One of the key requirements of companies quoted on the Exchange is the filing of quarterly accounts as they are required to do so within 45 days after the end of the quarter in accordance the Nigerian Stock Exchange Listing Rules.
The Research Department of the International Organization of Securities Commissions today launched a statistics web portal that provides the public with a global overview of specific securities markets.
Provisional data indicated that the major monetary aggregate declined at the end of the third quarter of 2013. Banks’ deposit and lending rates generally exhibited mixed developments during the review quarter. The value of money market assets outstanding
The Exchange is proposing a new set of additions and amendments to the Rules and Regulations Governing Dealing Members (the Rules). The Exchange strives to achieve a balance between economic realities and the need to deter wrongful behavior in the ma
The Nigerian Stock Exchange (NSE or the Exchange) was founded in 1960 and today services the second largest financial center in sub-Saharan Africa. The NSE is licensed under the Investments and Securities Act (ISA), and is registered and regulated by the
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
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 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
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
“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
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