By Kayode Tokede MRS Oil Nigeria Plc, a major oil marketing firm has released its statement of comprehensive forecast for second quarter 2021 with revenue projected at N49.25billion compared with N23.6 billion forecasted for Q1 2021. The oil marketer also…
By Kayode Tokede Sterling Bank Plc, a major player in Nigeria’s banking sector has released its earnings forecast for second quarter ended June 30, 2021 with projected profit after tax of N3.74 billion, a 78.8per cent improvement of N2.03 billion…
By Kayode Tokede Ardova Plc, former Forte Oil has on Tuesday announced plans to establish a N60billion bond issuance programme with the potential issuance of series of bonds under the Programme. Acting Company Secretary/General Counsel, Oladeinde Nelson – Cole in…
The Association of Capital Market Academics of Nigeria (ACMAN) has attributed the current lull in the Nigerian Stock Exchange (NSE) to profit taking by domestic and foreign investors. ACMAN President, Prof. Uche Uwaleke, said this in an interview on Monday,…
Learn Africa Plc, a quoted company on the Nigerian Stock Exchange which is into publishing and distribution of educational materials for all levels of learning has released its earnings forecast for the first quarter period ended June 30, 2021 with…
The local bourse resumed the first trading week on a bearish note with key performance indicators dropping by 0.22 per cent, amid profit taking in 19 stocks. Speficially, the All-Share Index, which opened the week at 38,648.48 basis points lost…
Courteville Business Solutions Plc, a Nigeria-based company engaged in providing e-business solutions and advisory services has released its projected statement of account for second quarter (Q2) ending June 30, 2021 with total income put at N682.6million. The company also projected…
By Kayode Tokede FMDQ Securities Exchange Limited (FMDQ Exchange) approved the Listing of the Fidelity Bank Plc Series 1 N41.21 billion Fixed Rate Subordinated Unsecured Bond under its N100 billion Bond Issuance Programme to its Platform. The concurrent listings and…
By Kayode Tokede Ecobank has reiterated that it remains the partner of choice in Africa for export trade because of its unique positioning, wide network, pan African payment switch, settlement capabilities, award winning digital products and strategic focus. Executive Director,…
By Kayode Tokede A total turnover of 1.675 billion shares worth N23.541 billion in 21,732 deals were traded in the week by investors on the floor of the Exchange, in contrast to a total of 2.092 billion shares valued at…
