MARKETS

PZ Cussons Plc has assured shareholders that the company was well positioned to leverage emerging opportunities in the industry to boost profitability and increase shareholders value. The Chief Executive Officer of the company, Christos Giannopoulos, made this known on the floor of the Nigerian Stock Exchange (NSE), in Lagos, explained...

The All Share Index (NSE ASI) and the Market Capitalization of The Nigerian Stock Exchange (NSE) increased by 0.60 per cent, at the end of business transactions today, while the Year-to-Date return stood at -12.87 per cent. The All Share Index closed at 24,957.08 against the previous close of 24,809.29...

Nigeria’s largest stockbroking firm and member of Stanbic IBTC Holdings PLC, Stanbic IBTC Stockbrokers Limited, has launched an online stockbroking service on The Nigerian Stock Exchange (NSE) with real-time processing capacity. The Stanbic IBTC E-Trade provides investors with real-time market information as well as enabling them give real-time mandates to...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 0.60%, while the Year-to-Date return stood at -12.87%. The All Share Index closed at 24,957.08 against the previous close of 24,809.29 while Market Capitalization closed at ₦8.585 trillion against Wednesday close of ₦8.534 trillion. Volume...

Shareholders of Access Bank Plc, on Wednesday commended the board and management of the bank for its strong financial performance in 2015 despite the difficult operating environment. The Bank’s shareholders also approved the board’s recommendation to pay a final dividend of 30 kobo per share. This is in addition to...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization decreased by 0.06%, while the Year-to-Date return stood at -13.38%. The All Share Index closed at 24,809.29 against the previous close of 24,823.86 while Market Capitalization closed at ₦8.534 trillion against previous close of ₦8.539 trillion. Volume...

The Council of the Chartered Institute of Stockbrokers (CIS) has elected Mr Oluwaseyi Abe as the President and Chairman of the Governing Council of the Institute. Also, the duo, Mr Adedapo Adekoje and Mr Olatunde Amolegbe have been elected as the First Vice President and Second Vice President respectively. The...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 0.24 per cent, translating to N20 billion value addition, while the Year-to-Date return stood at -13.33 per cent. The All Share Index closed at 24,823.86 against the previous close of 24,765.10 while Market Capitalization closed...

FBN Holdings Plc announced its audited results for the full year ended December 31, 2015 with profit after tax dropping by 82 per cent from N84.0 billion in 2014 to N15.1 billion in 20 15. Despite the decline in profit, FBN Holdings proposed a dividend of N0.15 per share (150per...

The Securities and Exchange Commission (SEC) has urged law enforcement agencies to collaborate with the Commission in its quest to ensure zero tolerance on infractions in Nigeria Capital Market and also ensure that perpetrators of fraudulent acts are brought to book appropriately. Director General of SEC, Mounir Gwarzo stated this...