WorldStage Newsonline– Seplat Petroleum Development Company plc, a leading independent E&P company has announced the grant of 268,029 shares to Mr Roger Brown at nil-cost option in respect of the 2020 Annual LTIP Award under its 2014 Long Term Incentive Plan. In a notice at the Nigerian Stock Exchange, the oil firm said the grant […]
’Femi Asu Nigeria spent a total of N1.62tn on the importation of Premium Motor Spirit (petrol) from January to September, the latest data obtained from the National Bureau of Statistics have shown. The country spent N1.72tn on petrol imports in the whole of 2019, according to the NBS. The data also showed that petrol topped […]
Nigerian Stocks were fired up at the last trading session of the week cumulatively. The All-Share Index and Market Capitalization appreciated by 7.46% to close the week at 36,804.75 and N19.236 trillion respectively. Investors gained N1.33 trillion. A total turnover of 1.893 billion shares worth N17.647 billion in 20,660 deals was traded this week by […]
Following yesterday’s meeting, OPEC and other oil-producing nations led by Russia reached a deal to modestly increase production in January amidst a raging second wave of the coronavirus pandemic though with the prospect of vaccines offering some hope. Based on the agreement, members of the Organization of the Petroleum Exporting Countries along with Russia and […]
Olaniwun Ajayi won IFLR’s inaugural Nigeria Law Firm of the Year award for its work on many of the market’s most innovative cross-border transactions of 2019-2020. The award was presented at the virtual winner’s ceremony for the IFLR Africa Awards 2020, held in September. The firm also picked up awards for Nigeria’s capital markets team […]
Total Nigeria managed to overwrite a half year loss in the third quarter but the company is still headed for the worst performance in many years in the 2020 financial year — crashing sales revenue is the centre of its challenges. The petroleum marketing company lost 37 percent of turnover quarter-on-quarter in the third quarter […]
Nigerian Stock Exchange closed Friday’s trading session on a bullish note. The All Share Index gained by +1.56% to close at 36,804.75 index points as against +2.10% appreciation recorded on Thursday. Nigerian Stock Exchange capitalization now stands at N19.24 Trillion. Its Year-to-Date (YTD) returns currently stands at +37.12%. Nigerian bourse trading turnover at the last […]
Nigerian Stock Exchange The Nigerian Stock Exchange (NSE) market capitalisation on Friday rallied by N296 billion to cross N19 trillion mark, amid gains by some blue chips. Specifically, the market capitalisation which opened at N18.940 trillion rose by N296 billion or 1.56 per cent to close at N19.236 trillion. Also, the NSE All-Share Index inched […]
Mr. Tajudeen Shobayo, a Director on the Board of Nigerian Aviation Handling Company Plc (NAHCO), has acquired 1,065,700 additional shares of the company, worth N2.45 million. According to the notification issued today the 17th of December, 2020, by the company’s Secretary, Mr Bello Abdullahi, the Director purchased the shares at a price of N2.30 on […]
The local bourse today continued its upward trend as the benchmark All Share Index recorded a 1.10% appreciation to close at 35,225.22 index points. Investors also gained N200.77 billion at close of trading. Consequently, market capitalization and year to date return settled at N17.78 trillion and 30.91% respectively. A total volume of 264.2million units of […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.