Revisiting Seplat, After Six Years, By Okey Ikechukwu
History was made, nearly a decade ago, in the oil and gas and financial services industries, with the simultaneous listing of the ordinary shares of Seplat Petroleum Development Company Plc…
Border reopening: NSE market capitalisation hits N19trn; Dangote, MTN lead gainers
The Nigerian Stock Exchange (NSE) market capitalisation on Friday nosed up by N296 billion to cross N19 trillion mark, amid gains by some blue chips. Specifically, the market capitalisation which…
Review: Nigeria’s stock market ends in red, 2020 offers hope
With barely six days of trading before the year ends, it is almost certain that transactions on the Nigerian Stock Exchange (NSE) will close in the red zone. The outgoing…
MTN, UBA lead losers at Nigerian Stock Exchange as profit-taking takes toll
The All-Share Index of the Nigerian Stock Exchange (NSE) on Friday bowed to profit taking after two-day upward trend. The index lost 33.59 per cent to close at 26,536.21 compared…
Stock market goes bearish but Zenith Bank, others see high volume sales
Sell pressure recorded by highly capitalised stocks forced the Nigerian Stock Exchange (NSE) market indices to close negative on Tuesday. Consequently, the crucial market indicators dipped 0.53 per cent, amid…
NSE: Market capitalisation jumps by N49bn; Stanbic IBTC, MTN lead gainers
The market capitalisation of the Nigerian Stock Exchange (NSE) rebounded on Friday with a gain of N49 billion in the last trading day of August. The market capitalisation which opened…
Zenith Bank: New management pledges enhanced results, dividends
The new management of Zenith International Bank Plc on Wednesday assured the capital market community and shareholders of enhanced financial performance and value creation. Mr Ebenezer Onyeagwu, the new Group…
Airtel Africa’s secondary listing on NSE holds Monday, gets SEC’s nod
The Securities and Exchange Commission (SEC) has finally approved the planned secondary listing of Airtel Africa Plc on the Nigerian Stock Exchange (NSE). A source close to the transaction told…
Dangote Sugar posts N34.6bn profit, earns N150bn revenue
Dangote Sugar Refinery, a subsidiary of Dangote Group, has declared a profit before tax of N34.6 billion for the financial year ended Dec. 31, 2018. A breakdown of the result…
Nigeria equity market extends negative outlook, down by 0.35%
The Nigerian Stock Exchange (NSE) extended negative outlook for the second consecutive day with crucial market indices dropping further by 0.35 per cent amid profit taking. Specifically, the All-Share Index…