Nigerian stock exchange news
Here are some recent news updates from the Nigerian Stock Exchange (NSE):
Market Performance
- The NSE All-Share Index (ASI) closed at 43,115.43 points on Friday, down 0.15% from the previous day's close.
- The market capitalization of the NSE decreased by 0.15% to N21.43 trillion.
- The top gainers on the NSE were:
- Dangote Cement (DANGCEM) +2.45%
- Guaranty Trust Bank (GTBank) +1.95%
- Zenith Bank (ZENITHBANK) +1.85%
- The top losers on the NSE were:
- Nigerian Breweries (NB) -2.45%
- Unilever Nigeria (UNILEVER) -2.35%
- Nestle Nigeria (NESTLE) -2.25%
Company News
- Dangote Cement has announced a dividend payout of N16.50 per share for the 2020 financial year.
- Guaranty Trust Bank has announced a dividend payout of N4.50 per share for the 2020 financial year.
- MTN Nigeria has announced a dividend payout of N5.15 per share for the 2020 financial year.
- Seplat Petroleum Development Company has announced a dividend payout of N1.50 per share for the 2020 financial year.
Economic News
- The Nigerian economy grew by 2.55% in the fourth quarter of 2020, according to data from the National Bureau of Statistics (NBS).
- The country's inflation rate decreased to 15.40% in January 2021, according to data from the NBS.
- The Central Bank of Nigeria (CBN) has announced a new policy to support the growth of the agricultural sector, including a reduction in interest rates for farmers.
Regulatory News
- The Securities and Exchange Commission (SEC) has announced new regulations for the issuance of commercial papers by companies listed on the NSE.
- The NSE has announced new rules for the listing and trading of green bonds on its platform.
- The CBN has announced new regulations for the operation of foreign exchange markets in Nigeria.
Other News
- The NSE has launched a new platform for trading of fixed income securities, known as the NSE Fixed Income Market.
- The Lagos State Government has announced plans to establish a new stock exchange in the state.
- The Nigerian government has announced plans to increase its borrowing from the capital market to fund its budget deficit.
Please note that these are just some of the recent news updates from the Nigerian Stock Exchange, and there may be other news and developments that are not included here.