Investors Bite

MTN Nigeria Announces SEC Approval to Register Shares Issued Under the Scrip Dividend Election Scheme

August 9, 2023/NGX MTN Nigeria Communications Plc is pleased to announce that it has obtained the approval of the Securities and Exchange Commission for the registration of the ordinary shares issued under the recently established scrip dividend election. Under the Plan, a total of 5,192 shareholders elected to receive their […]

Selloffs on DANGCEM, MTNN Drives ASI Lower -1.75%

August 9, 2023/InvestmentOne Report The Nigerian bourse dipped by 1.75% as the NGX-ASI settled at 64,167.39pts.  In today’s trade, market breadth index was negative with 27 losers against 24 gainers.  GUINEAINS (+10.00%) was the top gainer today, while MULTIVERSE (-10.00%) led the losers.                                                                                                                 STERLINGNG (-1.99%) was the most actively traded stock […]

SEC, PENCOM, NGX Reiterate Commitment to Deepening Securities Lending

…calls for more collaboration, awareness August 9, 2023/NGX With the aim of enhancing investor participation and securities lending transactions in the Nigerian capital market, the Securities and Exchange Commission (SEC), National Pension Commission (PENCOM) and Nigerian Exchange Limited (NGX) have reaffirmed their commitment to further developing the securities lending landscape. […]