Following the improved earnings performance that was recorded in its 2018 financial year, the board of directors of Cadbury Nigeria Plc, has proposed 25 kobo dividend to its shareholders. Details of the corporate action from the company shows that register of members closes on May 24, 2019. Payment date is June 19, 2019. The company […]
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Cadbury Nigeria Plc to pay final dividend for 2018 financial year
Cadbury Nigeria Plc Cadbury Nigeria Plc has announced a final dividend payment of N0.25 kobo per N0.50 kobo ordinary shares. This, according to the company, is subject to appropriate withholding tax. Come Wednesday, June 19, 2019, the dividends will be paid electronically to shareholders whose names appear on the Register of Members as at Friday, […]
NSE confirms ABC Transport, Mcnichols, Dangote Flour best performing stocks in Q1
WorldStage NewsOnline—-The Nigerian Stock Exchange (NSE) has listed ABC Transport, Mcnichols and Dangote Flour as best performing stocks in the first quarter of 2019. Data obtained indicates that ABC Transport led eight other companies to emerge the best performing stocks in percentage terms during the period under review. A breakdown of the data shows that […]
JUST IN: ABC Transport, Mcnichols, Dangote Flour Emerge Best Performing Stocks In Q1
ABC Transport For the Nigerian Stock Exchange (NSE), the stars of the first quarter of 2019 are ABC Transport, Mcnichols and Dangote Flour, which outperformed other listed stocks as at March 31. Data obtained by the News Agency of Nigeria (NAN) indicates that ABC Transport led eight other companies to emerge the best performing stocks […]
The Stock Market goes up for the second time this week
The Nigerian Stock Exchange ended Wednesday’s trading session in positive territory. The All Share Index closed at 29.202.54 basis points, up 0.18%. Year to date, the index is up 7.09%. Top Gainers and Losers Livestock Feeds Plc was the best performing stock today. The stock gained 10% to close at N0.55. Custodian and Allied Insurance […]
Equities Market Records Marginal Decline, Down 0.01%
Nigerian Stock Exchange (NSE) Lagos – Nigerian Stock Exchange – All Share Index (NSE-ASI) recorded a marginal decline to close the second trading session of the week yesterday. The All Share Index (ASI) shed 3.46 absolute points, representing a dip of 0.01 per cent to close at 31,038.86 points. Meanwhile, the market capitalisation gained N95 […]
Fidson records N16.23b turnover
Fidson Healthcare Plc has recorded 15 per cent growth in sales in 2018 as the company continues to grow its business. The company’s audited financial report showed that turnover rose from N14.06 billion in 2017 to N16.23 billion in 2018. Managing Director, Fidson Healthcare Plc, Fidelis Ayebae, said the increase in revenue was as a […]
Companies to receive awards for dividend payment
Securities and Exchange Commission The board of directors of Third Observers Nigeria Limited has concluded arrangements to present awards to quoted companies that delight investors with good dividend payouts. The awards ceremony is scheduled for next week in Lagos. The theme for second edition of the awards is: How Regulations Protect Investments and Help Secure […]
Equities Market Declines Further as Investors Ignore Companies’ Results
Goddy Egene The Nigerian equities market witnessed further decline yesterday as investors appeared to be ignoring the 2018 financial results of companies. The market had shed 1.2 per cent in the first quarter of 2019 majorly due to political risks. Stakeholders have been hoping that the reduced political tension after the general elections and release […]
Negative trend persist as stocks plummet 1.6%
Equities segment of the Nigerian Stock Exchange began trading for the week on a negative note, following profit taking activities in Nestle Nigeria Plc (-8.3%) and Eco Transnational Incorporated (-3.4%) and losses in Nigerian Breweries (-5.6%). Consequent on this, the All Share Index (ASI) retreated by 1.6 percent to 30,531.69 points as year-to-date return further […]