By Kayode Tokede The Nigerian Stock Exchange (NSE) equities market resumed trading for week upbeat on Monday with market capitalisation improving by N34billion. The market capitalisation rose by 0.17 per cent to close at N20.612 trillion in contrast with N20.578…
By Kayode Tokede The United Bank for Africa Plc (UBA) has announced a Profit Before Tax (PBT ) of N131.9 billion in its audited results for the full-year ended December 31, 2020, as against N111.3 billion reported at the end…
By Kayode Tokede The Securities and Exchange Commission (SEC) is set to host the 2021 edition of Budget Seminar virtually on Thursday. The theme of the event is “Financing Nigeria’s Budget and Infrastructure Deficits through the Capital Market.” Expected as…
By Kayode Tokede The African Development Bank (AfDB) Group has signed a $400,000 grant agreement with the Securities and Exchange Commission (SEC) to strengthen securities market regulation and broaden market instruments. The Director General of the Commission, Lamido Yuguda stated…
By Kayode Tokede The Nigerian Stock Exchange (NSE) All-Share Index and market capitalization depreciated by 1.18 per cent to close the week at 39,331.61 basis points and N20.578 trillion respectively. Notably, sell-offs in Nestle Nigeria Plc (-6.9per cent), Flour Mill…
By Kayode Tokede The NASD OTC Securities Exchange’s NSI return fell by 2.33per cent to close last week at 697.3 basis points as against 713.91 basis points on prior week. In addition, last week saw NASD Investors lose N11.92 billion…
By Kayode Tokede Committed to the continuous development of the Nigerian financial market, in collaboration with market stakeholders, FMDQ Securities Exchange Limited, has through its Board Listings, Markets and Technology Committee, approved the Registration of the Fidson Healthcare Plc N10…
By Kayode Tokede Transcorp Hotels Plc, has launched ‘Aura’, a new digital platform, to afford holiday seekers the ease to book accommodation, restaurants, and experiences. Its Managing Director and Chief Executive Officer, Mrs Dupe Olusola, made this known in a…
By Kayode Tokede The Nigerian Stock Exchange (NSE) on Thursday extended negative trend for the third consecutive trading session following investors-profiting on Nigerian Breweries, Dangote Sugar Refinery and tier-1 banks. The All-Share Index on Thursday declined further by 157.39 basis…
By Kayode Tokede The Shareholders of Vitafoam Nigeria Plc have endorsed the proposed a N979,410 Million which translates into 70 kobo per Ordinary Shares for the company’s 2020 financial performance, a whopping increase of 64 percent as against the corresponding…
