Category for news and updates
NSE CEO Awarded Officer of the Order of the Niger (OON)
The Chief Executive Officer of The Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, was awarded with a National Honour as Officer of the Order of the Niger (OON), by the President of the Federal Republic of Nigeria, Dr. Goodluck Ebele Jonathan, GCFR, on Monday, September 29, 2014. The award ceremony, which was held at the [...]
NSE Becomes a Full Member of World Federation of Exchanges
The Nigerian Stock Exchange (“the NSE”), today, announced that it received a unanimous vote for admission as a full member in the World Federation of Exchanges (the “WFE”), the trade association for the operators of regulated financial exchanges. The NSE was elected as a Federation member during the 54th General Assembly and Annual Meeting [...]
Omoluabi Savings & Loans lists on ASeM
The Nigerian Stock Exchange on Tuesday, November 4, 2014, listed five billion shares of Omoluabi Savings and Loans Plc. at 55 kobo per share on its Alternative Securities Market. Speaking during the listing ceremony, Mr. Oscar N. Onyema, OON, CEO, The NSE, commended the State Government for making the decision to privatise the company through [...]
NSE, CBi Launched Corporate Governance Rating System
The Nigerian Stock Exchange (NSE) with the Convention on Business Integrity (CBi) launched the foremost Corporate Governance Rating System (CGRS) in Nigeria today, November 03, 2014. The Corporate Governance Rating System (CGRS) is designed to rate companies listed on The Nigerian Stock Exchange based on their corporate governance and anti-corruption culture, thereby improving the overall [...]
NSE Signs Capital Market Agreement with LSEG
The Nigerian Stock Exchange (NSE) and London Stock Exchange Group (LSEG) signed a capital markets agreement at the UKTI and the Emerging Capital event held at the Nigerian Stock Exchange. The objective of the agreement is to strengthen cooperation and promote mutual development between the two exchanges. The agreement supports African companies seeking dual listings [...]
Foreign Investors Undeterred by Challenges Facing Africa
While the continent continues to faces both economic and security challenges, it remains an attractive region for foreign investment. This is according to members of the 'Achieving Africa’s Growth Agenda' panel discussion at the World Economic Forum Annual Meeting 2015. Panelists included South African President Jacob Zuma, Rwandan President Paul Kagame, Nigeria Stock Exchange chief [...]
NSE Hosts Diaspora Investor Forum
In line with its commitment to improving financial literacy and enhancing investors' participation in the Nigerian capital market, The Nigerian Stock Exchange (NSE), in collaboration with the Embassy of Nigeria, Switzerland, Nigerians in Diaspora Organization (NIDO) and Capital Bancorp Plc organized Investor Forum in Zurich, Switzerland targeted at Diaspora Nigerians in Switzerland and across Europe [...]
CBN Governor Visits The Exchange
The Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, CON, was at The Nigerian Stock Exchange on Thursday, February 12, 2015 for the Closing Gong Ceremony. The event provided key capital market stakeholders a unique opportunity for a close interaction with the CBN Governor on some of the issues affecting the Nigerian capital market [...]
Interbank rates ease on government budget cash flow
Nigerian interbank lending rates fell to 9 percent on average on Friday compared with 25 percent last week in anticipation of monthly budgetary allocations to government agencies. Nigeria distributes revenue from oil exports among its three tiers of government – federal, states and local government – every month. Dealers said February allocations would filter through… [...]