Trade – Page 7 – City Business News

December 15, 2017 No Responses

NSE Photo News

L-R: Bola Adeeko, Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Aderemi A. Adetayo, Chief Executive Officer, Moving Media; Oscar N. Onyema, OON, Chief Executive Officer, NSE, His Excellency, Senator Ibikunle Amosun, Executive Governor, Ogun State; Abimbola Ogunbanjo, President,...

December 13, 2017 No Responses

CBN injects $210m into currency market

The Central Bank of Nigeria (CBN) said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages. In a statement, the bank said it had released 100...

December 12, 2017 No Responses

Market capitalisation depreciates by N120b

Transactions on the floor of Nigerian Stock Exchange (NSE) on Monday commenced on a negative note as market capitalisation which opened at N13.672 trillion dropped by N120 billion or 0.89 per cent to close at N13.913 trillion. Also, the All-Share...

December 11, 2017 No Responses

Capital market operators implore CBN, SEC on single license

Capital market operators at the weekend in Lagos called on the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to grant them single dealing license to access discount window. Speaking at the 2017 annual conference...

December 11, 2017 No Responses

APM Terminals unveils refrigerated truck transport

APM Terminals, in conjunction with Naija Pride and with the assistance of international development groups is working to provide modern cold chain transportation alternatives for farmers in the agricultural centers of northern Nigeria as part of measures to br...

December 5, 2017 No Responses

Access Bank unveils growth agenda, explains 351 new branches

Foremost financial institution, Access Bank Plc on Monday announced new five-year strategy with an ambitious plan to become Africa’s Gateway to the World. Briefing stakeholders at the Nigerian Stock Exchange (NSE), the Bank explained that development is t...

December 5, 2017 No Responses

Oando:Shareholders demand Kemi Adeosun’s sack

South-South Coordinator of the Oando Shareholders Solidarity Group (OSSG), Mr Clement Ebitimi, has called on President Muhammadu Buhari to sack the Minister of Finance, Kemi Adeosun, for allegedly meddling in the forensic audit of Oando Plc. Some newspapers ...

November 29, 2017 No Responses

Infinity Tyres Debuts in Lekki, Flags off 2017 Value Drive Promo

By Moses Ebosele, ebosele@hotmail.com – Infinity Tyres Limited, Nigeria’s leading tyre, battery and premium automobile accessories brand has concluded plans to open a full-fledged branch in Lekki, Lagos State in the first week of December, 2017 t...

November 29, 2017 No Responses

Nigerian Breweries, Stanbic IBTC top gainers’ table as market capitalisation sustains growth by N89b

Nigerian Breweries on Tuesday recorded the highest price gain of N6.43 to lead the gainers’ table and closed at N137.60 per share. Stanbic IBTC followed by a gain of N1.85 to close at N41.85, while Dangote Cement increased by...

November 28, 2017 No Responses

Oando: Shareholders insist on interim management

Shareholders of Oando Plc have advised the current management of the company under the leadership of Mr Wale Tinubu to step down in the interest of all stakeholders. A Federal High Court sitting in Lagos had last week dismissed...

November 25, 2017 No Responses

Nestle shareholders to get 1,500k interim dividend as Wapic, Zenith, UBA records N5.8b deals in five days

For the period ended September 2017, Nestle Plc has proposed 1500 kobo interim dividend. In a notice to the Nigerian StockExchange (NSE), the company explained that qualification date is 24th November 2017 while closure date is 27th November 2017....

November 24, 2017 No Responses

Investors stake N1.14b on UBA shares as market capitalisation records N28b growth

United Bank for Africa (UBA) on Thursday emerged the toast of investors with a turnover of 116.63 million shares valued at N1.14 billion on the floor of NigerianStock Exchange (NSE). Access Bank followed with 98.34 million shares worth N987.63 million,...

November 14, 2017 No Responses

Dangote Cement, Forte Oil, others lift market capitalisation by N66b

Transactions on the floor of Nigerian Stock Exchange (NSE) commenced on Monday on a positive as investors gained N66billion. At the end of the day’s transaction, Dangote Cement topped the gainers’ table recording N8.99 to close at N238 per...

November 14, 2017 No Responses

Female business owners to hold 2017 annual seminar, trade fair in Lagos

The Network of Enterprising Women (NEWN), a network of 200 female business owners in Nigeria and the Diaspora, is to hold its 2017 annual seminar and trade fair tagged ‘Partnering and Collaborating for Business Excellence’ on November 23, 2017 at...