Stock Market – Page 24 – City Business News

October 24, 2017 No Responses

SEC votes N160m for Oando’s Forensic Audit, highlights alleged insider dealing

By citybusinessnews@yahoo.com – The Securities and Exchange Commission (SEC) has set in motion machinery for the forensic audit of Oando Plc. To ensure the independence and transparency of the exercise, the Forensic Audit according to SEC shall be...

October 24, 2017 No Responses

Lafarge, Nigeria Breweries, Zenith Bank suffer more losses as market capitalisation drops further by N60b

By citybusinessnews@yahoo.com – Trasnsactions on the floor of Nigerian Stock Exchange (NSE) continued on Monday on a negative trend as market capitalisation dipped further by N60billion. Specifically, market capitalisation which opened for the...

October 21, 2017 No Responses

Nigerian Breweries, Forte Oil, Ecobank top losers’ table as investors’ wealth depreciate further by N21billion

By citybusinessnews@yahoo.com – Transactions on the floor of Nigerian Stock Exchange (NSE) continued on a downward trend on Friday. Specifically, the market capitalisation which opened at N12.614 trillion dropped by N21 billion to close at N12.59...

October 20, 2017 No Responses

International Breweries lead NSE’s gainers table as Zenith Bank records N531.3b in nine months

International Breweries Plc on Thursday led the Nigerian Stock Exchange (NSE) gainers’ table, gaining N2.21 to close at N46.52 per share. Stanbic IBTC followed with a gain of N1.10 to close at N46.52 and GlaxosmithKline increased by 85k to close...

October 19, 2017 No Responses

N8b CBN scam: How N8.3m was substituted with paper, by Ecobank staff

Mr Omotayo Sowunmi, a witness in the alleged N8 billion Central Bank of Nigeria (CBN) currency scam case, on Wednesday said that the apex bank lost N8.3 million in a single box meant to contain N10 million. Testifying before Justice...

October 19, 2017 No Responses

Total Nigeria, Flour Mills, others maintain slidding profile as NSE’s market capitalisation drops further by N10b

Total Nigeria Plc on Wednesday recorded the highest loss for the day dropping by N7.59 to close at N245.41 per share. At the end of the day’s transaction on the floor of Nigerian Stock Exchange (NSE), Flour Mills followed with...

October 19, 2017 No Responses

Elumelu seeks stable policy to enhance SMEs growth

The Chairman, UBA Group and Heirs Holdings, Mr Tony Elumelu, on Wednesday advised the Federal Government to tackle the issue of policy somersaults to enhance the growth of Small and Medium Enterprises (SMEs). Elumelu gave the advice at the 24th...

October 18, 2017 No Responses

NSE’s market capitalisation drops by N103b

Investors in Nigerian capital market on Tuesday lost N103billion due to losses recorded by Dangote Cement Plc, Nestle Nigeria Plc and Guaranty Trust Bank Plc. At the end of the day’s training, Dangote Cement Plc, Nestle Nigeria Plc and...

October 17, 2017 No Responses

GSK, Stanbic IBTC, Zenith Bank, others lift NSE’s market capitalization by N43b

The Nigerian Stock Exchange (NSE) on Monday resumed trading activities on a positive note as market capitalization rose by N43billion or 0.34 per cent. At the end of the day’s trading, 0.33 per cent growth in the All-Share Index...

October 17, 2017 No Responses

Sterling Bank emerges Best Bank in Support of Agric

Sterling Bank Plc has won the Best Bank in Support of Agriculture Award at the Business Day Banking Awards 2017 held in Lagos. The award is in recognition of Sterling Bank’s peerless support to the entire value chain in...

October 13, 2017 No Responses

Nestle sustains growth profile, hits N1, 240 per share

Nestle Plc on Thursday sustained its rising profile to lead the Nigerian Stock Exchange (NSE) gainers’ table, growing by N6.88 to close at N1,240 per share. Also at the end of tradings, Stanbic IBTC came second with a gain of...

October 13, 2017 No Responses

NSE Photo News

The Director General, Securities and Exchange Commission (SEC), Mr Mounir Gwarzo, (Left) and Mr. Abimbola Ogunbanjo, President, The Nigerian Stock Exchange (NSE), during a courtesy visit to the DG, SEC in Abuja.

October 12, 2017 No Responses

Union Bank Photo News

L – R: Joe Mbulu, Transformation Director, Union Bank of Nigeria Plc; Ade Bajomo, Executive Director, Market Operations and Technology, The Nigerian Stock Exchange (NSE); Emeka Emuwa, Group Managing Director/CEO, Union Bank of Nigeria Plc and Somuyiwa Sonubi...

October 10, 2017 No Responses

FBNHoldings appoints Oluseye Kosoko Company Secretary

FBN Holdings Plc has announced the appointment of Oluseye Kosoko as Company Secretary subject to regulatory approval. In the same vein, Tijjani Borodo, the outgoing Company Secretary will still be around for the next few months to navigate a...