Traders work at the Nigerian Stock Exchange in Lagos

NSE declines by 0.02 pct as Forte Oil leads 24 gainers

The stock market declined by marginal 0.02 per cent Wednesday despite higher number of price gainers. Although a total of 24 stocks appreciated, the Nigerian Stock Exchange (NSE) All-Share Index declined by 0.02 per cent to close at 32,375.12. Market capitalisation shed ₦2.1 billion to close lower at ₦11.8 trillion. Profit taking in International Breweries […]

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Forte Oil records 99 percent PBT growth to ₦10.6 billion

Nigeria’s Forte Oil Plc has announced a profit before tax growth of 99 per cent to ₦10.6 billion in its financial year ended December 31, 2017 activities. The firm’s audited results released on the Nigerian Stock Exchange (NSE), recently, showed that profit before tax grew by 99 per cent to ₦10.627 billion from ₦5.34 billion […]

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34 firms, 435 directors passed NSE’s corporate governance rating test

The Nigerian Stock Exchange, NSE, has said that a total of 34 companies and 435 directors have passed its corporate governance rating test, having scored the required 70 percent marks. The 25 successful companies join eight companies that retained their rating from the CGRS pilot in 2014, bringing the total number of companies rated as […]

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