News In : Markets   (Page 5)
  • FBNQuest Merchant Bank Holds 3rd Annual General Meeting, Rec...
  • FBNQuest Merchant Bank, the investment banking and asset management group of FBN Holdings Plc, has declared a profit before tax (PBT) of ₦6.17 billion for the year ended 31st December 2017, representing a 25.7% increas[...]
  • Date Posted:: 26/Apr/2018
  • CBN Intervenes with $210m in Forex Market
  • The Central Bank of Nigeria (CBN) yesterday stepped into the inter-bank sector of the Foreign Exchange (forex) market, yet again, intervening in the wholesale segment and other sectors of the market to the tune of $210 m[...]
  • Date Posted:: 26/Apr/2018
  • NSE: Market cap dips by N6bn
  • Equity transactions on the floor of the Nigerian Stock Exchange (NSE) continued its zig-zag movement as the total value of equities dipped by N6 billion. Consequently, the All-Share Index (ASI) went down by 0.04 per cen[...]
  • Date Posted:: 19/Apr/2018
  • FBNInsurance grows Profit by 37 %
  • FBNInsurance said its profit before tax grew by 37 per cent from N3.11bn in 2016 to N4.26bn in 2017. The company also said its gross premium written grew by 98 per cent from N9.9bn in 2016 to N19.6bn in 2017. A stateme[...]
  • Date Posted:: 19/Apr/2018
  • CBN injects fresh $210m into Forex Market
  • The Central Bank of Nigeria has intervened with another sum of $210m in the foreign exchange market to meet the requests of customers, as the regulator continues its efforts to maintain a stable exchange rate for the nai[...]
  • Date Posted:: 19/Apr/2018
  • African Alliance: We’ve paid N46.1m NSE’s Fine
  • African Alliance Insurance said it has paid N46.1 million fine slammed on it by the Nigerian Stock Exchange (NSE) for late submission of its 2015 and 2016 financial account, its Managing Director, Mrs Funmi Omo has said.[...]
  • Date Posted:: 18/Apr/2018
  • Unity Bank, Oando, Skye Bank Lift Stock Market
  • The market capitalisation of listed equities on the Nigerian Stock Exchange rose by N93bn on Tuesday as 33 stocks led by Unity Bank Plc, Oando Plc and Skye Bank Plc recorded price appreciation. The NSE All-Share Index g[...]
  • Date Posted:: 18/Apr/2018
  • Account default: NSE slams N46.1m fine on African Alliance
  • For not living up to the listing requirements of the Nigerian Stock Exchange (NSE) rules of accounts submission, African Alliance Plc, one of the underwriting firms in the country has been fined N46.1 million by the Nige[...]
  • Date Posted:: 17/Apr/2018
  • Market Analysts Push for SEC’s Independence as Regulator
  • Following the latest change in leadership at the Securities and Exchange Commission (SEC), market analysts have pushed for the independence of the commission, with some cautioning that the continuing changes may dampen i[...]
  • Date Posted:: 17/Apr/2018
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