News In : Markets   (Page 4)
  • Oando Reports N4.2bn Q1 Profit
  • Oil firm, Oando Plc, has recorded a profit after-tax of N4.2billion in its 2018 first quarter results. The company, in a statement in Lagos, said it had cashed into the favourable micro business environment characterise[...]
  • Date Posted:: 03/May/2018
  • FBNQuest Merchant Bank reports N6.17bn profit
  • FBNQuest Merchant Bank, the investment banking and asset management group of FBN Holdings Plc, has declared a profit before tax of N6.17bn for the year ended December 31, 2017, representing a 25.7 per cent increase from[...]
  • Date Posted:: 01/May/2018
  • Help mobilise Funds for Indigenous Investors, LCCI Urges NSE
  • The Lagos Chamber of Commerce and Industry has asked for collaboration with the Nigerian Stock Exchange as it seeks to promote private sector development and the advancement of the country’s economy. The President[...]
  • Date Posted:: 01/May/2018
  • SEC sets up Panel to Probe Companies’ Delisting
  • The Securities and Exchange Commission has set up a committee to find out the reason behind the delisting of some firms listed on the Nigerian Stock Exchange. The mandate of the committee is to find out why some compani[...]
  • Date Posted:: 01/May/2018
  • Net profit hits N19.7b as Oando Defies Odds
  • Oando Plc grew its net profit by 405 per cent to N19.7 billion in 2017, sustaining a positive trend of good performance over the past five quarters. Key extracts of the audited report and accounts for the year ended Dec[...]
  • Date Posted:: 30/Apr/2018
  • NAICOM Queries Financial Statements of Equity, Zenith Insura...
  • Operators in suspense over regulatory reviews Stories by Rosemary Onuoha THE National Insurance Commission, NAICOM, has queried the financial statements of Equity Assurance Plc, Zenith Life Assurance Company as well as Z[...]
  • Date Posted:: 30/Apr/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:: 30/Apr/2018
  • SEC Confirms MTN’s Proposed $500m IPO
  • The Securities and Exchange Commission (SEC) on Wednesday, confirmed that MTN Group had finally commenced discussions with it on the proposed $500 million dollars Initial Public Offering (IPO) ahead of its listing on the[...]
  • Date Posted:: 27/Apr/2018
  • Equities Market reverses Previous day Gain, Sheds N17bn
  • The Nigerian Equities market’s indicators flipped back into the red zone at the close of trading session on Wednesday, reversing gains of Tuesday. The All Share Index lost 12 basis points dropping Year-to-Date (YT[...]
  • Date Posted:: 26/Apr/2018
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