Tag: Shares

NSE All-Share Index Records 1.38 Per Cent Growth
January 7, 2020 No Responses

NSE All-Share Index Records 1.38 Per Cent Growth

Activities on the Nigerian Stock Exchange (NSE) reopened for the week on Monday on a bullish trend with the All-Share Index crossing 27,000 mark following buying interest in Dangote Cement. Specifically, the index which opened at 26,968.79 inched 370.89 points...
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NSE All-Share Index Down By 0.60%
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...
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Seplat Declares $746m Revenue, Recommends $0.05 Dividend For 2018
March 8, 2019 No Responses

Seplat Declares $746m Revenue, Recommends $0.05 Dividend For 2018

citybusinessnews@yahoo.com – For the year 2018, a leading Nigerian indigenous oil and gas company, Seplat Petroleum Development Company Plc has declared $746million revenue and operating profit of $310million  Listed on both the Nigerian Stock Excha...
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MTN Nigeria To list Shares Before June, Explains $1b Divestment Agenda
March 8, 2019 No Responses

MTN Nigeria To list Shares Before June, Explains $1b Divestment Agenda

MTN Group has concluded plans to list shares on the floor of Nigerian Stock Exchange (NSE) before the end of June, 2019.  In a statement on Thursday, the Group explained that  the year 2018 recorded revenue of  37.971billion South African...
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Crane Manufacturer Acquires $62.8M Of COSCO Shares
March 2, 2019 No Responses

Crane Manufacturer Acquires $62.8M Of COSCO Shares

China’s crane manufacturer Shanghai Zhenhua Heavy Industries (ZPMC) has decided to invest in compatriot shipping company COSCO Shipping Holdings by acquiring CNY 419.9 million (USD 62.8 million) worth of COSCO shares.  ZPMC recently signed the share sub...
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Presco Reward Shareholders With N2B Dividend, Records N25.40B Profit
July 26, 2018 No Responses

Presco Reward Shareholders With N2B Dividend, Records N25.40B Profit

Shareholders of Presco Plc, on Wednesday, approved payment of 200kobo dividend, amounting to N2Billion for the year ended December 31, 2017.     Endorsing the dividend payment during the 25th Annual General Meeting (AGM) held at the company’s premises al...
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