Capital Market Archives — Page 51 of 61

December 5, 2019 No Responses

NSE All-Share Index Down By 0.02%

Transactions on the Nigerian Stock Exchange (NSE) on Wednesday maintained a negative outlook for the third consecutive trading sessions. The News Agency of Nigeria (NAN) reports that the All-Share Index dropped marginally by 0.02 per cent due to sell-off in...

December 4, 2019 No Responses

Market Capitalisation Drops Further By N22b

The crucial market indices of the Nigerian Stock Exchange (NSE) dropped further on Tuesday with a decline of 0.17 per cent. The News Agency of Nigeria (NAN) reports that the market capitalisation shed N22 billion or 0.17 per cent to...

December 3, 2019 No Responses

Eland Shareholders Approve £382m Takeover by Seplat

Shareholders of Eland Oil & Gas Plc have given overwhelming backing to the £382 million takeover of the company by indigenous oil & gas producer, Seplat Petroleum Development Company Plc. At two meetings of shareholders recently, resolutions in favour...

November 30, 2019 No Responses

CBN Injects $323.5m, CNY 17.9m Into Retail SMIS

In its last intervention for the month of November, the Central Bank of Nigeria (CBN) on Friday, November 29, 2019, made an intervention of $323.5million in the retail Secondary Market Intervention Sales (SMIS) and CNY 17.9million in the spot and...

November 30, 2019 No Responses

Ecobank, Standard Chartered Lead In Q3 Capital Importation To Nigeria

National Bureau of Statistics (NBS) says Ecobank Nigeria and the local unit of Standard Chartered Bank have joined Stanbic IBTC Bank to become foreign investors’ favourites for investment deals. Details of the Bureau report showed that out of 26 banks....

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,...

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...

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,...

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...

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...

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...

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...

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...

November 7, 2019 No Responses

Oyetola At NSE, Explains Osun’s Nine-Year Development Agenda

Osun State Governor, Adegboyega Oyetola, on Thursday expressed the administration’s readiness to continue to open up business opportunities, attract investments and create more wealth for the state.Oyetola spoke at the 2019 Osun State Facts Behind the Econom...