Wednesday, September 19, 2018

Tag "nigeria stock exchange"

    Absa Nigeria, Barclays Africa subsidiary, to join NSE as broker

Absa Nigeria, Barclays Africa subsidiary, to join NSE as broker

Barclays Africa says it will join the Nigerian Stock Exchange (NSE) as a broker in July, Reuters reports.The NSE was named among the best-performing stock markets in the world in 2017.In the past few years, the bourse has been mulling applications from leading global investment banks to join its trading floor to boost foreign investment in Nigeria.Speaking on Thursday in [...]

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    MTN to raise N400bn on NSE after listing

MTN to raise N400bn on NSE after listing

Ralph Mupita, chief financial officer at MTN Nigeria, says the company hopes to raise N400 billion from its debt issuance when it gets listed on the Nigerian Stock Exchange later in the year.Speaking in a Bloomberg interview, Mupita said the proceeds will be used to fund local investment and replace existing debt.Getting listed on the stock exchange had been one [...]

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    Oliseh to ring closing bell at the Nigerian Stock Exchange

Oliseh to ring closing bell at the Nigerian Stock Exchange

Super Eagles coach, Sunday Oliseh, will perform the significant ringing of the bell at the closing of business at the Nigerian Stock Exchange (NSE) on Monday, August 17.Oliseh will attend the event at the NSE in Lagos in the company of Amaju Pinnick, president of the Nigeria Football Federation and vice presidents Seyi Akinwunmi and Shehu Dikko.“The ringing of [...]

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Exchange Rates

September 20, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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