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New reforms to birth 11 international, nine national banks

By Ademola Alawiye There are strong indications that 11 international, nine national and four regional banks may emerge after the final phase of the ongoing banking sector reforms. Zenith Bank Plc, Guaranty Trust Bank Plc, United Bank for Africa Plc, First Bank of Nigeria Plc and Access Bank Plc will […]

NSE to extend trading by two hours

By Udeme Ekwere The Nigerian Stock Exchange has said that it will increase trading activities by another two hours within the next two months. The move will take trading hours to seven. The Interim Administrator of the NSE, Mr. Emmanuel Ikazoboh, who disclosed this to Reuters on Thursday, said that […]

NSE restructures ahead of demutualisation plans

By Udeme Ekwere with agency report The Nigerian Stock Exchange has unveiled plans to restructure its activities before it goes ahead with its plans to demutualise the bourse. The Interim Administrator of the Exchange, Mr. Emmanuel Ikazaboh, who disclosed this to Reuters on Thursday, said that the Exchange needed to […]