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…
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…
