News In : Markets   (Page 3)
  • Nigerian Breweries records N10.2b profit in Q1
  • Nigerian Breweries Plc started 2018 on a low note as sales and profit contracted within the first quarter. Key extracts of the interim report and accounts of Nigerian Breweries for the three-month period ended March 31,[...]
  • Date Posted:: 07/May/2018
  • NSE Sanctions Six more Banks over Financial Reports
  • The Nigerian Stock Exchange (NSE) has sanctioned  more companies for failing to meet the deadline for the submission of their audited report and accounts for last year. A report obtained by The Nation indicated tha[...]
  • Date Posted:: 07/May/2018
  • NASCON Shareholders okay 115% Dividend Raise to N3.97bn
  • Shareholders of  NASCON Allied Industries Plc, a subsidiary of Dangote Group, have unanimously approved a dividend payout of N3.97 billion for the financial year ended December 31,2017, representing an increase of 1[...]
  • Date Posted:: 07/May/2018
  • FSDH Distributes 60% of PAT as Dividend in 2017
  • FSDH Merchant Bank has distributed to its shareholders N2.84 billion representing 60 percent of its profit after tax (PAT) as dividend for the year ended December 31 2017. Chairman, FSDH, Mr. Femi Agbaje, disclosed this[...]
  • Date Posted:: 07/May/2018
  • Domestic Investors Sustain Interest on NSE
  • Domestic investors have continued to dominate trading on the equities market for three months in a row, as they traded N497.15 billion worth of shares for the first quarter, Q1, ended March 31, 2018. This represents 56.5[...]
  • Date Posted:: 07/May/2018
  • Forex: ABCON Develops Web Portal to Enhance Price Discovery
  • Association of Bureaux De Change Operators of Nigeria (ABCON) said that its live exchange rate engine room, www.naijabdcs.com, was developed to promote transparency and price discovery in the foreign exchange market. Fo[...]
  • Date Posted:: 04/May/2018
  • FBN Holdings Grows Profit by 178.8%
  • FBN Holdings Plc has announced 178.8 percent growth in its Profit After Tax, PAT, for the year ended December 31, 2017. The result of the bank’s full year financial statement released on the Nigerian Stock Exchange[...]
  • Date Posted:: 04/May/2018
  • FBN, Stanbic, StanChart, Zenith Appointed Settlement Banks f...
  • First Bank of Nigeria Limited, Stanbic IBTC, Standard Chartered Bank (SCB) and Zenith Bank Plc have been appointed the settlement banks for the $2.5 billion bilateral currency swap agreed between the Central Bank of Nige[...]
  • Date Posted:: 04/May/2018
  • Investors stake N106b in Equities in One month as Bourse Re-...
  • Transactions on the equities sector of the Nigerian Stock Exchange (NSE) peaked at N106 billion last month (April), as investors exchanged a total of 8.4 billion shares in 92,807 deals. A breakdown of the activities for[...]
  • Date Posted:: 03/May/2018
  • CBN Boosts Forex Market with $210m
  • The Central Bank of Nigeria (CBN) has injected $210 million into the inter-bank foreign exchange(forex) market in continuation of its efforts to sustain liquidity. The apex bank offered $100 million to authorized dealer[...]
  • Date Posted:: 03/May/2018
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