As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as recommended by their respective boards of directors. It is also important to track these announcements to know who is eligible to collect the dividend, when it will be approved and when it will be paid. Dividend payment also affects […]
Nigerian stocks inched down by 0.01 per cent on Thursday, partly surrendering parts of the paltry gain posted at Wednesday’s trade, as investors cringed mostly from consumer goods equities, stoking worries as to how soon the downturn in the market would end. Greater volumes of shares in beer-maker Nigerian Breweries , UPDC, Vitafoam, GTCO and […]
The Nigerian Exchange (NGX) Limited has reviewed its sectoral market indices in order to reflect current trends at the stock market. The half-year review led to the entry and exit of some companies from several indices effective July 1, 2021. The Exchange explained that the indices were developed to allow investors to follow market movements […]
By Itohan Abara-Laserian Lagos, July 8, 2021 BOC Gases Nigeria Plc has notified the Nigerian Exchange Limited (NGX) of the appointment of Mrs Aderonke Segun-Alabi as Company Secretary. This is contained in a notice posted on the website of the NGX signed by Mr Adeshina Alayaki, Financial Director of the company, on Thursday in Lagos. […]
Ecobank Transnational Incorporated (“ETI”), the parent company of Ecobank Group, has announced plans to raise US$300 million from the international debt capital markets through the issuance of Tier 2 qualifying sustainability Notes pursuant to the United States Securities and Exchange Commission Rule 144A and Regulation S (the “Notes”). The leading financial institution listed on the […]
Nigerian stocks posted further loss on Thursday as the benchmark index tapered by 0.81 per cent as big-cap equities like MTNN and Dangote Cement contributed most to the slide. The industrial index, the only one to fall of the five sectorial indices tracked by the bourse, dipped 1.19 per cent on account of depreciation recorded […]
[FILES] Nigerian Stock Exchange (NSE). PHOTO: BLOOMBERG Despite improved numbers in 2020 full year result churned out by quoted companies, sentiments remained weak in the equities market, as losses recorded in the shares of most highly capitalised stocks, especially Dangote cement, BUA cement and MTN Nigeria pulled the All Share lndex (ASI) by 0.69 per […]
Goddy Egene The stock market rebounded last week after seven consecutive weeks of depreciation as investors responded positively to the dividends declared by Dangote Cement Plc and Stanbic IBTC Holdings Plc. The market had depreciated for six weeks due to weak investors’ sentiments. However, respite came last week as the Nigerian Stock Exchange (NSE) All-Share […]
Nigerian stocks retreated by 1.37 per cent on Friday, obliterating the feeble gain recorded at the session before as a number of big-cap stocks like MTN, Dangote Cement and BUA Cement took a hit from profit-taking efforts. The industrial goods index was the worst hit of the five sectorial indices, dipping by 4.40 per cent […]
Our Reporter Kogi State Government has restructured its sub-national bonds to extend the maturity date of the two bonds by three years. The government restructured its Kogi State N5 billion Series I 15 per cent Fixed Rate Bond and N3 billion Series II 17 per cent Fixed Rate Bond under the state’s N20 billion debt […]
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.