Tag: NSE

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NGSE Begins 7.5% FG’s VAT Implementation On Transactions Fees Monday

NGSE Begins 7.5% FG’s VAT Implementation On Transactions Fees Monday

The management of the Nigerian Stock Exchange NSE), on Thursday informed stockbroking firms that implementation of the Finance Act 2019, signed into l...
Dangote Cement Seeks Approval To Buy-Back 10% Of Issued Shares

Dangote Cement Seeks Approval To Buy-Back 10% Of Issued Shares

Directors of Dangote Cement Plc, on Friday, has scheduled an extraordinary general meeting for January 12, 2020, where shareholders are to consider a ...
NSE Lifts Suspension On Trading In Shares Of FTN Cocoa Processors

NSE Lifts Suspension On Trading In Shares Of FTN Cocoa Processors

The Nigerian Stock Exchange (NSE), on Tuesday, December 10, 2019, said it has lifted the suspension placed on FTN Cocoa Processors Plc, one of the 11 ...
Insurers Recapitalisation: NIA Team Visits NGSE, Woos Investors, Explore M&As

Insurers Recapitalisation: NIA Team Visits NGSE, Woos Investors, Explore M&As

Council members of the National Insurance Association (NIA), a trade group in the country's underwriting industry, were at the Nigerian Stock Exchange...
FG Set To Charge VAT On NGSE Transactions July 25, Unless…

FG Set To Charge VAT On NGSE Transactions July 25, Unless…

The Federal Government will from Thursday, July 25, 2019, restore Valued Added Tax (VAT) on all stock market transactions, following the exemption of ...
IFC Plans Sale Of 14.1% Ecobank Stake To African Focused Investment Firm

IFC Plans Sale Of 14.1% Ecobank Stake To African Focused Investment Firm

The International Finance Corporation (IFC) says it is in advanced discussions along with its IFC Asset Management with a leading Dutch investment fir...
Airtel Africa To List on NGSE, LSE, Eyes $749m IPO

Airtel Africa To List on NGSE, LSE, Eyes $749m IPO

Nigerian unit of India’s Bharti Airtel Limited said it going ahead with its planned listing on the Nigerian Stock Exchange (NSE), just as it is eyeing...
MTN To List Nigerian Unit In 2019Q2, Divest Stake In Jumia, IHS

MTN To List Nigerian Unit In 2019Q2, Divest Stake In Jumia, IHS

South Africa’s telecoms giant MTN said in a statement on Thursday it would finally list its Nigerian unit on the Nigerian Stock Exchange (NSE) during ...
2018 Full-Year Dividend Payout: Transcorp Share Price Down 9.94%

2018 Full-Year Dividend Payout: Transcorp Share Price Down 9.94%

As anticipated by Investdata News at the weekend, investors, on Monday reacted to full-year audited financials of the Transnational Corporation of Nig...
NDIC Begins Verification Of Fortis MFB Depositors

NDIC Begins Verification Of Fortis MFB Depositors

This is not the best of times for stakeholders, particularly the shareholders of Fortis Microfinance Bank Plc. The Nigerian Deposit Insurance Corpora...
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