MARKETS

 Shareholders of Nestle Nigeria Plc approved final dividend of N19.00 totalling N15 billion as declared by the company for financial year ended December 31, 2015. The multinational company had last year declared an interim dividend of N10.00 (N7.9 billion), totalling N29.00 (N21 billion). The N29.00 final dividend approved by shareholders...

Wole Tokede The NSE All-Share Index and Market Capitalization appreciated by 2.55 per cent and 2.36 per cent to close the week at 27,116.45 and N9.313 trillion respectively. Similarly, all other Indices finished higher during the week, with the exception of the NSE ASeM Index, NSE Insurance Index and the...

By our Correspondent The Nigerian Stock Exchange (NSE) has finally delisted eight companies including Alumaco Plc, IPWA and Adswitch Plc from its Daily Official List for violating listing rules. Other delisted include G. Cappa Plc; West African Glass Plc; Investment & Allied Insurance Plc; Jos International Breweries Plc and Rokanna...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 0.99 per cent, while the Year-to-Date return stood at -5.64 per cent as the market added  N91bn. The All Share Index closed at 27,028.24 against the previous close of 26,763.86 while Market Capitalization closed at...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization appreciated by 0.41 per cent, while the Year-to-Date return stood at -6.56. The market recorded a gain of N19 billion in the day trading. The All Share Index closed at 26,763.86 against the previous close of 26,655.48...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization decreased by 0.61 per cent, while the Year-to-Date return stood at -6.94 per cent even as the investors recorded value erosion of N56 billion in the day trading. The All Share Index closed at 26,655.48 against the...

The Venture Capital Advocacy Summit, the first of its kind in Nigeria that will bring together all the critical elements that could facilitate the entrenchment of the Venture Capital Culture in the country will hold between 28th and 30th June, 2016 at the Eko Hotel, Victoria Island, Lagos. The Summit...

The NSE All-Share Index and Market Capitalization appreciated by 2.88 per cent and 2.92 per cent to close the week at 26,441.03 and N9.099 trillion respectively. Similarly, all other Indices finished higher during the week, with the exception of the NSE Industrial Goods Index that declined by 1.15 per cent....

Wole Tokede Investors on The Nigerian Stock Exchange (NSE) recorded a capital depreciation of N62 billion as the bears took hold of daily transactions today. The All Share Index (NSE ASI) and the Market Capitalization decreased by 0.70 percent, while the Year-to-Date return stood at -10.46 per cent. The All...

By our Correspondent The Director General of Debt Management Office (DMO), Dr. Abraham Nwankwo, has restated the Federal Government’s commitment that all money to be borrowed to finance the 2016 budget will be dedicated to fund capital projects. Nwankwo stated this today at a one-day workshop by DMO on “Public...