NSE Archives - Gambeta News

GOVERNMENT INAUGURATES INCOMPETENT ROAD MAINTENANCE COMMITTEE

Posted on October 14, 2019October 19, 2019 by Gambeta News

Nigeria’s Rivers State Government has inaugurated a committee without the technical expertise for road maintenance According to a statement by the Special Assistant to the Rivers State Governor, Mr. Simeon Nwakaudu, a Road Maintenance Agency committee has been inaugurated in the state. These professionals will constitute the Road Maintenance Agency Committee; Prince Timothy Nsirim – Chairman Mr. Fyneman Olungwe – Secretary Chief Ogbams Ojimah – Member Mr. Sunny Bekwanwa – Member Mr. Destiny Nganibo –…

DANGOTE CEMENT AND MTN NIGERIA BATTLE FOR BIGGEST COMPANY ON THE NSE

Posted on August 23, 2019 by Gambeta News

MTN Nigeria Plc is sure giving Dangote Cement a run for its money as they battle for number one spot on the Nigeria Stock Exchange (NSE) Prior to the listing of MTN Nigeria Plc on the Nigerian Stock Exchange (NSE); Dangote Cement had remained unchallenged as the biggest company on the NSE in terms of market capitalization. In May 2019, when MTN Nigeria Plc finally listed on the NSE with a market capitalisation of ₦1.3…

MTN NIGERIA PLC RESTRUCTURES ITS BOARD

Posted on July 31, 2019August 1, 2019 by Gambeta News

MTN Nigeria Plc’s new set of board members made up of highly experienced professionals who will revolutionize the telecom sector. MTN Nigeria Plc by September 2, 2019 will be having an entirely new set of Board members; The new board will be led by former Executive Chairman, Nigerian Communications Commission (NCC) Dr. Ernest Ndukwe. According to a statement on Wednesday (24th July, 2019) signed by the company’s secretary Uto Ukpanah; Dr. Ernest Ndukwe will be…

AIRTEL AFRICA BECOMES 3RD LARGEST STOCK ON NSE

Posted on July 16, 2019July 16, 2019 by Gambeta News

Congratulations to Airtel Africa as they successful listed on the Nigerian Stock Exchange (NSE) on Tuesday 9th July, 2019. Recently there seems to be a craze to list on the Nigerian Stock Exchange (NSE) especially by companies in the Telecoms Sector. First, it was MTN Nigeria and now Airtel Africa has followed suit. After the postponement of the listing process of Airtel Africa; which is the one of the continent’s telecoms giant on Friday (5th…

AIRTEL NIGERIA LISTING ON NIGERIAN STOCK EXCHANGE (NSE)

Posted on July 8, 2019 by Gambeta News

Story so far… on Airtel Nigeria’s listing process on the Nigerian Stock Exchange (NSE) On Friday, 5th July 2019 the planned listing of Airtel Nigeria on the Nigerian Stock Exchange (NSE) market was postponed. According to NSE’s statement, the postponement was to make sure the telecommunications company Airtel Nigeria; meet all the requirement needed to list on the market. The telecommunications giant plans to list 3,758,151,504 ordinary shares of Airtel Africa Plc at 363 naira…

AIRTEL NIGERIA APPLIES FOR LISTING ON NSE

Posted on June 20, 2019 by Gambeta News

Airtel Nigeria officially applies to be listed on Nigeria Stock Exchange (NSE) Just a month after MTN Nigeria successfully received SEC’s approval for its NSE listing and also registered 20.345bn ordinary shares; Airtel Nigeria, have also officially applied to follow in the same process. According to reports, one of Nigeria’s foremost telecommunications services provider; Airtel Nigeria Limited have filed an application with the Securities and Exchange Commission (SEC) to list its shares on the Nigerian…

MTN NIGERIA COMPLETES REGISTRATION WITH SEC.

Posted on May 9, 2019May 9, 2019 by Gambeta News

MTN Nigeria completes registration of 20.345 billion ordinary shares with SEC. MTN Nigeria on Tuesday (7th May, 2019); announced that it has finally completed registration with the Securities and Exchange Commission (SEC). The Telecoms giant registered 20.345 billion (20,354,513,050) ordinary shares of N0.02 each. According to Ferdi Moolman, the Chief Executive Officer of MTN Nigeria; the MTN Nigeria registration with SEC, is another milestone towards the company’s intent to listing by introduction on the Nigerian…

MTN NIGERIA CONVERTS FROM LTD TO PLC

Posted on April 26, 2019August 23, 2019 by Gambeta News

MTN Nigeria converts to Plc so as to list on the Nigerian Stock Exchange MTN Nigeria recently announced its conversion from a Private company (Ltd) to a Public Limited Company (Plc). In a statement released on Wednesday April 24 2019; the telecom company, now MTN Nigeria Communications Plc gave reason for its conversion as being a legal requirement and key milestone for its listing on the Nigerian Stock Exchange (NSE). According to the statement, listing on…

NIGERIA SOCIETY OF ENGINEER (OMOKU BRANCH): TRAINING EVENT USING EPANET

Posted on February 26, 2018March 19, 2018 by Gambeta News

Nigeria Society of Engineers omoku branch is holding a 3-day training on planning, design and modelling of water distribution/reticulation system using epanet. The objective of the training is to teach participants the basics in planning, designing and modelling of water demand and distribution using the software. Participant will learn the fundamentals of practical design approach. The course is designed for professional researcher, civil engineers, project managers, water resource consultants, infrastructure consultant, project manager, water resource consultants,…

NSE’s VOLUME INCREASED BY N42.5bn FROM LAST WEEK’s TRANSACTION.

Posted on February 1, 2018 by Gambeta News

NSE’s N42.5bn increase due to heavy transaction last week Following the large transactions in the shares of some companies especially Transnational Corporation (TRANSCORP), and First City Monument Bank (FCMB) last week. This increased the amount of shares traded with a turnover of 7.157 billion shares worth N42.545billion were recorded in 39,037 deals by investors on the floor of the Nigerian Stock Exchange (NSE). This volume of shares traded was, however, higher than a total of 5.011 billion…

ALTERNATIVE CONSTRUCTION METHOD TO BE UNVEILED BY NSE

Posted on October 26, 2017 by Gambeta News

NSE to collaborate with COREN to create alternative construction methods and check unqualified Engineers. The Nigerian Society of Engineers (NSE) to unveil alternative construction method that will be cheaper and durable during the forth coming International Conference and Annual General Meeting tagged Unity 2017 with the 2-day conference theme “Civil Infrastructure Development in a Challenging Economy.’’ NSE’s National Chairman, Mr Adem Ekpo-Bassey, ”We choose the theme because we are just coming out of recession and infrastructural development is…

OANDO SHARES SUSPENDED IN THE STOCK MARKET

Posted on October 19, 2017 by Gambeta News

NSE suspends Oando Shares and plans forensic audit Stockbrokers have been directed by a notice dated 18th October 2017 from the Nigerian Stock Exchange (NSE) to place Oando Plc shares on full suspension for 48 hours. A full suspension is the halt of trading activities in a listed security for a period. A technical suspension is the interruption of price movement in a listed security for a period so that any dealings in the securities which…