Over-the-Counter Beat

NASD OTC Monthly Market Summary – September 2016

October 7, 2016/NASD Plc The market capitalization of admitted securities on the NASD OTC Market as at September 2016 stood at ₦411.28 billion, represented by 111.28 billion shares in issue out of which only 18.40 billion shares (16.54%) have been dematerialised. The dematerialised volume of 18.40 billion shares represents an […]

Nigeria’s Assets: Sells and Holds

Culled—Proshare October 3, 2016/NASD Plc Conventional thinking supports asset sales , it frees up cash; in Nigeria’s case- allows the Government to focus on governance and ,as a bonus;, provides a tiny relief to the pent up pressure for foreign exchange. So why not? There is no question of the […]

New Authorised Traders Admitted to NASD OTC Market

Culled—Proshare September 26, 2016/NASD Plc We are pleased to welcome the two (2) Authorised Traders who have completed their induction during the course of the week. The individuals have completed their membership requirements with the NASD OTC and are eligible to trade any of the 31 securities on the OTC […]