Tag: Nigerian Stock exchange

Four states to borrow N507bn from bond market

The Rivers, Osun, Gombe and Lagos state governments have filed applications with the Listings Regulation Department of the Nigerian Stock Exchange to raise N507bn in bonds from the capital market. Investigations by our correspondent revealed that since 2010, most state governments had been approaching the capital market to raise bonds […]

Mobil, PZ, 88 others default on NSE disclosures

Mobil Oil Nigeria Plc, PZ Industries Plc, Forte Oil Plc and 87 other companies quoted on the Daily Official List of the Nigerian Stock Exchange have defaulted on the mandatory disclosure of their financial status to the Exchange. The affected companies, according to an X-Compliance report posted on the NSE […]

Exchange recorded N10.28tn capitalisation in 2011 – Report

The total market capitalisation of the Nigerian Stock Exchange for the year ended December 31, 2011 hit N10.28tn. This figure represents a marginal decline of 5bn or 0.48 per cent compared to N10.33tn recorded at the end of December 2010. According to the NSE, this figure is made up of […]