Capital Market Archives — Page 47 of 60

March 3, 2020 No Responses

GTBank Declares N196.85b Profit, N2.50 Final Dividend For 2019

For the year ended December 31, 2019, Guaranty Bank Trust (GTBank) Plc on Monday declared profit of N196.85 billion and final dividend of N2.50 per share. According to the Bank, the profit after tax represented an increase of 6.6 per...

February 29, 2020 No Responses

NSE Market Capitalisation Loses N308b

Trading on the Nigerian Stock Exchange (NSE) on Friday ended on panic mood, as the country recorded the first Coronavirus case after Egypt and Algeria. The News Agency of Nigeria (NAN) reports that the panic mood affected trading on the...

February 28, 2020 No Responses

NSE Intensifies Financial Literacy Campaign Through Comic Book

—- By Olumide Orojimi Nigeria’s financial ecosystem is rapidly evolving with the introduction of increasingly disruptive financial products and services. As the world moves to more sophisticated financial instruments, the need to pay closer attention t...

February 24, 2020 No Responses

Gambling Affiliates Lose 70% In Stock Market Value

Data gathered and calculated by GoldenCasinoNews.com indicates that the top five gambling affiliate companies have lost 70% in stock market value over the last two years.The affected affiliates include Gaming Innovation Group, whose value has declined by -87.7...

February 24, 2020 No Responses

SEC Nigeria Holds International Commodities Conference

In a bid to further deepen the capital market and have a vibrant commodities exchange, the securities and Exchange Commission, SEC, is to host an international conference on the Nigeria Commodities MarketThe conference with the theme, “Commodities Trading Ec...

February 21, 2020 No Responses

Zenith Bank Declares N200b Profit After Tax

For the year ended December 31st, 2019, Zenith Bank Plc on Friday announced profit after tax (PAT) of N208.8 billion, “achieving the feat as the first Nigerian Bank to cross the N200 billion mark”.According to the bank’s audited financial results...

February 21, 2020 No Responses

First Bank Takes SMEs Business Clinic To Port-Harcourt, Abuja

In recognition of the significant role Small and Medium Enterprise (SMEs) play in achieving sustainable growth and development in the economy of the country, First Bank of Nigeria Limited has concluded plans to host second edition of SMEs Business Clinic...

February 20, 2020 No Responses

Market Capitalisation Recovers N24b

The nation’s bourse on Thursday recorded its first gain for the week with the market indices improving by 0.17 per cent due to interest in BUA Cement and 18 other stocks.Specifically, the All-Share Index rose by 45.83 points or 0.17...

February 19, 2020 No Responses

NSE Market Capitalisation Drops Further By N9b

The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday depreciated further by N9 billion, amid profit taking.Specifically, the market capitalisation, which opened at N14.347 trillion lost N9 billion to close at N14.338 trillion.Also, the A...

February 18, 2020 No Responses

Market Capitalisation Drops Further By N12b

The bears continued to dominate the domestic equities market on Tuesday, as the Nigerian Stock Exchange (NSE)’s All-Share Index dropped further by 0.08 per cent.The News Agency of Nigeria (NAN) reports that the index lost 23.38 points or 0.08 per...

February 17, 2020 No Responses

NSE Records N96b loss

Transactions on the floor of Nigeria Stock Exchange (NSE) opened the week on Monday still on a negative mood as sell-off in high capitalised stocks dragged the All-Share Index (ASI) further down by 0.67 per cent.Specifically, the All-Share Index dipped...

February 14, 2020 No Responses

Twelve Winners Emerge In Fidelity Bank’s Savings Promo

Twelve lucky customers have emerged millionaires in the fourth monthly and second bi-monthly draw of the Get Alert in Millions (GAIM) promo season 4.The electronic raffle draw, which held at the head office in Lagos, was witnessed by the relevant...

February 13, 2020 No Responses

At Ecobank Agric Summit, FG Reiterates Support For Agro-Industrial Processing Zones

Nigeria’s Minister of State for Agriculture, Mr Mustapha Shehuri, on Thursday in Lagos, pledged the commitment of the Federal Government to support and promote Special Agro-Industrial Processing Zones (SAPZs).Speaking at the maiden edition of the Ecobank’ ...

February 12, 2020 No Responses

Kurfi Projects Double Digit Growth For Nigerian Stock Market In 2020

Seasoned capital market operator, Malam Garba Kurfi, on Wednesday expressed optimism that the Nigerian equities market would witness double digit growth in 2020.Kurfi, the Managing Director, APT Securities and Funds Ltd., stated this at the Capital Market Corr...