By Kayode Tokede Notore Chemical Industries Plc, a subsidiary of Notore Chemical Industries [Mauritius] Limited has released its annual report and financial statements for the year ended September 30, 2020 with an increase in loss for the year to N6.4…
By Kayode Tokede The nation’s bourse recorded its first loss in the year on Tuesday, dropping by N393 billion due to renewed profit taking on blue chips. Specifically, the market capitalisation shed N393 billion or 1.83 per cent to close…
By Kayode Tokede The Board of Directors of Neimeth International Pharmaceuticals Plc, has proposed a total final dividend of N123.45 million to be distributed to the shareholders of the company, as final dividend for the period ended September 30,2020. This…
By Kayode Tokede United Capital Plc. has announced the appointments of Mr Dipo Fatokun and Ms Sutura Aisha Bello as Independent Non-Executive Directors, effective immediately, subject to obtaining requisite regulatory approvals. This is contained in a notice dated Dec. 31,…
By Kayode Tokede The Nigerian Stock Exchange (NSE) resumed trading in 2021 on a bullish trend with the market capitalisation gaining N459billion as investors continued to position ahead of full year results and dividend declaration. Specifically, the market capitalisation, which…
By Kayode Tokede BUA Cement Plc has announced that it has successfully concluded its N115billion Series 1 Fixed Rate Senior Unsecured Bond Issue (Bond) under its maiden N200 billion Bond Issuance Programme. With this development, BUA Cement’s Series 1 Bond…
By Kayode Tokede Zenith Bank Plc has announced the demise of one of its Directors, Professor Oyewusi Ibidapo-Obe (OFR). The disclosure is contained in a press release issued by the financial institution to the Nigerian Stock Exchange on Monday. The…
By Kayode Tokede Vitafoam Nigeria Plc has reported 72 per cent profit in its full year ended September 30, 2020 results. The company reported N4.11 billion profit in 2020 as against N2.39billion reported in 2019. Also, profit before tax also…
By Kayode Tokede Amid the sector reforms by National Insurance Commission (NAICOM), coupled with cheap price of its shares, the Insurance Index on the Nigerian Stock Exchange (NSE) outperformed Banking and Oil/Gas indices in 2020, our correspondent can report. The…
By Kayode Tokede The Nigerian Stock Exchange (NSE) has announced the results of its annual full year market index review for the following indices – the NSE 30, NSE Lotus Islamic, NSE Pension, Corporate Governance Index, Afrinvest Bank Value Index,…
