Fidelity bank card banner Camano banner

Osinbajo visits NSE, wants more companies listed

By News Express on 13/11/2016

Views: 1,245


The Federal Government is determined to encourage more companies to list on the Nigerian Stock Exchange (NSE).

This is coming from the Vice President Yemi Osinbajo during his visit to the Nigerian Stock Exchange, on Friday.

On the plan to tackle the economic challenges, the Vice President said that there is need to partner with the broker-dealer community.

“As you know, several major companies have already indicated that they want to be listed on the stock exchange.

“I think for privatised companies, because they are privatised, the decision is not necessarily the decision of government, it has to be the decision of the new owners,” the Vice President told newsmen.

Meanwhile, despite the Vice President’s visit to the Nigerian stock market, the key index ended the week in the red amidst tight system liquidity as bearish sentiment dominated activities.

The all share index tumbled by 3% to finish at 26,170.88 with a market capitalisation of 9 trillion naira.

Investors exchanged 2.84 billion shares, valued at 7.42 billion naira in 16,065 deals.
The financial services industry led the activity chart with 2.63 billion shares, contributing 92.48 percent to the total equity turnover volume.

36 equities depreciated in price and top on that list was CCNN with 14.34%.
Air Service led 17 other price gainers for the week.

Standard Alliance Insurance, Chams and GTBank accounted for 81.16% or volume traded during the week. (Channels TV)

•Photo shows Vice President Osinbajo.

Source News Express

Posted 13/11/2016 09:27:39 AM

 

 

CLASSIFIED ADS

 

You may also like...
Chelsea price tag on John Obi Mikel 'outrageous'...

Four members of the same family die in...

BREAKING: Explosion rocks New York

UNILORIN refuses to join ASUU strike

NIMASA introduces new Cabotage compliance strategy, seeks more...

Trump threatens China of worse Trade Deal In...

Bad boys’ planning to attack banks: Police

Nigeria, Japan sign N642m grant aid project on...

Niger State Govt releases N14m for treatment of...

Microsoft to buy LinkedIn for $26B

Tompolo must appear before me for trial: Judge...

Beyond the other room

 

Latest News Plane loses tyre while landing in Lagos Airport We’re not on vendetta mission, ISOPADEC Probe Panel assures workers MRA condemns police shooting of Channels TV journalist during Shiite protests, calls for independent inquiry AbdulRazaq congratulates Kwara ministerial nominees, Lokpobiri hails Sylva Railway group hails Amaechi’s re-nomination as Minister UBA’s REDTV to light up #UBAmarketplace 2019 with creative panel sessions, fashion shows, cinema, concert Pandemonium as man falls to death in court Ministerial list: Buhari's strategy to distract Nigerians – Atiku’s spokesman Bandits ambush, kill two NAF personnel Screening of ministerial nominees begins on Wednesday, says Lawan El-Zakzaky: Adesina explains why presidency didn't obey court's order Ministerial list: The 13 ex-ministers who lost out

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (511,884 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (432,152 views) Shameless Genevieve Nnaji exposes breasts in public (374,324 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (317,250 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (283,146 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (247,587 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (239,969 views) 10 cars more expensive than Jets (225,152 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (221,752 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (209,297 views) Lagos plane crash: Journalist releases victims’ names (188,820 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (187,399 views)

 

NLNG Job Vacancy

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (97) Business & Economy (4,359) Business Verdict (77) Columnists (1,076) Complaints & Requests (95) Enterprise & Opportunities (211) Entertainment (637) Features (781) Global Business Monitor (396) ICT Monitor (54) International (3,742) Interview (194) Live Commentary (30) Love Matters (164) Maggie's Blog (346) News (49,000) Opinion (1,293) Pidgin (17) Politics (11,185) Religion (1,053) Sports (2,107) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera