archiveApril 23, 2016

Trading in the shares of Zenith International Bank Plc, Guaranty Trust Bank Plc and United Bank for Africa Plc. (measured by volume) accounted for 290.319 million shares worth N3.015 billion in 3,795 deals, contributing 32.79 per cent and 51.72 per cent to the total equity turnover volume and value respectively...

Guinness Nigeria Plc said in a statement on the Nigerian Stock Exchange’s website that    it profit fell by 83 percent in the nine months through to the end of March, 2016. Its earnings after tax were 864 million naira ($4.35 million) in the period, compared with 5.2 billion naira a...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization decreased by 0.24%, today while the Year-to-Date return stood at -13.24 per cent. The All Share Index closed at 24,850.11 against the previous close of 24,909.88 while Market Capitalization closed at ₦8.548 trillion against Thursday close of...

Mitsubishi Motors shares nosedived for a third session today, tumbling as much as 16 percent after the Japanese automaker’s shock admission that it cheated on fuel-efficiency tests. According to online report monitored by Business247, panic-selling on Wednesday and Thursday — when the government raided one of its research centres —...

The OTC market grew in size and structure in the first quarter of 2016. At the end of the quarter, NASD had admitted 26 securities to trade as against 24 securities in the previous quarter with the introduction of two more companies (Fan Milk Plc and Vital Product Plc). The...