19
JunTHE NIGERIAN STOCK EXCHANGE MARKET REVIEW
THE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR JUNE 10th – 14th, 2024 Equity Turnover : Last week, the market open on the floor of the Exchange for four days, due a national public holiday(Democracy Day). Investors traded a total turnover of 2.633 billion shares worth N43.652 billion in 33,709 deals. […]
04
JunCBN REVOKES HERITAGE BANK LICENSE
The Central Bank of Nigeria (CBN) has revoked Heritage Bank Plc’s banking license immediately, citing persistent financial instability and regulatory breaches. This decision aligns with the CBN’s mandate to uphold a stable financial system in Nigeria, as outlined in Section 12 of the Banks and Other Financial Institutions Act (BOFIA)[…]
03
JunTHE NIGERIAN STOCK EXCHANGE MARKET REVIEW
THE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR MAY 27th – 31th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 2.189 billion shares worth N31.303 billion in 39,362 deals. This represents a decrease in value compared to the previous week, where[…]
29
MayDANGOTE REFINERY CONSIDER DUAL LISTING
Dangote Refinery, Nigeria’s crown jewel in the energy sector, is revving up for a groundbreaking move. A dual listing on both the London and Lagos stock exchanges. This ambitious decision, as a senior executive reveals, underscores the grand vision of Africa’s wealthiest individual, Aliko Dangote, who spearheaded the refinery’s creation.[…]
