GRF DALLEY NEWSLETTER 0035 – A COMPILATION OF LEGAL NEWS AND EVENTS
Financial stocks lift NSE’s turnover by N17.5bn
As Exchange seals broadcasting deal with CBS
Heavy transactions in the shares of some banks last week, lifted the volume of shares traded, as a turnover of 887.024 million shares worth N17.450billion was recorded in 16,955 deals by investors on the Exchange. This was higher than the 998.973 million units valued at N11.455billion that changed hands in 13,626 deals in the preceding week.
Shell strikes Nigerian gas deal
Royal Dutch Shell is joining forces with a Nigerian company to develop gas pipeline infrastructure in the country in a deal that highlights the push by the world’s biggest energy groups to entrench demand for gas in growing economies of Africa.
Arik Air files N20bn suit against Nigerian govt, Ethiopian Airlines
Arik Air Limited has filled a N20 billion suit against the Nigerian government and Ethiopian Airlines over ‘negotiation’ for the takeover of the airline.
Financial stocks lift NSE’s turnover by N17.5bn
Heavy transactions in the shares of some banks last week, lifted the volume of shares traded, as a turnover of 887.024 million shares worth N17.450billion was recorded.
Fresh Pressure On Nigeria Over Oil Production Cut As OPEC Meets
The pressure on Nigeria to reduce its crude oil production figure of 1.8 million per day is expected to increase as the Organisation of Petroleum Exporting Countries (OPEC) meets on Friday, September 22, 2017 in Vienna, Austria.
Stockbrokers Canvass Easier Access to Asem Board for SMEs
Capital market stakeholders have urged regulators to make the listing requirements for accessing the Alternative Securities Market (ASeM) less stringent to attract more small and medium enterprises (SMEs) participation on the platform, and grow the primary market segment of the Nigerian Stock Exchange (NSE).
