By Kayode Tokede The Nigerian Stock Exchange (NSE) equities market closed trading on Tuesday on a negative note, due to price depreciation posted by Nestle Nigeria and other 25 stocks. Consequently, the benchmark index declined by 233.81 basis points or…
By Kayode Tokede The Nigerian Stock Exchange (NSE) has announced the launch of its e-Filing Portal, X-Filing, on Tuesday. X-Filing, which comes on the back of the recent upgrade to the NSE Issuers’ Portal, X-Issuer, is a fully integrated, secure…
By Kayode Tokede The continued activities of Ponzi schemes have been described as a threat to the protection of investors, the functioning of a fair and orderly financial market as well as the development of the economy at large. Director…
By Kayode Tokede The Nigerian Stock Exchange (NSE) has disclosed that domestic investors traded 79.5 per cent or N 184.94billion to outperformed foreign investors in equities market transactions in January 2021. The NSE’s domestic & Foreign Portfolio Investment (FPI) report…
By Kayode Tokede Dangote Sugar Refinery Plc has reported 33.2 per cent growth in profit to N29.78billion in audited results for year ended December 31, 2020 as against N22.36billion reported in audited results for year ended December 31, 2019. The…
By Kayode Tokede The Board of Directors of Custodian Investment Plc has announced the payment of a final dividend of 45 kobo for every share of 50 kobo held by shareholders, making a total of N2.65 billion to be paid…
By Kayode Tokede Activities on the Nigerian Stock Exchange (NSE) commenced the week and month on Monday on a bullish trend, following uptick in BUA Cement Plc, Zenith Bank Plc and United Bank for Africa Plc (UBA). Specifically, the market…
By Kayode Tokede Following investors profit-taking in banks shares, Industrial goods, among others, investors on equities market segment of the Nigerian Stock Exchange (NSE) lost N1.36trillion in February. The NSE in February was not immune to the rout in global…
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…
