The Nigerian Stock Exchange (NSE) on Friday moved 482.19 million shares valued at N5.58 billion in 5,998 deals. This was in contrast with a turnover of 629.41 million shares worth N7.98 billion achieved in 4,752 deals on Thursday, representing a…
Sovereign Trust Insurance (STI) Plc recorded profit after income tax of N746.29 million for the financial year ended Dec. 31, 2020. The company said this in its unaudited financial statements released on the floor of the Nigerian Stock Exchange. The…
By Kayode Tokede The local bourse sustained its negative run on Thursday recording the fourth consecutive loss, following profit taking in Dangote Cement, Zenith Bank and United Bank for Africa stocks. Consequently, the market capitalisation dropped further by N112 billion…
By Kayode Tokede Stanbic IBTC Holdings PLC , a member of Standard Bank Group, has announced several key executive appointments across the Group, in a bid to fortify its market leadership position in the Nigerian financial services sector. The appointments…
By Kayode Tokede One of Nigeria’s leading banks – Wema Bank has set out to make this season of love as eventful as possible for her customers and members of its social media community. With an outline of activities peppered…
By Kayode Tokede Linkage Assurance Plc has recorded 34 per cent increase in profit after tax for the fourth quarter ended Dec. 31, 2020. The company in its released on the floor of the Nigerian Stock Exchange on Wednesday reported…
By Kayode Tokede The Tourist Company of Nigeria Plc has released its condensed unaudited statement of comprehensive income for the year ended 31 December 2020 with sharp decline in revenue from gaming and hospitality in the last three months (Q4)…
By Kayode Tokede Investors’ on the Nigerian Stock Exchange (NSE) on Wednesday sustained profi-taking for the third consecutive trading day, with the market indicators dropping further by 0.10 per cent. Specifically, the NSE All-Share Index which opened at 42,043.79 basis…
By Kayode Tokede Cornerstone Insurance Plc, a group which engages in various business lines ranging from property-casualty insurance, life/ health insurance and leasing has released its unaudited financial statement for the period ended 31 December 2020 with 34.74per cent increase…
By Kayode Tokede AXA Mansard Insurance Plc, a major player in Nigeria’s insurance sector has released its subsidiary companies’ unaudited financial statements December 31, 2020 with gross written premium growth to N47.58 billion from N43.620 billion in 2019. Profit for…
