Kayode Tokede with News Agency Some operators have advocated introduction of capital market studies in secondary schools in Nigeria. They said the introduction would adequately equip younger Nigerians for equitable investment opportunities and better investment culture. The operators gave the…
The Central Bank of Nigeria (CBN) has displayed its commitment towards the development of the Foreign Exchange (FX) market and indeed, the Nigerian financial market, as the apex bank, in collaboration with FMDQ Securities Exchange Limited (FMDQ) and FX Authorised…
By Kayode Tokede In pursuant of the United States Securities and Exchange Commission Rule 144A and regulation, Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced the proposed launch of $300 million Fixed Rate Reset Tier…
By Kayode Tokede Transactions on the Nigerian Exchange Limited (NGX) on Monday began the week on a negative note with investors investment dropping by N20.69billion. Capital market analysts attributed the bearish sentiment to investors’ sell-off interest in medium and large…
By Kayode Tokede Notore chemical industries Plc has reported N6.39billion loss in its result and accounts for full year ended September 30, 2020 as against a loss of N5.75billion reported in full year ended September 30, 2019. The firm reported…
AXA Mansard Insurance Plc, a member of the AXA Group, has released a forecast for its operating scorecards in the third quarter (Q3) of this year wherein it envisaged paying N16.19 billion as claims to its policy holders. Details of…
Nestle Nigeria has said that over 80 per cent of its product portfolio is fortified with micronutrients including Iron. Financial Times had in a presentation stated that more than 60 per cent of its food and drinks products do not meet…
By Kayode Tokede The Equities market of the Nigerian Exchange Limited on Thursday closed for trading activities on a positive posture, to maintain the previous gaining momentum. The bullish performance was a result of investors’ interest in all major sectors…
Neimeth International Pharmaceuticals Plc, a manufacturer of and marketer of pharmaceuticals and animal health products said its board at an emergency board meeting on 31st May 2021 resolved the modality to raise N5 billion capital as approved by shareholders at…
By Kayode Tokede Conoil Plc has reported 62.8 per cent increase in profit before tax to N623.43 million in its unaudited first quarter results for period ended March 31, 2021 as against N382.92million reported in prior first quarter results for…
