Category: Capital Market/Banking

All-Share Index Drops Further By 0.35%
November 28, 2019 No Responses

All-Share Index Drops Further By 0.35%

The Nigerian equities market on Wednesday declined further by 0.35 per cent, amid sustained bearish transactions. The All Share Index (ASI) decreased by 93.23 points or 0.35 per cent to close at 26,790.10 compared with 26,883.33 achieved on Tuesday. Similarly,...
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Access Bank Introduces Free Banking For Senior Citizens
November 27, 2019 No Responses

Access Bank Introduces Free Banking For Senior Citizens

Access Bank Plc has introduced a special account designed to provide Nigerians age 60 and above with free financial and lifestyle support services. Mr Victor Etuokwu, the Executive Director, Retail Banking, Access Bank Plc disclosed this in a statement on...
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NSE Market Indices Down 0.56%
November 27, 2019 No Responses

NSE Market Indices Down 0.56%

The upward trend recorded by the Nigerian Stock Exchange (NSE) for some days now was halted on Tuesday following profit taking by some investors. Specifically, the All-Share Index dipped 152.45 points or 0.56 per cent to close at 26,883.33 compared...
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SEC Nigeria Approves N154.62b New Securities In Q3
November 26, 2019 No Responses

SEC Nigeria Approves N154.62b New Securities In Q3

The Securities and Exchange Commission (SEC) approved new securities worth N154.62 billion in the third quarter of 2019. The commission disclosed this in its current Nigerian Journal of Securities Market obtained by the News Agency of Nigeria (NAN) in Lagos...
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Nestle, Presco, Others Lift Market Capitalisation By N22billion
November 26, 2019 No Responses

Nestle, Presco, Others Lift Market Capitalisation By N22billion

Transactions on the floor of Nigerian Stock Exchange (NSE) reopened on a positive note on Monday as the market capitalization gained 0.16 per cent, extending the bullish run to five consecutive trading sessions. At the end of the day’s transactions,...
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Shareholders To FG: Address Infrastructure Deficit Through Capital Market
November 24, 2019 No Responses

Shareholders To FG: Address Infrastructure Deficit Through Capital Market

The Independent Shareholders Association of Nigeria (ISAN) has stressed the need to address the country’s infrastructure challenges through the Nigerian capital market. Mr Adeniyi Adebisi, ISAN’s National Coordinator, stated this on Saturday in Lagos, whil...
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NSE Wins CSR Award
November 21, 2019 No Responses

NSE Wins CSR Award

The Nigerian Stock Exchange (NSE) has emerged winner of the “Best Corporate Social Responsibility Initiative award.  The award was presented to NSE during  the 9th edition of the Marketing World Award held recently in Ghana. This award is in r...
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Access Bank Appoints Awosika Board Chairman
November 20, 2019 No Responses

Access Bank Appoints Awosika Board Chairman

The Board of Directors,  Access Bank Plc on Tuesday announced Dr Ajoritsedere Awosika as its new Chairman. The bank’s Company Secretary, Mr Sunday Ekwochi, explained in a statement Awosika would assume the position of the company’s Board Chairman on J...
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NSE All-Share Index Down By 0.60%
November 19, 2019 No Responses

NSE All-Share Index Down By 0.60%

The Nigerian Stock Exchange (NSE) opened trading for the week on Monday with a loss of 0.60 per cent, amid profit taking as predicted by some market analysts. Speficially, the All Share Index shed 160.59 or 0.60 per cent to...
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NAHCO Generates N7.38b Revenue, N782M Profit In Q3
November 14, 2019 No Responses

NAHCO Generates N7.38b Revenue, N782M Profit In Q3

By citybusinessnews@yahoo.com For the nine months ended September 30, 2019, the Nigerian Aviation Handling Company Plc (nahco aviance) has declared gross revenue of N7.38Billion.The Company also posted Profit Before Tax of 973.1 million. The figure is 241...
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NSE Photo News
November 14, 2019 No Responses

NSE Photo News

L – R: Godstime Iwenekhai, Head, Listing Regulation, The Nigerian Stock Exchange (NSE); Tony Ibeziako, Head, Primary Markets, NSE; Oscar N. Onyema, OON, Chief Executive Officer, NSE; Dr. Sola Obabori, Group Managing Director/CEO, Red Star Express Plc and Vic...
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Fidelity Bank Rewards Customers with N15m
November 14, 2019 No Responses

Fidelity Bank Rewards Customers with N15m

Fidelity Bank Plc on Wednesday flagged off the maiden edition of its Get Alert In Millions (GAIM) Season 4 savings promo draw in Ibadan, Oyo State, splashing 13 customers across the nation with N15 million and other consolation prizes. The...
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Top Global Designers Storm Lagos For Zenith Lifestyle Fair
November 12, 2019 No Responses

Top Global Designers Storm Lagos For Zenith Lifestyle Fair

Top global designers and brands will storm Lagos for the “Style by Zenith 2.0” Fair, the second edition of Zenith Bank’s highly anticipated Lifestyle Fair, which holds from Friday, November 29 to Sunday, December 1, 2019 at the Eko Energy...
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Nestle Nigeria Records N203.1b Revenue, N33.1b Profit In Q3
November 8, 2019 No Responses

Nestle Nigeria Records N203.1b Revenue, N33.1b Profit In Q3

For the third quarter ended September 2019, Nestlé Nigeria Plc recorded a revenue of N211.3 billion, up by 4.0 percent when compared to N203,134,728 billion in 2018. Profit for the period also increased to N36,841,330 billion compared to N33,118,287billion at...
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