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NSE Launches X-Mobile to Boost Investors Participation
The Nigerian Stock Exchange (NSE) recently launched X-Mobile, an app set to help boost investor participation. The app is described as a dynamic and user-friendly mobile app that was created to increase investors’ participation in the Nigerian capital market. X-mobile was launched at the 2019 NSE Market Data Workshop. The event took place yesterday at Harbour Point, Victoria Island, Lagos.
About NSE’s X-Mobile
X-Mobile is designed for Nigerian capital market participants especially retail investors. With the app, investors can gain access to The Exchange activities. The app was designed to give investors convenient, faster and real-time access to The Exchange’s activities. X-Mobile features market snapshots, stock prices, market analytics, financial news, dealing member’s directory and trade simulation. The app allows users to create personalized watch lists to keep track of chosen securities, eliminating the need to access multiple information sources.
X-Mobile is available on Google Play Store and the app is a free app. The IOS version isn’t available yet but it is already in its testing phase and would be made available soon.
NSE Speaks on X-Mobile
The Divisional Head, Trading Business, NSE, Mr Jude Chiemeka, spoke about the app. He stated that the app is consistent with NSE’s new strategic intent to leverage on the Fourth Industrial Revolution (4IR) and the era of Digitization to enhance the operation of the market. He talked about how the app will complement the NSE website and other NSE portals currently being used to provide information to market stakeholders.
Chiemeka stated that they will continue to leverage technology with a customer-centric focus to make financial services more inclusive and to provide a superior customer experience in the access and use of capital.
The Head of Strategy and Research at the NSE, Mr Okon P. Onuntuei, also spoke about the app. He stated that they are extremely excited about launching X-Mobile. Onuntuei stated the app is one of many ways of reaching their ambitious goal to enlighten 25 million retail investors in Nigeria and diaspora. According to him, NSE believes the platform will become the primary interface for Nigerians to stay abreast of global market trends and domestic economic performance, as well as provide continuous insights to opportunities for portfolio rebalancing.
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NSE wins award for CSR initiatives
The Nigerian Stock Exchange says it has received a ‘Rotary Outstanding Invaluable Company Award’ from the Rotary International District 9110, Nigeria for its Corporate Social Responsibility initiatives.
The District Governor, Rotary District 9110, Mr Kola Sodipo, in a notification letter, said the award was bestowed on the NSE based on its “impactful Corporate Social Responsibility projects in the areas of education, health, economic and youth empowerment and environment, among others.”
He said the Rotary considered such initiatives invaluable in the service to humanity.
The award was presented to the NSE at the 2019 edition of the Rotary Friendship Night/Governor’s Magazine Launch/Awards, which hosted the Consular General of Germany in Nigeria, Dr Stefan Traumann, as the guest speaker.
The Head, Corporate Communications, NSE, Mr Olumide Orojimi, noted that the Exchange was committed to strengthening its engagements and deepening its impact through social interventions across Nigeria.
He said, “NSE is changing the educational outcomes of children in the North-East through the donation of Maisandari Alamderi Model Nursery and Primary School in Borno State.
“Through our community interventions in health, education and financial literacy across the country, we will continue to play our part towards realising the Sustainable Development Goals, thereby increasing the chances of achieving a better and more sustainable future for all”.
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99 Billion Dollars Pounds 💰 HOW DO YOU CALCULATE THIS...? 😶🤔 👕 Available in various colours and sizes • #getpaid #99 #billions #dollars #pounds #America #london #lagos #africa #money #stockexchange #nigerianstockexchange #naira #money #pictureoftheday #photooftheday #apparel #clothing #fashion #fashionista #fashionblogger#route99 (at Lagos State) https://www.instagram.com/p/BxuCz6MnzeN/?igshid=2nca73t2jusr
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#interswitch #nigerianstockexchange #bond #digitalpayments #investments
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Actis LLP will also be attending this year’s forum. Watch this space for more of our company attendees. – www.ncmarketsforum.com #NigerianCapitalMarketsForum #NCMF #NigerianCapitalMarkets #NigerianStockExchange #NigerianMarkets #Africa #BusinessInNigeria #BusinessInAfrica #NCMarketsForum #NigeriaBusinessTalk #DiversifiedEconomy #NigerianEconomy #TradeInNigeria #OpportunitiesInNigeria #NCMforum
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MTN Pays 30 Billion Naira In Part Settlement Of FG’s Fine MTN has made a payment of 30 billion Naira ($98 million) to the Nigerian government in part settlement of a 330 billion naira fine imposed on the telecoms group for not disconnecting unregistered SIM cards. According to reports, an #MTN source revealed on Thursdayf that the Africa's largest telecoms company has already paid 80 billion naira of the total amount owed. The fine is due for payment in six instalments over three years. MTN Nigeria was originally fined $5.2 billion last October for failing to deactivate more than five million unregistered SIM cards, but the fine was reduced in a settlement that paved the way for MTN to list its subsidiary on the #NigerianStockExchange. (at Port Harcourt)
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NPF Microfinance Bank declares N180.7m profit, proposes five kobo dividend
NPF Microfinance Bank declares N180.7m profit, proposes 5 kobo dividend:The NSE , had http://bit.ly/fYGMy8
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99 Billion Dollars Pounds 💰 HOW DO YOU CALCULATE THIS...? 😶🤔 👕 Available in various colours and sizes • #getpaid #99 #billions #dollars #pounds #America #london #lagos #africa #money #stockexchange #nigerianstockexchange #naira #money #pictureoftheday #photooftheday #apparel #clothing #fashion #fashionista #fashionblogger#route99 (at Lagos State) https://www.instagram.com/p/BxuCwpGnIYH/?igshid=1lo9r1in2swni
#getpaid#99#billions#dollars#pounds#america#london#lagos#africa#money#stockexchange#nigerianstockexchange#naira#pictureoftheday#photooftheday#apparel#clothing#fashion#fashionista#fashionblogger#route99
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99 Billion Dollars Pounds 💰 HOW DO YOU CALCULATE THIS...? 😶🤔 👕 Available in various colours and sizes • #getpaid #99 #billions #dollars #pounds #America #london #lagos #africa #money #stockexchange #nigerianstockexchange #naira #money #pictureoftheday #photooftheday #apparel #clothing #fashion #fashionista #fashionblogger#route99 (at Lagos State) https://www.instagram.com/p/BxuCgiOn0gw/?igshid=l1wu2ir2edn9
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This exclusive forum will bring together forward-thinking African focused investors to discuss ways to strategically position themselves, develop partners and discover potential business opportunities. Don’t miss out on this opportunity, register to save your space today. - www.ncmarketsforum.com #NigerianCapitalMarketsForum #NCMF #NigerianCapitalMarkets #NigerianStockExchange #NigerianMarkets #Africa #BusinessInNigeria #BusinessInAfrica #NCMarketsForum#NigeriaBusinessTalk #DiversifiedEconomy #NigerianEconomy #TradeInNigeria #OpportunitiesInNigeria #NCMforum
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The Nigerian Capital Markets Forum will also be highlighting “challenges and opportunities in the Nigerian markets”, and also engage in a lively discussion on this timely and critically important topic. – www.ncmarketsforum.com #NigerianCapitalMarketsForum #NCMF #NigerianCapitalMarkets #NigerianStockExchange #NigerianMarkets #Africa #BusinessInNigeria #BusinessInAfrica #NCMarketsForum #NigeriaBusinessTalk #DiversifiedEconomy #NigerianEconomy #TradeInNigeria #OpportunitiesInNigeria #NCMforum
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Nigerian Capital Markets Forum brings together a group of experienced participants from across the country and internationally to discuss and share knowledge on Investment Opportunities in Nigeria. Register today to save your space. – www.ncmarketsforum.com #NigerianCapitalMarketsForum #NCMF #NigerianCapitalMarkets #NigerianStockExchange #NigerianMarkets #Africa #BusinessInNigeria #BusinessInAfrica #NCMarketsForum #NigeriaBusinessTalk #DiversifiedEconomy #NigerianEconomy #TradeInNigeria #OpportunitiesInNigeria #NCMforum
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