Nigerian Stocks were fired up at the last trading session of the week cumulatively. The All-Share Index and Market Capitalization appreciated by 7.46% to close the week at 36,804.75 and N19.236 trillion respectively. Investors gained N1.33 trillion. A total turnover of 1.893 billion shares worth N17.647 billion in 20,660 deals was traded this week by […]
Tag: XNSA_FTNCOCOA
NSE fines 38 firms N429.5 million over 52 offences
No fewer than 38 firms will pay a fine totalling N429.5 million. The fine was imposed by the Nigerian Stock Exchange (NSE) over the firms’ failure to file their financial statements as of when due last year. According to a recent report from the bourse, the fine was slammed on the firms for 52 offences […]
NSE to sanction Fidelity Bank, others for late filing of reports
The Nigerian Stock Exchange (NSE) has announced plans to sanction 28 companies for failing to meet post-listing requirements. This include defaultment in timely release of operational reports and financial statements. The list of offenders released by the exchange include three commercial banks, a microfinance bank, three mortgage bankers, five insurance companies, one investment management firm […]
These listed firms are among the top non-oil exporters in the country
Dangote Cement Plant The Central Bank of Nigeria (CBN) last week released its Annual report for the years 2016 and 2017. In addition to reporting about the Bank’s activities, the report also contains information about the top 100 exporters in the country. Goods valued at $909 million were exported by 100 companies last year. 13 […]