The Nigerian Stock Exchange has said that it is set to reduce the listing requirements for companies seeking to raise capital from the Exchange. This, according to the NSE, is part of its plans to deepen activities and encourage more participation in the capital market. A statement made available to […]
Author: InvestAdvocate
50% of Shareholders now embrace e-dividend-CSCS Source
By Christopher Nnanta InvestAdvocate Lagos (INVESTADVOCATE)-The number of shareholders in the Nigerian Capital Market (NCM) that has embrassed the e-dividend payment system is set to hit 50 percent (50%). A source at the Nigeria’s Central Securities Clearing System (CSCS) (name withheld) Thursday made this disclosure to www.investadvocateng.com in Lagos Nigeria. […]
Nigerian naira firms on NNPC dollar sales to banks
The Nigerian naira strengthened against the U.S dollar on the interbank market on Thursday after state-owned energy company NNPC sold about $150 million to some lenders, boosting dollar liquidity in the market. The naira closed at 160.30 to the dollar, after it opened the day at 161.10. The market closed […]
