Oct 03, 2014/NSE Ecobank Transnational Incorporated (ETI) notified The Nigerian Stock Exchange that by a resolution passed on the 14th September 2011 the Board of Directors of Ecobank Transnational Incorporated (ETI) approved the acquisition of Oceanic Bank International Plc (Oceanic). In line with the Terms on Conversion of Preference shares […]
Capital Market
Bears Tighten Grip on Nigeria’s Equities Market, Benchmark Index Dip 0.55%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Monday gripped tight the Nigerian Equities market as benchmark index dipped 0.55% to close at 37,343.85 points, while market capitalisation lost N68.36 billion to close at N12.37 trillion. Current Year-to-Date (YTD) returns at the Nigeria Stock Exchange (NSE) now stands at a negative […]
NSE Says Corporate Governance Rating Mandatory, Recognised 8 Pilot Companies
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday announced that its newly introduced Corporate Governance Rating System (CGRS) is mandatory for quoted companies; as it endorsed and recognised eight (8) pilot companies. Oscar Onyema, chief executive officer (CEO) of the Exchange affirmed at the launch that […]
