By Kayode Tokede The Securities and Exchange Commission (SEC) has commenced the implementation of the regulatory capacity improvements under the risk-based supervision framework and capacity building project. The project funded from the AfDB Group administered/Capital Markets Development Trust Fund is…
By Kayode Tokede As a securities exchange with a commitment to facilitate growth and development in the Nigerian debt capital market (DCM) and the Nigerian economy at large, FMDQ Securities Exchange Limited (FMDQ Exchange) continues to show its commitment to…
By Kayode Tokede The Debt Management Office (DMO), has announced the auctioning of three tranches of Federal Government bonds of N150billion at N1,000 per unit. The DMO in a disclosure, said that the three bonds are valued at N50 billion…
By Kayode Tokede Transactions on the Nigerian Exchange Limited (NGX) on Tuesday closed transactions on a positive note to reverse the previous day’s bearish sentiment, as investors recovered N318 billion. The upturn was buoyed by investors’ buy-sentiment in some blue-chip…
By Kayode Tokede The Board of Flour Mills of Nigeria Plc (FMN), has announced the payment of N6.8 billion to its shareholders as the final dividend for the period ended March 1, 2021. According to a notice filed with the…
By Kayode Tokede Nestlé S.A, a leading multinational food and beverage company, has invested an additional N175.2 million in shares of its Nigerian Subsidiary (Nestlé Nigeria Plc). This disclosure was made by Nestlé Nigeria Plc, in a notification issued and…
By Kayode Tokede Despite reporting increase in revenue, Tantalizers Plc reported N57.6million loss in half year ended June 30, 2021 as against a loss of N99.56million reported in prior half year results. The fast food restaurant company also reported N57.5billion…
By Kayode Tokede The Nigerian stock market closed transactions for the first day in the new week yesterday on a negative note, as market capitalisation dropped by N127billion. In summary, the All-Share Index (ASI) declined by 0.63 per cent or…
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…
