By Kayode Tokede The Securities and Exchange Commission (SEC) is set to hold the Second Capital Market Committee (CMC) meeting in 2021 from this week. The meeting is scheduled to hold virtually through Zoom with key stakeholders in the capital…
By Kayode Tokede Despite the prevailing difficult macro-economic environment, Sterling Bank Plc, a full service national commercial bank has reported a profit after tax (PAT) of N5.691 billion on gross earnings of N68.609 billion for the half year ended June…
By Kayode Tokede Northern Nigeria Flour Mills Plc has announced that it will pay an interim dividend of 15 kobo per ordinary share to its shareholders. The payment which is subject to appropriate withholding tax and approval will be paid…
By Kayode Tokede with news Agency The Group Chief Executive Officer, Nigeria Exchange Group Plc, Mr Oscar Onyema, has said demutualisation will reduce conflict of interests in the shareholder-owned entity and support agile decision-making. Onyema said this at the Association…
By Kayode Tokede Performance in the Nigerian stock market was positive last week with the benchmark index closing in the green on four of the five trading sessions. In line with capital market analysts’ expectations, positive sentiments returned to the…
The International Finance Corporation (IFC) in partnership with the Nigerian Exchange Limited (NGX) have scored Nigerian companies better than global average in some aspects of women’s participation in the work place. A study under the Nigeria2Equal initiative, by the IFC…
The International Finance Corporation (IFC) in partnership with the Nigerian Exchange Limited (NGX) have scored Nigerian companies better than global average in some aspects of women’s participation in the work place. This was contained in a new report under the…
The Board of Consolidated Hallmark Insurance Plc has approved the payment of an interim dividend of N214.09 million representing 2 kobo per share on all the outstanding 10,704,500,000 shares of the company for the period ended June 30, 2021. According…
By Kayode Tokede Some economists on Thursday said that unlocking Nigeria’s dead capital in residential real estate, agriculture and driving its export diversification agenda would catalyse the nation’s economic recovery. They spoke at a webinar organised by the Lagos Chamber…
By Kayode Tokede Transactions on the Nigerian stock market yesterday closed on a negative note to halt the four consecutive trading sessions of bullish sentiment, as investors’ investments declined by N66 billion. The downturn was buoyed by price depreciation in…
