NSE All-Share Index extends growth by 0.61%
The Nigerian equities market sustained upward trend on Wednesday with a growth of 0.61 per cent, as investors continued to position in high capitalised stocks.
Category : Finance
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NSE: Law Union, United Capital emerge best performing stocks in February
Law Union & Rock Insurance and United Capital (UCAP) have emerged the best performing stocks in percentage on the Nigerian Stock Exchange (NSE) for February.
FEC approves N538m for birds deterrent system in 3 airports
The Federal Executive Council (FEC) has approved N538 million for the procurement of Birds Deterrent System for three Nigerian airports. The Minister of Aviation, Sen.
CBN sanctions GTBank, UBA, Zenith Bank N175million for contraventions in 2019
The Central Bank of Nigeria (CBN) has sanctioned GTBank, United Bank of Africa and Zenith N175 million for contraventions in the year 2019, Business Remarks
AFEX, FMDQ, Securities Exchange partner to open additional sources of finance for agric sector
AFEX Commodities Exchange Ltd on Wednesday signed a Memorandum of Understanding with the Financial Market Dealers Quotation (FMDQ) to open additional sources of finance for
NSE rebounds by 1.70% on investors interest in high yield dividend stocks
The Nigerian domestic equities market on Tuesday rebounded by 1.70 per cent on renewed investors’ interest in high yield dividend stocks. Speficially, the All-Share Index,
FIRS targets N4 trn tax from oil, gas companies
The Federal Inland Revenue Service (FIRS) said it would rake in four trillion naira as tax revenue from the extractive sector of the Nigerian economy
Nestlé Nigeria records 6.6% growth in 2019, financial results say
Nestlé Nigeria Plc has announced its financial results for the year 2019, posting a revenue of N 283.9 billion and recording 6.6 per cent growth
NSE market capitalisation opens March trading with N208bn loss
The Nigerian Stock Exchange (NSE) market capitalisation opened trading for March on Monday, with a loss of N208 billion amid losses in blue chips. Specifically,
GTBank profit hits N196.85bn, declares N2.50 final dividend for 2019
The Guaranty Bank Trust (GTBank) Plc on Monday posted a profit of N196.85 billion for the financial year ended Dec. 31, 2019, just as it
