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…
By Kayode Tokede The Nigerian Debt Capital Market has continued to witness significant activity among corporates seeking a viable avenue to raise capital to meet their financing needs. To this end, FMDQ Securities Exchange Limited is again pleased to announce…
By Kayode Tokede The Securities and Exchange Commission (SEC), has stated that it is committed to enhancing financial inclusion in the country through technology. The Director General of the SEC, Mr. Lamido Yuguda stated this at the joint session of…
By Kayode Tokede The Nigerian Stock Exchange (NSE) equities market opened the week with negative trading, following profit-taking activities on Lafarge Wapco Plc, Fidelity Bank Plc and United Capital Plc stocks. Thus, the NSE All-Share Index declined by 0.1 per…
By Kayode Tokede The Nigerian Stock Exchange (NSE) on Monday announced the emergence of Mr Abimbola Ogunbanjo as the new President of National Council of the Exchange. The exchange, in a statement, said that the election of Ogunbanjo was reached…
By Kayode Tokede Nigerian Breweries (NB) Plc has declared a revenue of N337.01 billion for the financial year ended Dec. 31, 2020. The revenue represented an increase of 4.3 per cent compared with N323 billion recorded in the corresponding period…
By Kayode Tokede United Capital Plc has reported 57 per cent increase its in profit after tax for year ended December 31, 2020. The company on the Nigerian Stock Exchange (NSE) on Monday reported N7.81billion PAT in 2020, compared to…
By Kayode Tokede The bearish performance of the Nigerian Stock Exchange (NSE) extended to a third consecutive week, as the upward retracement in yields in the financial market continued to dampen investors’ sentiments. The bond auction results, wherein stop rates…
By Kayode Tokede The shareholders of Chemical and Allied Products Plc and Portland Paints and Products Plc held separate court ordered meetings to approve their merger. The shareholders of Chemical and Allied Products Plc held their meeting in Lagos at…
By Kayode Tokede The Board of Directors of United Capital Plc, Nigeria’s financial and investment services powerhouse, has announced the payment of a total N4.2 billion as dividend to shareholders for 2020. The resolution was made at the Board meeting…
