange (NSE) continued, on Wednesday, with the market capitalisation hitting an all-time height of N16.080 trillion. The market capitalisation, which opened at N15.782 trillion inched N298 billion or 1.89 per cent to close at N16.080 trillion. Also, the All-Share Index rose by 830.52 points or 1.89 per cent to close at 44,885.24 compared ...
Read More »Onyema says present stock market rally is based on 2017’s outstanding performance
The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Oscar Onyema, said, on Tuesday, that the present equity rally was based on the enhanced performance posted in 2017. He said this during the presentation of 2017 Market Recap and Outlook for 2018 at the exchange in Lagos. He said that the more than 12 per cent growth posted by ...
Read More »NSE releases four-year strategic plan to shore up market liquidity, velocity
The Nigerian Stock Exchange (NSE), on Tuesday, announced its 2018 to 2021 corporate strategy, aimed at boosting retail investor participation presently at seven million to enhance market liquidity and velocity. Its Chief Executive Officer, Oscar Onyema, unveiled the plan at the 2017 Market Recap and 2018 Outlook presentation in Lagos. He said that the Exchange’s focus, in the next four ...
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