By Kayode Tokede Nestle Nigeria reported 48.6 per cent growth in its trade and other payables in 2020 financial year for period ended December 31, 2020 that weaken revenue and profits. The company reported N116.5billion Trade& other payables in 2020 as against…
By Kayode Tokede The Attorney General Alliance Africa in collaboration with the Securities and Exchange Commission (SEC) is organizing a webinar from 2nd to 3rd March 2021 with the theme “Curbing the Tide of Ponzi schemes: The Role of the…
By Kayode Tokede Wema Bank plc has reported 3.01 per cent increase in its unaudited result and accounts for full year ended December 31, 2020 Profit Before Tax (PBT) to N6.96billion as against N6.77billion PBT reported in audited full year…
By Kayode Tokede Unilever Nigeria plc has announced plans to separate its tea business into a separate legal entity. The General Counsel WA & Company Secretary, Unilever Nigeria , Mrs. Abidemi Ademola in a statement on the Nigerian Stock Exchange…
By Kayode Tokede Following the due diligence process, the FMDQ Securities Exchange Limited, through its Board Listings and Markets Committee has announced the approval of the quotation of the Valency Agro Nigeria Limited N5.12 billion Series 1 Commercial Paper (CP)…
By Kayode Tokede The Nigerian Stock Exchange (NSE) eqities market retreated on Thursday, reversing two days positive sentiment with a loss of N65.83 billion following profit taking on banking and consumer goods stocks. Consequently, the market capitalisation shed N65 billion…
By Kayode Tokede Activities on the Nigerian Stock Exchange (NSE) equities market sustained the upward trend on Wednesday with a gain of 0.14 per cent on bargain hunting in Oando Plc and 21 others. Specifically, the All-Share Index improved further…
By Kayode Tokede The Securities and Exchange Commission (SEC) has stated that it was never at any time served with court processes with respect to the purported Oando Plc matter at the FCT High court. A high court at the…
By Kayode Tokede Cornerstone Insurance Plc has said it awaits National Insurance Commission (NAICOM) to approve 2020 financial year results for year ended December 31, 2020 after the board of directors’ approval. The Company Secretary, PAC Solicitors in a statement…
By Kayode Tokede The Nigerian Stock Exchange (NSE) equities market on Tuesday halted a five-day losing streak with a gain of 0.03 per cent as bulls repressed bears on the back of positive financial results hitting the market. The All-Share…
