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Market Makers Set to Commence Operations

The Nigerian Stock Exchange (NSE) has said market makers appointed  about three months ago will begin operations any moment from now  as issues delaying their commencement  are being  sorted out. The Chief Executive Officer of NSE, Mr. Oscar Onyema, disclosed  this while responding to THISDAY’s enquiries on the delay in […]

Kenya bourse to list in 2013, plans bond index

By Tosin Sulaiman The Nairobi Securities Exchange is planning a share market listing of its own in the first half of 2013, completing a lengthy process of demutualisation, its chief executive told Reuters on Tuesday. The bourse, the fourth largest in Africa, also plans to launch a Treasury bond index […]

Nigerian lender FCMB to complete merger with Finbank by Q3

Nigerian lender FCMB said it would complete a legal and operational merger with former rival Finbank by the end of the third quarter. “We took full control of Finbank in February 9, and a complete integration is on the way … it will happen by the end of the third […]