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Capital Market

NSE delists Skye Bank, Fortis

The management of the Nigerian Stock Exchange, NSE, has delisted two companies from the daily official list of the Exchange. This was contained in a statement signed by Lilian Dako for the Head of Listings Regulation Department of the NSE on Wednesday. The two companies are Skye Bank Plc and …

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Stock market investors lose N366bn in three days

Equity investors in the Nigerian Stock Exchange lost a total of N366bn in the last three consecutive trading days. Last week, investors and other stakeholders welcomed the listing of Airtel Africa Plc’s shares on the NSE. The listing, which took place on Tuesday, added N1.36tn to the total market capitalisation …

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SEC opposes joining of Oando in Tinubu’s suit

Counsel to the Securities and Exchange Commission (SEC), Chief Anthony Idigbe (SAN), on Monday opposed an applicatio  seeking to join Oando Plc  in a suit filed its Group Chief Executive Officer, Mr Adewale Tinubu, and his deputy, Mr Omamofe Boyo. They duo are seeking  enforcement of their fundamental rights  before …

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SEC suspends Oando AGM

The Securities and Exchange Commission (SEC) has suspended, till further notice,  Oando Plc’s Annual General Meeting (AGM) scheduled to hold on Tuesday. The suspension followed an order by a Federal High Court in Lagos due to an application made by the Group Chief Executive Officer of Oando Plc, Mr. Adewale Tinubu, …

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