Nestle shareholders to get 1,500k interim dividend as Wapic, Zenith, UBA records N5.8b deals in five days

Nestle shareholders to get 1,500k interim dividend as Wapic, Zenith, UBA records N5.8b deals in five days

 For the period ended September 2017, Nestle Plc has proposed 1500 kobo interim dividend.   In a notice to the Nigerian StockExchange (NSE), the company explained that qualification date is 24th November 2017 while closure date is 27th November 2017....
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Investors stake N1.14b on UBA shares as market capitalisation records N28b growth

Investors stake N1.14b on UBA shares as market capitalisation records N28b growth

United Bank for Africa (UBA) on Thursday emerged the toast of investors with a turnover of 116.63 million shares valued at N1.14 billion on the floor of NigerianStock Exchange (NSE).  Access Bank followed with 98.34 million shares worth N987.63 million,...
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Fidelity Bank disburses N2.5b to 500 SMEs operators

Fidelity Bank disburses N2.5b to 500 SMEs operators

Fidelity Bank Plc says it has disbursed the sum of N2.5 billion out of the Central Bank of Nigeria (CBN) N220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF).  Mr Nnamdi Okonkwo, the bank’s Managing Director/ Chief Executive Officer...
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Nestle sustains growth profile, hits N1,300 per share

Nestle sustains growth profile, hits N1,300 per share

For the third consecutive day, Nestle Nigeria Plc on Wednesday led the gainers’ table, appreciating by N38.84 to close at N1,300 per share.   Unilever came second with a gain of N2.15 to close at N39 95, while Zenith International Bank...
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Diamond Bank appoints Christopher Ubosi Non-Executive Director

Diamond Bank appoints Christopher Ubosi Non-Executive Director

Diamond Bank Plc has appointed Mr. Christopher Ubosi as a Non-Executive Director. Mr. Christopher Ubosi holds a B.Sc. in Quantity Surveying from the University of Ife and an M.Sc. from the University of Lagos, Nigeria.  According to the Bank, Mr Ubosi...
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NSE’s market capitalisation regains N77b

NSE’s market capitalisation regains N77b

The market capitalisation of Nigerian Stock Exchange (NSE)  which opened at N12.673 trillion on Thursday, increased by N77 billion or 0.61 per cent to close at N12.750 trillion due to the listing of rights issue of Unilever and Transnationwide.  ...
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Market capitalisation depreciates by N124billion

Market capitalisation depreciates by N124billion

Transactions on the floor of Nigerian Stock Exchange (NSE) ended on Tuesday in the negative territory as market capitalisation dropped by N124billion.   Specifically, the market capitalisation lost N124 billion or 0.96 per cent to close at N12.789 trilli...
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Dangote Cement, Forte Oil, others lift market capitalisation by N66b

Dangote Cement, Forte Oil, others lift market capitalisation by N66b

Transactions on the floor of Nigerian Stock Exchange (NSE) commenced on Monday on a positive as investors gained N66billion.   At the end of the day’s transaction, Dangote Cement topped the gainers’ table recording N8.99 to close at N238 per...
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NSE PHOTO NEWS

NSE PHOTO NEWS

L-R: Oscar N. Onyema, OON, CEO, Nigerian Stock Exchange ( NSE) , Timothy E. McPherson, Minister of Finance, Sovereign State of Accompong and Kamil Olufowobi, CEO Most Influential 100 Limited during a courtesy visit to the NSE CEO in Lagos,...
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Forte Oil lead gainers’ table as NSE market capitalisation consolidates growth by N24b

Forte Oil lead gainers’ table as NSE market capitalisation consolidates growth by N24b

The Nigerian Stock Exchange (NSE) ended the week on a positive note on Friday as market capitalisation  which opened at N12.823 trillion, increased  by N24 billion or 0.19 per cent to close at N12.847 trillion.   Also, the All-Share Index...
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Market capitalisation sustains growth with N43b

Market capitalisation sustains growth with N43b

Transactions on the floor of Nigerian Stock Exchange (NSE) continued on a positive note on Wednesday as the market capitalisation which opened at N12.810 trillion gained  N43 billion or 0.34 per cent to close at N12.853 trillion.   Also, the...
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