Tag: NSE

Nigeria’s NNPC to list on the local stock exchange
Energy

Nigeria’s NNPC to list on the local stock exchange

Nigeria’s national oil company, the Nigerian National Petroleum Corporation, NNPC, said it will take itself public. The NNPC is the continent’s largest producer with over 1.5 million barrels of crude production daily. The NNPC said in a statement that it will list 40% of it’s equity on the local bourse, […]

Global Spectrum Energy Services Lists on the NSE
Big Business

Global Spectrum Energy Services Lists on the NSE

The Nigerian Stock Exchange (NSE) has listed, eight hundred million (800,000,000) ordinary shares of Global Spectrum Energy Services Plc at NGN5 Per Share on its Main Board. This listing added four billion naira (N4,000,000,000) to the market capitalization of The Exchange, further deepening the Nigerian capital market. To commemorate the listing, the Board and Executive Management of Global Spectrum […]

NSE activates suspension of Oando shares
Big Business

NSE activates suspension of Oando shares

As a result of the directive from the Securities and Exchange Commission, SEC, to suspend trading in the sahres of Oando, the Nigerian Stock Exchange said it has executed the order. The NSE said in a statement that: Dealing Members are hereby notified that the Securities and Exchange Commission has […]