CAPITAL MARKET

PZ Cussons Nigeria Plc has announced N1.59 billion loss after tax, 470.6 per cent below N472.9 million in prior quarter of 2015. Despite increased revenue and N4.7 billion loss to foreign exchange, PZ Cussons Nigeria Plc has announced its worst results in recent quarters with N2.4 billion loss before tax...

Diageo has scrapped plans to lift its stake in Guinness Nigeria due to tough conditions in one of its biggest markets for the world-famous stout, the drinks company said on Wednesday. According to Reuters’ report monitored by Business247 News  Online, the decision by Diageo, which makes Johnnie Walker Scotch and...

The equity market resumed the first trading day of the last quarter on a negative note as lead key indicator the Nigerian Stock Exchange (NSE) All-Share Index depreciated 0.20 per cent to close at 28,277.93 basis points from 28,335.40 basis points it opened today. Consequently, market capitalisation dropped by N20.5...

To increase awareness on the critical role of market data in making sound investment decisions on both the buy and sell sides, The Nigerian Stock Exchange (NSE) has concluded plans to host its first market data workshop. The workshop is said to be specifically designed for Investors, Market Data Aggregators,...

  Strategy for growth – driven by PwC purpose Total workforce reaches new record - over 223,000 Supporting our clients with more than 15,800 people dedicated to technology services Over $500 million invested in quality and service development 11 million hours of training undertaken by PwC people across the world...

On the heels of unstable economy and government unclear policies on economy, investors in equities on the Nigerian Stock Exchange (NSE) recorded a loss N127 billion in the past nine months. According to Business247 News Online Investigation, market capitalisation of the equities market opened this year at N9.86 trillion to...

The Nigerian Stock Exchange (NSE) All-Share Index and Market Capitalization appreciated by 0.31% to close the week at 28,335.40 and N9.733 trillion respectively. Similarly, all other Indices finished higher during the week, with the exception of the NSE Banking, NSE Lotus, NSE Industrial Goods and the NSE Pension Indices that...

NASD OTC Securities Exchange has expressed confidence that tenure of the newly inaugurated President of Chartered Institute of Stockbrokers (CIS), Mr Oluwaseyi Abe will encourage capacity building, stimulate activity, and encourage exercise of the highest ethics in the financial industry. On Wednesday 28 September, 2016, CSN held its 9th Investiture...

Investors on the Nigerian Stock Exchange (NSE)  traded 365.37 million shares on Thursday valued at N2.09 billion exchanged in 2,905 deals as against the 159.05 million shares worth N1.45 billion traded in 3,237 deals on Wednesday. The Financial Service Sector remained the toast of investors as Continsure emerged the most...

As weak revenue and hike in finance charges, Vitafoam Nigeria Plc has announced N159 million loss in nine months. The household company in its unaudited financial statements for the period ended June 30, 2016 shows a poor state performance compared to prior nine months of 2015. The company had announced...