Browsing Tag

Stock Exchange

NSE market indices makes recovery by 1.09%

The crucial market indicators of the Nigerian Stock Exchange rebounded on Thursday after three consecutive days loss following Nestle and Seplat price rallies. The News Agency of Nigeria (NAN) reports that the market capitalisation…

NSE: Market capitalisation lost N69bn (0.51%) on Tuesday

Activities on the Nigerian Stock Exchange (NSE) returned to the bearish mood on Tuesday following sell pressure in blue chips, forcing the market capitalisation to drop by N69 billion. Specifically, the market capitalisation, which…

NSE: Investors lose N265bn in seven hours

The Nigerian equities market dipped further on Thursday with the market capitalisation losing N265 billion within seven hours of trading due to price loses by blue chips. Specifically, the market capitalisation closed lower at N13.993…

Stock Exchange: NSE postpones Airtel Africa listing

The Nigerian Stock Exchange (NSE) on Friday postponed the planned cross border secondary listing of 3,758,151,504 ordinary shares of Airtel Africa. The Exchange, in a mail, said that the postponement was necessitated by the need to…

SEC: Airtel files application for listing on NSE

Airtel Nigeria has officially filed an application with the Securities and Exchange Commission (SEC) for the listing of its shares on the Nigerian Stock Exchange (NSE). A senior management source, who pleaded anonymity, confirmed the…

NYSE: Jumia lists on New York stock exchange

Jumia Technologies, a pan-African technology company, has listed on the New York Stock Exchange (NYSE), becoming the first-ever technology company from Africa to list on the world’s largest stock exchange. The largest e-commerce…

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