CAPITAL MARKET

Consistent with its commitment to broaden and deepen the Nigerian capital market, The Nigerian Stock Exchange (NSE) in partnership with the Exchange Traded Funds (ETFs) issuers Vetiva Fund Managers Limited, Lotus Capital Limited and Stanbic IBTC Asset Management is set to organise its annual NSE Exchange Traded Funds Workshop on...

Fidelity Bank Plc has recorded gross earnings of N110.3 billion in its unaudited financial results for the nine months ended September 30, 2016. The bank’s gross earnings rose to N110.3 billion from N107 billion, representing a growth of three per cent. This result is contained to a statement issued by...

Lafarge Africa Plc has declared N37.4 billion loss in nine months of 2016 from N 32.4 billion recorded in prior nine months of 2015. Chief Executive Officer, Lafarge Africa Plc, Michel Puchercos, said: “Our focus on volume and prices started to deliver during the third quarter. In September, all our...

The trading transaction on the Nigerian Stock Exchange (NSE) opened the week on Monday on negative territory as the Exchange All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.27 per cent, while the Year-to-Date return stood at -4.97 per cent. The All Share Index closed at 27,220.09 against...

The former Speaker of the Federal House of Representatives, Honourable Dimeji Bankole has joined the league of eminent Nigerians calling for the listing of big corporations operating in Nigeria on the floor of the Nigerian Stock Exchange (NSE). He made the call at the Gala Night for the 20th Annual...

A turnover of 678.710 million shares worth N6.875 billion in 11,808 deals were traded this week by investors on the floor of the Nigeria Stock Exchange (NSE) in contrast to a total of 674.721 million shares valued at N7.657 billion that exchanged hands last week in 12,290 deals. The NSE...

Access Bank Plc has announced an impressive profit of N72 billion for the nine months ended September 30, 2016 based on enhanced business efficiency as a result of the effective execution of its long-term strategy. The Bank’s Profit before Tax (PBT) showed an increase of 19 per cent from N60.4...

Shareholders of Conoil Plc have applauded the company’s strong financial performance despite the difficult operating environment in the country. Speaking at the company’s annual general meeting held at the weekend in Uyo, Akwa Ibom State, the shareholders expressed their delight that the foremost fuel marketing company was able to declare...

For the third day in the week, the Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization closed positive, increasing by 0.21 per cent, while the Year-to-Date return stood at -4.71 per cent as investors gained N20 billion in the final trading day of the week. The...

Despite harsh economic environment in Nigeria, Dangote Cement Plc has reported an improved performance as it grew its revenue for the nine-month period ended September 2016 by N76.642 billion or 20.97 per cent from N365 billion it made in the same period of 2015 to N442 billion in 2016. The...