NSE All-Share Index Down By 0.60%

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

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

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

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

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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