Nigeria Stock Exchange News

Location : Nigeria Type: Stock Market

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BusinessDay

Nigeria's capital market: Roadmap for recovery (1)
BusinessDay
In addition to a retreat by local mom-and-pop investors, international investors (which, according to the Nigeria Stock Exchange CEO, hold up to 40 percent of free float equities on the market) also folded back portfolios and have stayed largely away ...

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05/21/2012 02:03 AM

Air Nigeria to Go Public in 2014
AllAfrica.com
By Chinedu Eze, 19 May 2012 Nigeria's major carrier, Air Nigeria would become a public quoted company in 2014, as the management plans to list it in the Nigeria Stock Exchange and sell the shares to the Nigerian public. This was disclosed by the ...

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05/20/2012 08:31 AM

NSE to introduce retail bond trading by Q4
BusinessDay
Nigeria Stock Exchange (NSE) may introduce retail bond trading by the fourth quarter after conducting test trades last week. minimum trades of 100 million naira ($629000) upwards, Dipo Omotoso, assistant general manager of product management, ...

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05/17/2012 12:03 PM

BusinessDay

NSE wants VAT, stamp duty scrapped on transaction fees
BusinessDay
The Nigeria Stock Exchange (NSE) is recommending that the Federal Inland Revenue Service (FIRS) should eliminate Value Added Tax (VAT) on transaction fees, saying that investments should not be categorised as consumer goods purchases.

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05/17/2012 10:11 AM

Nigeria needs one land-line per household – Oyewunmi
Vanguard
Most of them are not even publicly quoted on the Nigeria Stock Exchange. Clearly, their interest as to the nation is questionable. The second challenge is the total lack of collaboration among players in the industry. We can neither legislate nor ...

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05/14/2012 07:53 PM

Leadership Newspapers

NSE, SEC In Verbal Brawl As Capital Market Probe Continues
Leadership Newspapers
Of course, the spending binge undertaken by the Nigeria Stock Exchange (NSE) while the market nearly collapsed was well reported as N186million was spent on 165 Rolex wrist watches, a yacht, foreign trips for top officials among other luxury spending ...

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05/14/2012 06:44 AM

Trading derivatives such as CFD's, Forex, Futures, Options or Spreadbetting carries a high level of risk not be suitable for all investors. Traders should be confident in the risk profile, control systems, training and knowledge. Live derivatives trading not suitable for inexperienced traders.

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