NSE Market Capitalisation Crosses N20tr Mark

NSE Market Capitalisation Crosses N20tr Mark

Trading activities on the Nigerian Stock Exchange (NSE) sustained positive mood on Wednesday for the eighth successive session, with the market capitalisation crossing the N20 trillion mark.  The sustained rally was as a result of buying interests in some highly...
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Seplat, Waltersmith Seals Crude Purchase Agreement

Seplat, Waltersmith Seals Crude Purchase Agreement

Seplat Petroleum Development Company Plc, listed on both the Nigerian Stock Exchange and the London Stock Exchange, has signed a Crude Purchase Agreement (CPA) with Waltersmith Petroman Oil Limited. According to Seplat, the CPA is for the supply of between...
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BUA Cement Opens Three Additional Production Lines

BUA Cement Opens Three Additional Production Lines

BUA Cement Plc on Tuesday notified the Nigerian Stock Exchange (NSE), shareholders and the investing public of its plans to build three additional production lines in Adamawa, Edo and Sokoto states. The company disclosed this in a notice titled, ‘Notificatio...
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Photo News

Photo News

L-R: Mr Oluwole Adeosun CEO Chartwell Securities and Vice President CIS; Mr Seyi Owotoro, President ICMR; Mrs Chinyere Joel-Nwokeoma, Chairman Capital Market Correspondents Association of Nigeria; Ms Jumoke Olaniyan, Vice President Market Architecture FMDQ Sec...
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Ecobank Group Report N461b Revenue In Nine Months

Ecobank Group Report N461b Revenue In Nine Months

Ecobank Group made N461.2 billion revenue in nine months for the period ended 30th September 2020, representing nine  per cent increase against the corresponding period of last year.   In its audited report submitted to the Nigeria Stock Ex...
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NSE Begins Application Of 0.08% Stamp Duty On Securities Transactions Dec 7

NSE Begins Application Of 0.08% Stamp Duty On Securities Transactions Dec 7

The Nigerian Stock Exchange (NSE) has announced the revision of Stamp Duty on securities transactions to 0.08% from 0.075%, effective 7 December 2020.    In a statement on Thursday, NSE explained that the change is necessitated by the classifica...
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Nigeria Stock Market Resumes December With N55b Gain

Nigeria Stock Market Resumes December With N55b Gain

The Nigeria stock market on Tuesday sustained bullish sentiment to open the month of December with N55 billion growth due to buying interests in Tier 1 banks. Consequently, the market capitalisation rose by N55 billion or 0.30 per cent to...
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Zenith Bank Declares N509b Gross Earnings In Nine Months

Zenith Bank Declares N509b Gross Earnings In Nine Months

For the third quarter ended September 30, 2020, Zenith Bank Plc has reported a gross earnings of N509 billion,compared with N491 billion achieved in the corresponding period in 2019. In the unaudited results released by the Nigerian Stock Exchange (NSE)...
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SEC Tasks FG, States On Privatisation

SEC Tasks FG, States On Privatisation

Privatisation presents enormous potential to serve as alternative funding source for both the Federal and State Governments if properly harnessed, the Securities and Exchange Commission (SEC) has said Director-General of SEC, Mr Lamido Yuguda, stated this...
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Market Capitalisation Loses N279b

Market Capitalisation Loses N279b

For the second consecutive days on Tuesday,transactions on the Nigerian Stock Exchange (NSE) closed southward with market capitalisation dropping N279 billion on continuous profit taking. The market capitalisation dipped N279 billion or 1.53 per cent...
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NSE Market Capitalisation Hits N17trillion

NSE Market Capitalisation Hits N17trillion

Transactions on the Nigerian Stock Exchange (NSE) remained upbeat on Tuesday with the market capitalisation hitting N17 trillion benchmark due to gains in high capitalised stocks. Specifically, the market capitalisation appreciated by N212 billion to close at ...
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WAPIC Insurance, ABC Top Gainers’Table As Market Capitalisation Crosses N16tri

WAPIC Insurance, ABC Top Gainers’Table As Market Capitalisation Crosses N16tri

The bulls on Tuesday regained dominance on the Nigerian Stock Exchange (NSE) with the market capitalisation crossing N16 trillion mark. Specifically, the market capitalisation increased by N132 billion or 0.83 per cent to close at N16.063 trillion ag...
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Seplat Shareholders Get $0.05 Dividend

Seplat Shareholders Get $0.05 Dividend

Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange 9NSE) and the London Stock Exchange (LSE), has announced its unaudited results for the nine months ended 30 September 2020.&...
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Market Capitalisation Attains N42b Growth

Market Capitalisation Attains N42b Growth

Transactions on the Nigerian Stock Exchange opened for the week on Monday still on an upward trend with the market capitalisation crossing N15 trillion mark.  Specifically, the market capitalisation which opened at N14.999 trillion inched higher by N42 bi...
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