Stock exchange market capitalisation drops by N82bn

Although the Nigerian Stock Exchange closed the week on a positive note, the market capitalisation of listed equities dropped by N82bn after falling for...

Akande advised CBN should stop directing FX rates

The Central Bank of Nigeria has been advised to allow the forces of demand and supply to determine the naira exchange rates against foreign...

Conoil, 10 other refuse to publish 2016 audit results – NSE

The Nigerian Stock Exchange (NSE) on Monday said Conoil and 10 other quoted companies have failed to file their 2016 audited results within the...

BDCs meet today, to pressure FX rate operators

Directors of over 3,000 Bureaux De Change operators will today hold a special meeting aimed at taking strategic decisions to force down the exchange...

SEC, NSE retract licences of 21 stockbrokers’ over fraud

Securities and Exchange Commission (SEC) and Nigerian Stock Exchange (NSE) have retracted licences of 21 firms for various infractions, including inability to meet minimum...

Dangote Flour Mills bounces back with N11.8 billion profit

Dangote Flour Mills (DFM) Plc appeared to have fully left the sour taste of the previous years of consecutive losses as the flour-milling company...

Stock market gains over N98 billion as FBN tops trade

Trading activities on the Lagos floor of the Nigerian Stock Exchange (NSE) maintained the positive trend as the All Share Index added 1.11 percent...

Stock market indicators rebound by 0.81%

Activities on the Nigerian Stock Exchange (NSE) closed upbeat for the first time in the second quarter after dropping for two-consecutive days. The market indices...

NSE lists first series FGN savings bond

The Nigerian Stock Exchange has listed the first series of the Federal Government of Nigeria savings bond  maturing March 2019.The savings bond, the first...

NSE approved to become public listed company

The Nigerian Stock Exchange have approved the listing of the Exchange as a public company under the demutualisation programme. This decision was reached at...

UBA’s profit before tax hits 32%, declares final dividend per Share...

United Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited 2016 full year results,...

Guinness Nigeria offers 5 for 11 shares in N39.7b rights issue

Guinness Nigeria Plc would be raising N39.7 billion in new equity funds from shareholders in the book of the company as at the close...

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