Category: Capital Market/Banking

Transcorp Hotels Declares N8.1b Turnover, N1.38b Profit In Six Months
July 31, 2018 No Responses

Transcorp Hotels Declares N8.1b Turnover, N1.38b Profit In Six Months

For the period ended June 30th, 2018, Transcorp Hotels Plc has announced turnover of N8.01billion.   The Group also ended the period with profit after Tax of N1.38billion, representing 83% year-on-year growth over N760million in Half Year  2017.  A statement explained...
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Diamond Bank Records N2.2B Profit After Tax In Six Months
July 31, 2018 No Responses

Diamond Bank Records N2.2B Profit After Tax In Six Months

Diamond Bank has released its second quarter unaudited financial report for the period ended June 30, 2018 to the management and stockbrokers of the Nigerian Stock Exchange (NSE), emphasising its strong focus on the Nigerian market, especially the retail busi...
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Naira Weakens Against Dollar At Parallel Market
July 31, 2018 No Responses

Naira Weakens Against Dollar At Parallel Market

The Naira on Monday weakened marginally against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. The Nigerian currency exchanged at N358.3, weaker than N358 traded on Friday, while the Pound Sterling and the Euro closed...
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Pension Fund Assets Hit N8.14trillion
July 30, 2018 No Responses

Pension Fund Assets Hit N8.14trillion

As at end of May, 2018,  total pension fund assets stood at N8.14 trillion,  the National Pension Commission (PenCom) has revealed.   According to PenCom spokesman, Peter Aghahowa,  the assets rose from N7.52 trillion in December 2017, adding that: ”The....
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Ecobank Flags Off “Xpress Account Giveaway Promo”
July 26, 2018 No Responses

Ecobank Flags Off “Xpress Account Giveaway Promo”

Ecobank Nigeria has flagged off ‘Xpress Account Giveaway promotion offering mouthwatering cash back to customers as reward for onboarding and using its Xpress account and instant gifts for transacting at any of Ecobank Xpress Point across Nigeria. The promo ...
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INVESTDATA HOLDS MID-YEAR EQUITY MARKET SEMINAR SATURDAY
July 25, 2018 No Responses

INVESTDATA HOLDS MID-YEAR EQUITY MARKET SEMINAR SATURDAY

Investdata Consulting Ltd will hold another edition of its mid-year comprehensive stock trading and investing seminar on Saturday, July 28, 2018 in at the Ostra Hall & Hotels, opposite the NNPC Gas Plant, Alausa, Ikeja, Lagos. At the seminar with...
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Diamond Bank Joins FMDQ OTC Board
July 25, 2018 No Responses

Diamond Bank Joins FMDQ OTC Board

Diamond Bank Plc, a leading retail bank in Nigeria with a track record of quality banking solutions for customers has been appointed as a member of the Board of FMDQ OTC Plc, Nigeria’s foremost debt capital, currencies securities exchange and...
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Osinbajo Implores Capital Market On Economic Growth, Development
July 24, 2018 No Responses

Osinbajo Implores Capital Market On Economic Growth, Development

Vice President Yemi Osinbajo has said that for investors to take advantage of government’s incentives and improved business environment, there needs to be availability of medium to long term capital in the form of bonds, equity and loans.  The necessity...
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CIS Partners SEC On Capital Market Studies
July 23, 2018 No Responses

CIS Partners SEC On Capital Market Studies

  The Chartered Institute of Stockbrokers (CIS) has pledged to work with the Securities and Exchange Commission (SEC) in its desire to infuse Capital Market Studies (CMS) into the curriculum of schools in the country.  Already, the apex regulator of...
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Investors Stake N4.2B On Zenith Bank, Medview Airline, Sterling Bank In Five Days
July 21, 2018 No Responses

Investors Stake N4.2B On Zenith Bank, Medview Airline, Sterling Bank In Five Days

By ebosele@hotmail.com –  For the week ended July 20th, 2018, investors on the floor of Nigeria Stock Exchange (NSE) staked N4.209 Billion on the shares of Sterling Bank Plc, Medview Airline Plc and Zenith International Bank Plc.   Transactions in the...
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NSE Admits N10.69B FGN Green Bond, Implores Nigerians On $3trn Infrastructure Deficit
July 21, 2018 No Responses

NSE Admits N10.69B FGN Green Bond, Implores Nigerians On $3trn Infrastructure Deficit

The Nigerian Stock Exchange (NSE) said on Friday that the 3 trillion dollars required to provide infrastructure for the next 25 years could be addressed with Green Bond issuance.    Mr Oscar Onyema, NSE Chief Executive Officer, stated this at...
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More Winners Emerge In Diamondxtra Season 10
July 20, 2018 No Responses

More Winners Emerge In Diamondxtra Season 10

More winners have emerged in the DiamondXtra Season 10 scheme as the Bank recently unveiled 1,016 winners in the second quarterly draw held at its Asa – Afariogun, Ajao Estate, Lagos branch.   Addressing journalists after the draw, Osita Ede,...
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GTBank, Okomu Oil, FBN Holdings, Oando, Others Sustain Sliding Profile
July 19, 2018 No Responses

GTBank, Okomu Oil, FBN Holdings, Oando, Others Sustain Sliding Profile

More firms on the floor of Nigeria Stock Exchange (NSE) sustained sliding profile on Wednesday as Bears maintained dominance for the third consecutive trading days.   At the end of the day’s trading, the All-Share Index lost 215.52 points or 0.58...
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Capital Market Forum Explores Strategies, Best Practices To Tackle Cyber Threat
July 18, 2018 No Responses

Capital Market Forum Explores Strategies, Best Practices To Tackle Cyber Threat

The Nigerian Stock Exchange (NSE) has announced  its bi-annual Nigerian Capital Market Information Security Forum (NCMISF), themed, “Social Engineering, The Neglected Human Factor”, will hold on Wednesday, July 25, 2018, at the NSE Event Center, 2/4 Custo...
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