CAPITAL MARKET

For second day running, equity transactions on the Nigerian Stock Exchange (NSE) closed positive as investors on the Exchange gained N24.9 billion as the All-Share Index (ASI) and Market Capitalisation closed at 27,389.02 basis points and N9.406 trillion respectively on Tuesday compared to 27,316.52 basis points and N9.381 trillion  recorded...

Dangote Flour Mills Plc has returned to profitability as it posted a profit before Tax (PBT) of N2.64 billion in the half-year ended June 30, 2016, compared to a loss of N9.55 billion posted at the corresponding period in 2015. According to the half- year report of the company released...

Trade transactions on the Nigerian Stock Exchange (NSE) started on a bright note on Monday as the twin-market indicators closed positive as the All-Share Index and Market Capitalisation recorded 27,316.52 basis points and N9.382 trillion respectively from 27,246.88 and N9.358 trillion with which it began the week transactions respectively. This...

The Securities and Exchange Commission (SEC) and other market stakeholders have been commended on the issues of e-dividend, unclaimed-dividend solutions and extension of deadline on e-dividend registration by shareholders in the country. A shareholder activist and co-Founder Nigeria Shareholders Solidarity Association (NSSA), Alhaji Gbadebo Olatokunbo in a statement made available...

The NSE All-Share Index and Market Capitalization of the Nigerian Stock Exchange (NSE) depreciated by 0.65 per cent to close the week at 27,246.88 and N9.358 trillion respectively. Similarly, all other Indices finished lower during the week, with the exception of the NSE Industrial Goods Index that gained 0.66 per...

Stanbic IBTC Asset Management Limited, a member of Stanbic IBTC Holdings Plc, introduced a Stanbic IBTC Dollar Fund (SIDF) into the Nigeria market, in a bid to provide retail and institutional investors the opportunity to deal with loss of wealth as a result of the sustained pressure on the naira....

Despite that the bation’s economy and the banking industry are struggling with fiscal and monetary challenges that saw inflation and foreign exchange at their worst in many years, Zenith Bank Plc has announced a profit before tax of N63 billion in audited results for the half year ended June 30,...

After a day respite, the Nigerian Stock Exchange (NSE) reverted to the negative territory on Thursday as the Market All-Share Index and Market Capitalisation which closed at 27,421.83 basis points and N9.418 trillion respectively in the previous day’s trading ended on Thursday at 27,280.95 basis points and N9.370 trillion respectively,...

The Nigerian Stock Exchange (NSE) has reduced the listing and trading fees for securities listed and traded on its Fixed Income Market. According to a press statement from the Exchange, the revised fee structure which is effective from August 17, 2016, will be piloted for an initial six-month period, and...

Director-General of the Securities and Exchange Commission of Nigeria (SEC), Mr. Mounir Gwarzo, revealed on Wednesday that only 6,000 investors have registered on e-dividend portal since the inception last year, as against projections of one million e-dividend registrations. Aaccording to him, "We are still having issues in respect of e-dividend...