Dangote, Airtel Africa, Ecobank up W/W, investors gain N1.33 Trillion

Dangote, Airtel Africa, Ecobank up W/W, investors gain N1.33 Trillion

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 […]

NSE to sanction Fidelity Bank, others for late filing of reports

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 […]