Shareholders of PZ Cussons Nigeria Plc had approved a dividend of N397million at the rate of 10k per share for the year ended May 31, 2020 which was declared out of the profits for the year ended May 31, 2020.…
By Kayode Tokede The shareholders of 11 PLC have approved voluntary delisting from the Nigerian Stock Exchange (NSE). The downstream petroleum company in a notice said shareholders at a Annual General Meeting (AGM) held on the 14th of October, 2020,…
By Kayode Tokede The Nigerian Stock Exchange (NSE) market on Tuesday slipped further by N28.33 billion, extending its losing streak to seven consecutive trading sessions. Specifically, the market capitalisation lost N29 billion or 0.13 per cent to close at N21.715…
By Kayode Tokede Participants at this year’s edition of annual economic review of the Chartered Institute of Stockbrokers (CIS) unanimously projected that outlook for the Nigerian economy remained positive but identified certain factors that need to be addressed for optimal economic…
By Kayode Tokede The Nigerian Stock Exchange (NSE) began trading for the week on Monday with a loss of 0.35 per cent as a result of persistent profit taking. Specifically, the NSE All-Share Index lost 144.78 basis points or 0.35…
By Kayode Tokede with News Agency Capital Market experts on Monday expressed optimism that the ban on cryptocurrencies by the Central Bank of Nigeria (CBN) would likely trigger enhanced activities in the nation’s stock market. They said this in an…
BUA Cement Plc has witnessed an increase in its earnings for the full-year ended December 2020. This is according to the unaudited group accounts forwarded by the firm to the Nigerian Stock Exchange. The cement firm recorded a 19.34 per…
Wema Bank Plc and Union Bank of Nigeria Plc have announced closed period as full year ended December 31, 2020 financial year results on the Nigerian Stock Exchange (NSE). Specifically, Company Secretary/Legal Adviser, Wema Bank, Johnson Lebile in a notice…
By Kayode Tokede The Nigerian Stock Exchange (NSE) recorded another feat on Friday with the admission of Briclinks Africa Plc by way on introduction into the growth board (GB). Specifically, the company listed 10 million ordinary shares of N1 each…
By Kayode Tokede Investors on the Nigerian Stock Exchange (NSE) lost N368billion in one week as bearish sentiments dominated the local bourse over concerns about the uptick in yields in the money market made investors sell down their portfolio. The…
