Tuesday January 12 , 202 1 / 0 3 : 36 PM / Proshare MARKETS / Header Image Credit: Proshare Markets Proshare Nigeria Pvt. Ltd. Equities market closed today on a positive note, as NSEASI appreciated by +0.36% to close at 40,295.95 basis points as against +0.08% appreciation recorded previously. Its Year-to-Date (YTD) returns currently […]
’Femi Asu OVH Energy Limited, an Oando licensee, says it has offered scholarships, through its University Scholarship Scheme, to 19 qualified students from universities within its host communities in the current 2020/2021 academic calendar. The firm said in a statement that it was set to drive educational development and human capacity building through its Corporate […]
Japaul Gold stocks have continued with its streak of gains today with no sign of slowing down, as the shares of the company gain 9.45% at mid-day on the floor of the Nigerian Stock Exchange, taking its year-till-date gains to 104%. Source: Meristem Checks by Nairametrics at today’s trading session revealed that the company which […]
Dangote Cement Plc has announced the completion of the first tranche of its share buy-back programme, as the cement behemoth bought back shares of the company worth N9.77 billion. This announcement was made by the management of the company, in a recent statement issued and signed by the Deputy Company Secretary, Mr Edward Imoedemhe, today, […]
Shares of Exxon Mobil fell 3.56% to $48.52 at 12:00 EST on Friday, after five sequential sessions in a row of gains. NYSE Composite is falling 1.25% to $14,856.89, following last session’s upward trend, This seems, as yet, an all-around negative trend exchanging session today. Exxon Mobil’s last close was $50.31, 42.37% under its 52-week […]
Friday, January 15, 2021 / 06:00 AM / By Proshare Research/ Header Image Credit: EcoGraphics Proshare Nigeria Pvt. Ltd. The O&G Business Gambit P rofitability – Priming the Money Pump Revenue The latest result of NDEP shows an increase in earnings and financial position of the group despite instability in the industry which impacted the […]
Stanbic IBTC Holdings Plc has announced that its Bureau De Change subsidiary, Stanbic IBTC Bureau De Change Limited has discontinued business since January 1, 2021, by relinquishing its operating licence. The company disclosed this in a statement signed by its secretary, Chidi Okezie. It explained that the discontinuation of operations of the BDC business was […]
Proshare Nigeria Pvt. Ltd. The Central Bank of Nigeria (CBN) follows a managed exchange rate policy, but is it moving towards a crawling peg? Last year saw several changes in the CBN’s official rate, and smaller (though significant) changes in Naira exchange rates quoted by FMDQ, Nigeria’s over-the-counter (OTC) exchange. Moves recorded in the last […]
The Nigerian Stock Exchange (NSE) has debarred Thomas Wyatt Nigeria from trading their shares. A statement signed by Lilian Dako, head of NSE listing regulation department, said the company was suspended for failing to file its audited financial statements for the year ended March 31, 2020. NSE said: “The suspension of trading in the shares […]
Following gains recorded by most blue chip stocks, especially Seplat and FTN Cocoa, transactions on the Nigerian Stock Exchange (NSE) extended gain to two consecutive sessions, causing market capitalisation to appreciate further by N66 billion At the close of transactions yesterday, the All-Share Index (ASI) gained 125.70 absolute points, representing a growth of 0.31 per […]
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