In line with the Nigerian bourse’s objective of attracting nternational investors, The Nigerian Stock Exchange (NSE) co-sponsored the 2nd Annual Africa Investment Summit held in Hong Kong in mid -November. The annual conference was hosted by FinanceAsia,
The Monetary Policy Committee (MPC) met on November 18 and 19, 2013 against the backdrop of widespread uncertainties and risks of deflation in the global economy but stable domestic macroeconomic conditions. Eleven (11) out of the twelve (12) members were
In line with the Nigerian bourse’s objective of improving the experience of doing business within the Capital Market, The Nigerian Stock Exchange (NSE) as an active member of the Financial Information Exchange (FIX) Protocol Trading Community led eight St
This is to remind all Dealing Member Firms that the deadline for the submission of their Quarterly Returns for the period 30th September, 2013 is due on Thursday 14th November, 2013.
Costain (West Africa) Plc (Costain) has notified The Exchange that an order of court for the appointment of a Receiver Manager was obtained by First Bank of Nigeria Limited (FBN) against Costain in respect of a trade debt that arose in the normal course o
On a monthly basis, the Exchange polls trading figures from major custodians and market operators on their foreign portfolio investments (FPI). The table below shows an analysis of transactions on The Exchange between January and September 2013
There is high excitement in the capital market community as stakeholders in the market await the proposed listing of a leading pan-African Information Communications Technology (ICT) Company, Computer Warehouse Group (CWG) on the Nigerian Stock Exchange (
The Nigerian Stock Exchange is the latest exchange to have joined the United Nations Sustainable Stock Exchanges (SSE) Initiative, at a bilateral meeting with United Nations Conference on Trade and Development (UNCTAD) on the sidelines of this year's annu
Early filers are companies that file their financial statements at least two weeks before the due date. Quoted companies on The Exchange are required to file their financial statements on a timely basis in accordance with the Listing Rules.
Growth in the major monetary aggregate decelerated at the end of the review month. Available data indicated a general upward trend in banks deposit and lending rates in August 2013. The value of money market assets outstanding decreased, owing, largely,
The Nigerian Stock Exchange (NSE) has decided to increase its product offering to five asset classes in five years. This warrants that an initial study be conducted for the development of derivative products in our capital markets based on the internation
The Nigerian Stock Exchange presents this memorandum to the Senate Committee on Capital Markets on the Chartered Institute of Securities and Investment Bill 2013 (CISI).
The International Organization of Securities Commissions (IOSCO) today published the final report on the Thematic Review on the Implementation of Principles 6 and 7 of the IOSCO Objectives and Principles of Securities Regulation (the Review).
Africa investor Capital Market Awards winners honoured at the New York Stock Exchange Johannesburg, New York, 25 September 2013: Africa investor (Ai), a leading international investment and communications group, yesterday announced the winners of the 2013
Directors of Issuers or Trustees of a Bond are responsible, collectively and individually, for ensuring that listed Issuers comply with the Exchange’s rules as they apply to their undertakings and as they relate to their meetings. The Exchange requires Di
The Exchange has created a new set of amendments to the Rules and Regulations Governing Dealing Members (the Rules), in its drive towards improving its rules in line with global best practices.
An inactive Firm is a firm that has been suspended for a period of more than 6months by The Exchange or SEC; or has not recorded any activity for a period of 3 or more months without being suspended.
*An inactive Firm is a firm that has been suspended for a period of more than 6months by The Exchange or SEC; or has not recorded any activity for a period of 3 or more months without being suspended.
Quoted companies on The Exchange are required to file their quarterly accounts within 45 days after the end of the quarter in accordance with Appendix 111 of the Listing Rules. Details of the quarterly filings are listed on Schedule five of NSE X-Complian
Please be informed that The Nigerian Stock Exchange will be migrating data from its current trading platform (Horizon) to the new trading platform (X-GEN).
“Hurdle Rate” means the minimum rate of return on investment necessary to cover all costs associated with the Fund; “Infrastructure Capital Company (ies)” means a company or companies whether private or public that provides capital/funding primarily for i
Growth in the major monetary aggregate decelerated at the end of the review month. Available data indicated downward trend in banks’ deposit and lending rates in July 2013. The value of money market assets outstanding increased, owing, largely, to the ris
Following the discussion at the Dealing Member CEOs breakfast meeting of Tuesday, 10th September 2013; The following Dealing Member Firms of The Exchange that did not submit their monthly transaction reports for the period ended 31st July 2013 are requir
An inactive Firm is a firm that has been suspended for a period of more than 6months by The Exchange or SEC; or has not recorded any activity for a period of 3 or more months without being suspended.
An inactive Firm is a firm that has been suspended for a period of more than 6months by The Exchange or SEC; or has not recorded any activity for a period of 3 or more months without being suspended.
Provisional data indicated that growth in the major monetary aggregates slowed at the end of the second quarter of 2013. Banks’ deposit and lending rates generally exhibited mixed developments during the review quarter. The value of money market assets ou
It gives me great pleasure to welcome you all here today, and to chair the 2nd meeting of the West African Capital Markets Integration Council (WACMIC).
On a monthly basis, the Exchange polls trading figures from major custodians and market operators on their foreign portfolio investments (FPI). The table below shows an analysis of transactions on The Exchange between January and July 2013.
The Exchange has identified the companies listed below as companies that fell short of the minimum listing standards in terms of timely disclosure of their audited annual financial performance and are operating or operated Below the Listing Standards (BLS
The Federal Government of Nigeria in its efforts to stem terrorism in the country has proscribed the activities of "JAMAATU AHLIS-SUNNA LIDDAAWATI WAL JIHAD" otherwise known as "BOKO HARAM" sect and "JAMA'ATU ANSARUL MUSLIMINA FI BILADIS SUDAN" in any par
We wish to refer to the United Nations Security Council Resolution (UNSCR) 1988, which requires all member states to freeze, without delay, all funds, other financial assets and economic resources in their territories, owned or controlled, directly or ind
Capital market operators are hereby notified that the Money Laundering Prohibition Act (MLPA), 2011 and Terrorism Prevention Act (TPA), 2011 were amended to meet international standards.