Saturday, August 24, 2019
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Top investors lose $1bn as China's Nasdaq-style board reverses on day two

The biggest shareholders in China’s new Nasdaq-style STAR Market lost a combined $1 billion in the second day of trade on Tuesday, a day after the board’s roaring debut created three new billionaires.

Ellah Lakes Plc (ELP) on Monday successfully listed an additional 1,880,000,000 shares on the main board of the Nigerian Stock Exchange (NSE).

Shareholders approve Nestle's N30.52bn final dividend

COMFORT EKELEME

Shareholders of Nestle Nigeria Plc on Tuesday approved a final dividend payment of N30.52 billion recommended by the company for the financial year ended December 31, 2018.

SEC, NSE streamlining listing process to encourage more listings

COMFORT EKELEME

The Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) have moved to make the processes involving listing on the exchange more efficient and cost effective by streamlining the approval process between the commission and NSE.

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