By Kayode Tokede Shareholders of Zenith Bank Plc on Tuesday approved the payment of proposed N94.2 billion dividend for the year ended December 31, 2020. The shareholders commended the board and management of the bank for the improved financial results…
By Kayode Tokede The Board of Directors of Vitafoam Nigeria Plc has approved the appointment of Abdul Bello as independent non-executive director. According to a notice filed by the firm with the Nigerian Stock Exchange, Bello’s appointment is effective March…
By Kayode Tokede The equities market of the Nigerian Stock Exchange (NSE) on Tuesday gained by 0.41 per cent as positive performance resurfaced, following buying interest in Dangote Cement and 10 others. The NSE All-Share Index (ASI) grew by 158.97…
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…
