Floor of Nigerian Stock Exchange Low, medium and high capitalised equities dominated worst performing table on the Nigerian Stock Exchange (NSE) for the month of July in percentage terms. Concise News gathered that Tantalizers emerged the worst performing equity in percentage terms with 41.67 per cent. Data obtained from NSE indicated that the stock during […]
Nigerian Stock Exchange Central Bank of Nigeria (CBN) huge fines on four deposit money banks over alleged illegal fund repatriation on behalf of MTN Nigeria weighed heavily on the local bourse yesterday, causing the All-share index to slide by 0.77 per cent. The Nigerian Stock Exchange-All Share Index (NSE-ASI) decreased by 272.27 absolute points, representing […]
Transactions reopened on the Nigerian Stock Exchange (NSE) on Thursday after the two-day public holiday to mark Eid-El-Kabir celebration with a growth of 1.57 per cent. Specifically, the All-Share Index which opened at 34,663.48 rose by 542.68 points or 1.57 per cent to close at 35,206.16 compared with 34,663.48 achieved on Monday. Similarly, the market […]
The Nigerian Stock Exchange (NSE) kicked off this week’s trading with a 0.32% decline in the All Share Index at 35,311.36 basis point. The Market capitalization closed at N12.891 trillion. The gainer’s chart was led by Total Nigeria Plc, Flour Mills of Nigeria Plc, Lafarge Africa, Nigerian Breweries Plc and Guaranty Trust Bank with their […]
By Dipo Olowookere Activities at the local bourse finished bearish again on Thursday as result of losses recorded by counters in the banking sector. Late Wednesday, UBA and Access Bank finally released their much-awaited half year earnings and despite the impressive results churned out by the former, investors chose to react to the not-too impressive […]
The Nigerian stocks market fell by 0.44 per cent amid renewed profit taking activity in Industrial and Consumer Goods stocks, reversing previous day’s positive sentiment. The Nigerian Stock Exchange-All Share Index (NSE-ASI) shed 157.27 absolute points, representing a decline of 0.44 per cent to close at 35,358.94 points. Also, the market capitalisation declined by N57 […]
The Floor of Nigerian Stock Exchange Market capitalization on the floor of the Nigerian Stock Exchange (NSE) depreciated on Wednesday by N57billion to close at N12.909trillion. This is as the All Share Index reduced by 157.27 absolute points, a fall of 0.44 percent to close at 35,358.94 points. The development was due to profit-taking in […]
Lafarge Africa Plc The board of Lafarge Africa Plc, on Monday, wrote the Nigerian Stock Exchange (NSE), announcing plans for an Extra-Ordinary General Meeting (EGM), on September 25, 2018, in Lagos, to authorise the directors to raise up to N90billion in fresh capital by way of rights to existing shareholders. The company will also seek […]
Lafarge Africa Plc will hold an Extra Ordinary General Meeting (EGM) on Tuesday, September 25, 2018. Among the agenda to be discussed are: Approval of the appointment of Mr. RossenPapazov as a Non-Executive Director.Approval of Rights Issue and Debt-to-Equity Conversion. That the Company be and is hereby authorised to enter into a related party transaction […]
By Modupe Gbadeyanka The board of Lafarge Africa Plc, a company trading its securities on the Nigerian Stock Exchange (NSE), has expressed its intention to raise the sum of N90 billion from its shareholders. This would be carried out through rights issue by way of a rights issue of ordinary shares to its shareholders. A […]
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