23.6 C
Tuesday, March 20, 2018
UBA rewards staff at annual CEO awards

FY2015: UBA grosses N60bn in profits, pays additional 40kobo dividend

United Bank for Africa Plc, the pan-African financial services Group with operations in 19 African countries has delivered another strong and impressive financial performance. In...
Lafarge Africa blames 20% profit fall on exchange revaluation

Lafarge Africa blames 20% profit fall on exchange revaluation

Listed cement giant, Lafarge Africa says the 20 per cent decline in its 2015 net profit was due to the stripping of one-off items...
NSE admits by introduction N6.3bn Fixed Rate Bond of WEMA Funding SPV

Wema Bank declares N3bn profit in 2015

Despite severe macro economy challenges and stringent polices by Central Bank of Nigeria (CBN), Wema Bank Plc today announced a profit before tax of...
SEC targets more retail investors

Investors to receive dividends in 24 hours – SEC

For the first time in the history of any capital market in Africa, investors in the Nigerian Capital market are now to get dividend...
Market resumes promising with 0.56% gain

Market resumes promising with 0.56% gain

The Nigerian equities market continued the gradual northward march of recent times as the All Share Index appreciated by 0.56 per cent to close...
Investors gain N295bn as bulls fight back

Nasdaq to Provide SMARTS Market Surveillance Technology to NSE

Nasdaq (NDAQ) and the Nigerian Stock Exchange (NSE) have announced that NSE, which services the largest economy in Africa, will acquire Nasdaq’s SMARTS Market...
Market Capitalisation improves by N186bn

Capital market reacts to outcome of MPC meeting, down by 0.55%

Trading at the Nigerian Stock Exchange (NSE) on Tuesday closed on a downward trend as the market reacted negatively to the outcome of the...
MTN denies plan to list on Nigerian Stock Exchange

MTN denies plan to list on Nigerian Stock Exchange

MTN Group, South African telecoms giant, has debunked rumours that will list its Nigeria unit on the Nigerian Stock Exchange. The telecom company said it...
SEC blacklists, bans two capital market operators for life

SEC takes e-Dividend registration sensitization campaign to Lagos

The Securities and Exchange Commission (SEC) is set to commence another round of sensitization campaign on e-Dividend Registration which is currently on-going in the...