Tag: NASD

SEC grants NASD approval to launch digital securities platform
Business

SEC grants NASD approval to launch digital securities platform

The Nigerian Securities and Exchange Commission has approved NASD Plc’s launch of its Digital Securities Platform, powered by Blockstation, under the Regulatory Incubation Program. The Times reported that the NASD in a press statement stated that this follows the Central Bank of Nigeria lifting of the ban on trading in digital assets, which represents a significant step towards […]

Aradel Holdings, two others increase NASD OTC bourse by 1.13%
Business

NASD OTC stock market depreciates by 0.64%

The NASD Over-the-Counter Securities Exchange fell 0.64 percent on Tuesday, August 15, as the health of three admitted equities on the trading platform deteriorated. Following a loss of N1.91 to sell for N74.03 per unit as opposed to Monday’s closing price of N75.94 per unit, FrieslandCampina Wamco Nigeria Plc was the biggest loser in terms […]

Aradel Holdings, two others increase NASD OTC bourse by 1.13%
Business

Nigerian over-the-counter securities rise by 0.38%

The market capitalization of the NASD Over-the-Counter Securities Exchange increased by N4.13 billion, or 0.38 percent, on Monday, August 14, from the N1.090 trillion it ended last Friday to N1.094 trillion. The NASD Unlisted Securities Index, which ended the day at 791.05 points as opposed to the 788.07 points it had concluded at the end […]

Aradel Holdings, two others increase NASD OTC bourse by 1.13%
Business

NASD OTC securities exchanges drops 0.5%

The NASD Over-the-Counter Securities Exchange finished the week’s final trading day in the red after declining 0.5% on Friday, August 11. According to The Times, in contrast to the N1.095 trillion it quoted at the previous session, the NASD market capitalization decreased by N5.52 billion to conclude at N1.090 trillion. The NASD Unlisted Securities Index, […]

Aradel Holdings, two others increase NASD OTC bourse by 1.13%
Business

NASD OTC bourse rises by 4.27% to N1.12 trn

The market capitalization of the NASD Over-the-Counter Securities Exchange increased by 4.27 percent on Wednesday, August 2, reaching a record high. According to Business Post, the NASD OTC bourse’s value surged during the session by N45.88 billion to N1.120 trillion from N1.074 trillion the previous day as the NASD unlisted securities index increased by 33.17 points to […]

Aradel Holdings, two others increase NASD OTC bourse by 1.13%
Business

NASD OTC Securities Exchange drops by 0.08%

The NASD Over-the-Counter Securities Exchange on Monday, July 31, fell by 0.08 percent, subtracting N400 million from the bourse’s overall worth. As a result, the market value of the NASD OTC securities exchange decreased from the N1.077 trillion it reached last Friday to N1.077 trillion. Likewise, the NASD Unlisted Securities Index decreased by 0.30 points […]

Again, FrieslandCampina Wamco drags down NASD OTC market
Business

Again, FrieslandCampina Wamco drags down NASD OTC market

FrieslandCampina Wamco Nigeria Plc was the catalyst once more on Friday, moving the NASD Over-the-Counter Securities Exchange into the bearish territory by 0.94 percent and keeping the market there for an additional trading day. In comparison to the previous trading day’s value of N76.00 per unit, the company’s stock price decreased by N5.19 during the trading […]

Again, FrieslandCampina Wamco drags down NASD OTC market
Business

FrieslandCampina lowers NASD by 0.44%

FrieslandCampina Wamco Nigeria Plc has caused the NASD Over-the-Counter Securities Exchange to settle 0.44 percent lower on Thursday, offsetting the effect of the session’s lone price gainer. According to Business Post, Afriland Properties Plc rose by 9 Kobo yesterday to close at N3.25 per share, up from the company’s closing price on Wednesday of N3.16 […]

SEC to enforce stricter regulations for digital assets
Business

SEC permits security dealers to create digital platform

The Securities and Exchange Commission has granted the National Association of Securities Dealers permission to start implementing its Digital Securities Platform as part of the Regulatory Incubation initiative. NASD Plc is an Over-the-Counter securities exchange that enables trading of all securities of unquoted firms, especially in Nigeria. The SEC created the Regulatory Incubation program to meet the […]