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November 16, 2018

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International Breweries appoints new director

Daily Market ReportBy Samuel ObayomiNovember 16, 2018

The Board of International Breweries Plc has appointed Mr Andrew Murray as a non-executive director of the company. Murray is currently the Vice President, Finance, AB InBev Africa. He leads the finance function across the AB InBev Africa operations and is based in Johannesburg, South Africa. “He was the Global Director, AB InBev M&A, based…

CISI, NSE collaborate to train financial professionals

Daily Market ReportBy Samuel ObayomiNovember 16, 2018

The Chartered Institute for Securities & Investment has struck a new partnership with the Nigerian Stock Exchange to provide training for CISI’s qualifications in Nigeria under the auspices of X-Academy, the NSE’s knowledge platform. The partnership, according to a statement, will result in CISI accrediting X-Academy as its training partner in Nigeria for qualifications including…

SEC extends regularisation deadline for multiple share accounts

Daily Market ReportBy Samuel ObayomiNovember 16, 2018

The acting Director General, Securities and Exchange Commission, Ms Mary Uduk, has announced the extension of the forbearance window for the regularisation of multiple subscriptions held by shareholders to December 2019. Uduk, while addressing journalists at the third Capital Markets Committee meeting in Lagos on Thursday, said the decision was jointly made by members of…

FCSL DAILY MARKET REPORT 15TH NOVEMBER 2018

Daily Market ReportBy Samuel ObayomiNovember 16, 2018

Equities Market The Nigerian equities Bourse touched a new low for the current month, as both NSE ASI and market capitalization decreased by 0.76% respectively, as they both closed at 31,864.80 points and N11,633.11tr respectively. Year-to-Date ASI is at a negative of 16.73%. Value of trade and No of trades both decreased by 1.80%, and…

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