Adedayo Adejobi
The year 2020 will certainly go down in the history books as one of the most challenging years of modern existence. Early in the year, a global pandemic took the world by storm necessitating a significant change in life and work as we know it. On 23 and 24 March 2020, The Nigerian Stock Exchange (NSE) took steps to preserve the health and safety of its stakeholders by activating its Business Continuity plan which saw the transition to working from home and remote trading in response to the spread of the COVID-19. Since then, The Exchange has maintained seamless working and trading operations, experiencing zero down time.
Nigerian Stock Exchange Bags Best Regulatory Information Management Award Date
30/12/2020
The Nigerian Stock Exchange (NSE or The Exchange) is pleased to announce that it has received the Best Regulatory Information Management award from the Lagos Public Relations Industry Gala and Awards (LaPRIGA Awards) held at the Shell Hall, MUSON Centre, Onikan, Lagos on Saturday, 19 December 2020.
The award which was presented by Mr. Segun Mcmedal, Chairman, Lagos State Chapter of the Nigerian Institute of Public Relations (NIPR), and Ms. Yeye Agnes Shobajo, Member, NIPR was received by Mr. Olumide Orojimi, Head, Corporate Communications, NSE.
According to Chairman, Selection Panel, Muyiwa Akintunde, LaPRIGA Awards 2020, the award was presented to the NSE in recognition of its excellence in public relations and stakeholder engagement practices. “Following our assessment of The Exchange’s activities and the positive feedback from relevant stakeholder groups, the Best Regulatory In
The Nigerian National Petroleum Corporation (NNPC) recorded an increase of 80.12% in trading surplus in December 2020, the figure stood at ₦24.19billion compared to the ₦13.43billion surplus recorded in November 2020.
This was disclosed in the December 2020 edition of the corporation’s Monthly Financial and Operations Report (MFOR), according to the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Kennie Obateru.
Trading surplus or trading deficit is derived after the deduction of the expenditure profile from the revenue in the period under review.
According to Obateru in a statement issued and seen by Nairametrics, the operating revenue of the NNPC Group in December 2020 as compared to November 2020 increased by 33.44% or N137.00billion to stand at N546.65billion.
Nigerian Stock Exchange Revolutionises Public Offerings Subscription With Electronic Platform Date
22/12/2020
The Nigerian Stock Exchange (NSE or The Exchange) is pleased to announce the launch of X-PO, an online platform for the subscription of public offerings (POs) on Friday, December 18, 2020, following the “No Objection” letter received from the Securities and Exchange Commission (SEC).
The X-PO, the first end-to-end online public offerings platform in Africa, is designed to enhance the experiences of stakeholders in the public offerings value chain, by providing a smarter and efficient way to manage public offers in the Nigerian capital market.
As a self-service portal, X-PO allows investors to conveniently subscribe and make payments for public offers through the web and mobile (USSD), avoiding the hassle of physical completion and submission of public offering applications forms and visiting the bank for payment.
Nigerian Stock Exchange Honours Award-Winning Author, Chimamanda Adichie With Digital Closing Gong Ceremony mondovisione.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondovisione.com Daily Mail and Mail on Sunday newspapers.