Seplat, Bua Cement Top Losers’ Table As Market Capitalisation Drop By N45b

Seplat, Bua Cement Top Losers’ Table As Market Capitalisation Drop By N45b

The Nigerian Stock Exchange (NSE) on Friday returned to the negative territory on with key market indices declining by 0.35 per cent. Specifically, the All-Share Index (ASI) dipped 85.04 points to close at 24,427.73 compared with 24,512.77 achieved on Thursday....
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SEC Nigeria Pledges To Attract More Investors

SEC Nigeria Pledges To Attract More Investors

Director General, Securities and Exchange Commission (SEC), Mr. Lamido Yuguda at the weekend, pledged the determination of the current management of the Commission to make the capital market more accessible to Nigerians in a bid to attract more investors. &nbs...
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Jaiz Bank Sets Aside N884m For Maiden Dividend

Jaiz Bank Sets Aside N884m For Maiden Dividend

Shareholders of Jaiz Bank Plc are  to receive a total of N884million dividend payment subjected to appropriate withholding tax. The Chairman of the Bank Alhaji Umaru Mutallab disclosed this at the 8th Annual General Meeting (AGM) of the bank held...
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Market Capitalisation Recovers N8b

Market Capitalisation Recovers N8b

The Nigerian Stock Exchange (NSE) on Wednesday recorded the first gain of the week, appreciating marginally by 0.06 per cent due to bargain hunting in Airtel Africa. Accordingly, the All-Share Index rose by 15.67 points or 0.06 per cent to...
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Nigeria’s Stock Market Opens Week With N55b Loss

Nigeria’s Stock Market Opens Week With N55b Loss

The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in some blue chips. Specifically, the market capitalisation which opened at N12.679 trillion lost N55 billion to close at N12.624 trillion....
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Nigeria’s Unclaimed Dividends Hit N158.44b

Nigeria’s Unclaimed Dividends Hit N158.44b

The total unclaimed dividend figure in the Nigerian capital market stood at N158.44 billion as of December 2019, the News Agency of Nigeria (NAN) reports. Data obtained exclusively by NAN from the Securities and Exchange Commission (SEC) show that the...
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Conoil, Arbico,Vitafoam Top Losers’ Table As Market Capitalisation Drop By N1b

Conoil, Arbico,Vitafoam Top Losers’ Table As Market Capitalisation Drop By N1b

Sentiments in the nation’s bourse weakened on Thursday, with the All-Share Index dropping by 0.01 per cent. Specifically, the All-Share Index (ASI) decreased by 1.51 points to close at 24,276.56 in contrast with 24,278.07 achieved on Wednesday. Accordingly, ...
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Lafarge Africa, Julius Berger Top Gainers Table AS Market Capitalisation Sustain Growth With N94b

Lafarge Africa, Julius Berger Top Gainers Table AS Market Capitalisation Sustain Growth With N94b

Activities on the Nigerian Stock Exchange (NSE) on Wednesday extended gaining streak, with indices rising by 0.75 per cent on renewed investors’ interest. Specifically, the All-Share Index rose by 180.59 points or 0.75 per cent to close at 24,278.07 compared...
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Seplat Shareholders Get $59m Dividend For 2019

Seplat Shareholders Get $59m Dividend For 2019

For the financial year 2019, the Board of Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE) ,rewarded its shareholders with $59...
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Access Bank Shareholders Laud 2019 Performance, Dividend Payment

Access Bank Shareholders Laud 2019 Performance, Dividend Payment

Access Bank Plc shareholders on Thursday commended the board, management and staff for the impressive performance recorded in 2019 financial year in spite of challenging operating environment. The shareholders gave the commendation at the bank’s 31st Annual ...
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Eland Shareholders Approve £382m Takeover by Seplat

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...
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Shareholders To FG: Address Infrastructure Deficit Through Capital Market

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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SEC To Defunct Afribank Shareholders: Claim Your Dividends

SEC To Defunct Afribank Shareholders: Claim Your Dividends

The Securities and Exchange Commission (SEC) has asked shareholders of the defunct Afribank Plc to claim their dividends. SEC said this is part of its investor protection programme and as well as ensure that shareholders get the benefits of investing...
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Presco Reward Shareholders With N2b Dividend For 2018

Presco Reward Shareholders With N2b Dividend For 2018

By Moses Ebosele, ebosele@hotmail.com —  For the year ended December 31, 2018, Shareholders of Presco Plc on Wednesday approved proposal by the Board of Directors to pay N2billion dividend, amounting to 200kobo per share.   The company within t...
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