Category: Capital Market/Banking

Fidelity Bank disburses N2.5b to 500 SMEs operators
November 23, 2017 No Responses

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
November 23, 2017 No Responses

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
November 22, 2017 No Responses

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
November 17, 2017 No Responses

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
November 15, 2017 No Responses

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
November 14, 2017 No Responses

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
November 12, 2017 No Responses

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
November 11, 2017 No Responses

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
November 9, 2017 No Responses

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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Heritage Bank savings campaign berth in more schools
November 9, 2017 No Responses

Heritage Bank savings campaign berth in more schools

As part of measures to expose more Nigerians to financial literacy especially at very early age in life, Heritage Bank Plc, recently joined the world in celebrating the World Savings’ Day with the theme: Our Future Starts with Savings.  ...
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Relief as NSE market capitalisation rises by N29b
November 8, 2017 No Responses

Relief as NSE market capitalisation rises by N29b

Investors’ wealth in Nigerian Stock Exchange (NSE) appreciated on Tuesday as the market capitalisation increased by N29 billion or 0.23 per cent to close at N12.810 trillion from N12.781 trillion recorded on Monday.   Also, the All-share index increased by....
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FirstBank promotes female youth entrepreneurship with house of Tara International
November 8, 2017 No Responses

FirstBank promotes female youth entrepreneurship with house of Tara International

First Bank of Nigeria Limited has partnered with House of Tara in organising “1000 Voices” to celebrate and promote female youth entrepreneurship.   The event, scheduled to hold on Wednesday, November 8, 2017 at the Harbour Point, Victoria Island, Lagos.....
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Total top losers’ table as market capitalisation records N3b loss
November 7, 2017 No Responses

Total top losers’ table as market capitalisation records N3b loss

Transactions on the floor of  Nigerian Stock Exchange (NSE) resumed on a negative note on Monday as market capitalisation, which opened atN12.784 trillion, dropped by three billion naira or 0.02 per cent to close at N12.781 trillion.  Also, the All-Share...
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Market capitalisation declines by N3b
November 3, 2017 No Responses

Market capitalisation declines by N3b

Profit taking on Thursday curtailed the three-day growth recorded on the floor of Nigerian Stock Exchange (NSE).  Specifically, market capitalisation, which opened at N12.766 trillion, dropped three billion or 0.02 per cent to close at N12.763trillion.  Also...
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