Shares Archives — Page 5 of 5 — City Business News

July 13, 2020 No Responses

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....

July 13, 2020 No Responses

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...

July 9, 2020 No Responses

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, ...

July 8, 2020 No Responses

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...

July 7, 2020 No Responses

Interest In Airtel Africa, BUA Cement, Zenith Bank Lift Market Capitalisation By N35b

The nation’s bourse halted negative trend on Tuesday due to investors’ interest in Airtel Africa, BUA Cement and 15 other equities. Consequently, the All-Share Index rose by 71.43 points or 0.30 per cent to close higher at 24,097.48 compared with...

June 18, 2020 No Responses

FG, States, LGs Share N547.309b

The Federation Accounts Allocation Committee (FAAC) on Wednesday shared N547.309 billion to the three tiers of government for the month of May. The Director of Information in the Ministry of Finance, Budget and National Planning, Mr Hassan Dodo, explained in.....

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...

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...

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...

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...

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...

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...