Darasimi Adebisi Guinness Nigeria Plc Monday in Lagos declared a final dividend of N0.46k per 50 kobo ordinary share, translating to N1.01 billion for the financial year ended June 30, 2021. The company’s secretary, Rotimi Odusola in a statement on Nigerian Exchange Limited (NGX) explained that, “On 20th October 2021, dividends will be paid electronically […]
Tag: XNSA_GUINNESS
Over 200 set for CEO Summit 2021
Dr. Patricia Murugami Kampala, Uganda | THE INDEPENDENT | The 12th edition of the CEO Summit will be held virtually on September 17th, 2021. The CEO Summit, the largest gathering of Uganda’s leaders and private sector decision-makers, will bring together 200 corporate sector leaders from the private sector, the civil society, and the public sector. […]
NSE key indices drop further 0.57%
Pulse Nigeria Specifically, the All-Share Index declined by 221.98 points or 0.57 per cent to close at 39,045.13, compared with 39,267.11 posted on Tuesday. Also, the market capitalisation dropped by N116 billion, closing at N20.428 trillion, from N20.544 trillion. The market loss was driven by price depreciation in large and medium capitalised stocks, amongst which […]
Persistent sell-offs in GTBank, BUACem, Guinness drove the bears on Tuesday as investors lost N78.5bn in post-Easter trading
Charles Abuede The Nigerian Equities Market started the new week on a bearish note, with traders and investors alike coming back from the short Easter break to extend the persistent bearish run the market has been experiencing into the fourth trading session as investors lost N78.5 billion on the first trading day in April. The […]
Stock market capitalisation plunges by N78 billion
[FILES] The reception area at the Nigerian Stock Exchange in Lagos, Nigeria. PHOTO: Ruth McDowell/ 2019 Bloomberg Finance As Onyema ends tenure as NSE’s CEO Following losses by most blue-chip stocks, the Nigerian Stock Exchange (NSE) sustained a sliding profile at the opening of the week yesterday, leading to a fall in market capitalisation by […]
NSE resumes Easter holidays with N78bn loss
The total volume of trades declined by 6.19 per cent [Reuters/Akintunde Akinleye] Specifically, the All-Share Index lost 150.13 points or 0.39 per cent to close 38,766.61 compared with 38,916.74 achieved on Thursday. RECOMMENDED ARTICLES Also, the market capitalisation lost N78 billion to close at N20.283 trillion from N20.361 trillion achieved on Thursday. The market loss […]
Equities trading closes negative as investors lose N78bn
Equities trading begins the week on a bearish trend as the Nigerian Stock Exchange All-Share Index dipped by 0.39 per cent in the session to close at 38,766.61 basis points on Tuesday. After the Easter break, the local bourse went southward to peg the market capitalisation at N20.283 trillion as investors shed N78 billion from […]
NSE: Market Resumes From Easter Holidays With N78bn Loss
Nigerian Stock Exchange NSE: Market Resumes From Easter Holidays With N78bn Loss The Nigerian stock market resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due to persistent bearish trend, the News Agency of Nigeria reports. Specifically, the All-Share Index lost 150.13 points or 0.39 per cent to close […]
Investors lost N116bn on Wednesday as sell pressures in MTN, Access Bank, Stanbic dragged the NSE-ASI
Charles Abuede The local bourse continued in its staggering movement on Wednesday due to selling pressures in MTN Nigeria (-2.9%), Access Bank (-3.6%), and Stanbic IBTC (-1.0%) which dragged the All-Share Index lower by 0.57 per cent to settle at 39,045.13 points. As a result, the market year to date loss worsened to -3.0 per […]
Guinness Nigeria announces leadership changes
By Ibrahim Apekhade Yusuf Guinness Nigeria Plc. has announced key changes in its executive leadership in a bid to align with the company’s growth trajectory. The Managing Director, Guinness Nigeria Plc, Baker Magunda while announcing the appointments and movements, revealed that all the appointments are in line with the organisation’s growth strategy. “The appointees have […]