Oscar Onyema completes tenure as CEO of Nigerian Stock Exchange

Oscar Onyema completes tenure as CEO of Nigerian Stock Exchange

Oscar Onyema completes tenure as CEO of Nigerian Stock Exchange     Oscar Onyema has completed his tenure as the chief executive officer (CEO) of the Nigerian Stock Exchange (NSE) following the successful demutualisation of the exchange that transitioned Onyema into the Group Chief Executive Officer (GCEO) of Nigerian Exchange Group (NGX Group) Plc. In commemoration of his exemplary leadership, he was honoured with a digital Closing Gong Ceremony on Thursday, 1 April 2021, a press statement from the exchange said on Tuesday. Speaking at the Closing Gong Ceremony, the…

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How local investors dominate N1.03trn share deals in 2020 – Onyema

Oscar Onyema completes tenure as CEO of Nigerian Stock Exchange

How local investors stimulate N1.03trn share deals in 2020 – Onyema   Oscar Onyema, the chief executive officer of the Nigerian Stock Exchange (NSE) has given details of how the local bourse benefited from dominant participation of local investors in 2020. Delivering his presentation at the NSE’s annual 2020 Market Recap and 2021 Outlook on Tuesday, Onyema noted that while transaction value in the market surged to N1,03 trillion in the year under review, local investors were responsible for most of the share deal, outperforming their foreign counterpart. “Noteworthy is…

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NSE migrates 4 companies from ASEM to Growth Board

Oscar Onyema completes tenure as CEO of Nigerian Stock Exchange

The Nigerian Stock Exchange (NSE) has migrated four listed companies from the Alternative Securities Market (ASeM) to the Growth Board as it launched launch the associated Growth Board Index on Monday. The migrated companies are Chellarams Plc, Living Trust Mortgage Plc, McNichols Plc, and The Initiates Plc. The management of the bourse explained in a press statement made available to Business Metrics that the migration follows the receipt of applications from the companies requesting to be migrated from ASeM, and consequent screening and approval by the National Council of The…

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Onyema tasks new stockbrokers on professionalism

X-Whistle, NSE, whistleblower

Oscar Onyema, the chief executive officer of the Nigerian Stock Exchange (NSE) Oscar Onyema, has counselled newly qualified stockbrokers to uphold the highest ethical standards in their professional practice. Onyema, who addressed the 50 authorised dealing clerks during the Exchange’s first virtual induction ceremony, commended the inductees for their resilience and adaptability to the new learning conditions, in spite of the challenges occasioned by the COVID-19 pandemic. He urged the stockbrokers to put the interest of the market first. According to him, the stockbrokers’ robes represent a commitment to uphold…

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NSE’s 5th market data workshop holds soon​

NSE Market Data Workshop

The Nigerian Stock Exchange (NSE), in partnership with InfoWARE Limited, is set to host the fifth edition of the NSE Market Data Workshop on Friday, October 23, 2020. According to the management of the bourse in a press statement on Sunday, this year’s event will be held virtually in compliance with guidance around physical distancing occasioned by the COVID-19 pandemic. With the theme, “Handling Shocks in the Capital Market: A Quantitative Risk Management Approach Using Market Data”, the workshop has been designed to provide capital market stakeholders – particularly risk…

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NSE nets N1.2trn turnover in 8 months

NSE completes demutualisation but the work has just begun

Expatriates remain aggressive sellers As locals dominate market by 6o.86% ________________________________ Between January and August 2020, various categories of investors dealing in shares at the Nigerian Stock Exchange (NSE) transacted shares worth N1.201 trillion. The figure represents deals by local and portfolio investors, retail traders and their institutional counterparts, who, for a larger part of the period, resorted to remote trading as the NSE trading floor was put under lock due to Coronavirus pandemic. Via the latest portfolio investment report released by the bourse, Business Metrics learnt that the recorded…

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NSE set to engage global securities exchanges on market concerns

investors, NSE, Onyema, Nigerian Stock Exchange, Webinar

The Nigerian Stock Exchange (NSE) is set to host a special webinar on the impact of COVID-19 on the global capital market and the resilience of securities exchanges in supporting economies, on Wednesday, June 10, 2020. The webinar themed, “Capital Markets in a Pandemic”, will feature a panel session to be headlined by Oscar Onyema, the chief executive officer (CEO) of NSE; CEO, Robert Scharfe, Luxembourg Stock Exchange (LuxSE); Nikhil Rathi, CEO, London Stock Exchange (LSE); and Nandini Sukumar, CEO, World Federation of Exchanges (WFE), and moderated by Eleni Giokos,…

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