CAPITAL MARKET

With slow sales and significant increase in financial charges, Lafarge Africa has announced N30 billion loss in profit for the half year period ended June 30, 2016. The cement manufacturing company had reported a N30.8 billion gain in prior half year attributed to increase sales and modest loss in finance...

Cadbury Nigeria Plc has recovered in its profitability, with a gain of N216.4 million in profit before tax in unaudited interim financial statement for the half year ended June 2016 from a loss of N250.7 million in the same prior of last year. Drop in cost of sales and growth...

Transcorp Hotels Plc has announced 7.5 per cent growth in profit after tax to N1.9 billion for the half year period ended June 30, 2016. The group profit after tax had closed half year of 2015 at N1.76 billion. Also, profit before tax stood at N2.75 billion, 11 per cent...

The Nigerian Stock Exchange (NSE) has entered into a contract to provide Dangote Cement Plc its Issuers Share Price Information service. The Issuers Share Price Information is an offering that enables companies listed on the NSE to display their respective share price on the homepage of their corporate website in...

The NSE All Share Index (ASI) lost 245.34 points to close at 28,488.56 points compared to 71.55 points lost on Monday to close at 28,733.90 points, as its year-to-date returns closed at -0.54 per cent loss even as Market Capitalisation also dropped by N84.3 billion to close at N9.784 trillion...

Investors in equities on the Nigerian Stock Exchange (NSE) began trading week today with a loss of N25 billion as the market Capitalisation which began the week at N9.893 trillion closed at N9.868 trillion even as the All-Share Index came down from 28,805.45 basis points with which it left the...

The Board of Directors of Nigerian Breweries Plc has declared revenue of N157.37 billion for the first half of 2016. The unaudited and provisional results released to The Nigerian Stock Exchange show that the amount represents a 4 per cent increase over the N151.67 billion declared in the corresponding period...

The Securities and Exchange Commission (SEC) has expressed determination to raise the participation of retail investors in the Nigerian Capital market as that is one of the critical ways of deepening the market. Director General of SEC, Mounir Gwarzo stated this when the management of the Commission visited the Federal...

A turnover of 1.149 billion shares worth N13.616 billion in 21,868 deals were traded this week by investors on the floor of the Nigeria Stock Exchange (NSE) in contrast to a total of 377.798 million shares valued at N3.641 billion that exchanged hands last week in 7,466 deals. The NSE...

The management of Access Bank Plc has notified the Nigerian Stock Exchange (NSE) of late filling of half year results for period ended June 30, 2016. The lender in a statement signed by it Company Secretary, Sunday Ekwochi and Chief Finance Officer, Seyi Kumapayi, said board of directors will be...