By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday recorded a two-day losing streak as all-share index (ASI) dipped 2.09 percent on sell-offs in the Banking, Industrial and Consumer Goods sectors. According to Cordros daily market update, the ASI closed at 23, 333.34 basis points, while market capitalisation decreased […]
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Nigeria open to deal with mobile group MTN over $3.9 bln fine
Wed Jan 27, 2016/Reuters By Alexis Akwagyiram Nigeria is open to an amicable out-of-court settlement with South Africa’s MTN over a $3.9 billion fine imposed on the cell phone operator, a top regulatory official said on Wednesday. This represents a thaw in a three-month standoff between Africa’s largest mobile operator […]
Nasdaq to Provide SMARTS Market Surveillance Technology to Nigerian Stock Exchange
January 27, 2016/NSE & NASDAQ (Nasdaq: NDAQ) and the Nigerian Stock Exchange (“The Exchange” or “NSE”) have announced that NSE, which services the largest economy in Africa, will acquire Nasdaq’s SMARTS Market Surveillance platform to power their compliance program. The technology will provide NSE with the surveillance expertise needed to […]
