By Kayode Tokede The Securities and Exchange Commission (SEC) has stated that it was never at any time served with court processes with respect to the purported Oando Plc matter at the FCT High court. A high court at the…
By Kayode Tokede Cornerstone Insurance Plc has said it awaits National Insurance Commission (NAICOM) to approve 2020 financial year results for year ended December 31, 2020 after the board of directors’ approval. The Company Secretary, PAC Solicitors in a statement…
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…
