Transnational Corporation Plc has set strategies to maintain the strong business performance displayed in the recently released 2018 year-end results. The company, Nigeria’s leading conglomerate, articulated its robust growth projections for the year 2019 at its Facts Behind the Figures…
Stanbic IBTC grows FY 2018 PAT by 54%
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has released its audited financial results for the financial year to 31 December 2018 to the Nigerian Stock Exchange, which showed a strong liquidity position. The results, released to the…
Stock index rises 0.3% amid renewed bargain hunting (Guardian)
Following renewed bargain hunting embarked upon by stock market investors, transactions on the equity sector of the Nigerian Stock Exchange (NSE), closed upbeat Tuesday, as the All-share index rose marginally by 0.3 per cent. Specifically, at the close of transactions…
Investors lose N287bn as stocks take a hit
Investors in the equities market of the Nigerian Stock Exchange lost a total of N287bn on Friday as worsening political tensions and rising interest rates in the United States caused foreign investors to shun assets in Nigeria. The market capitalisation…
NSE: Seplat, Mobil lift market cap up by N117bn (SUN)
Following positive sentiment by investors in Oil stocks, trading activities on the floor of the Nigerian Stock Exchange (NSE), yesterday sustained its bull run as market capitalization rose by N117 billion to close at N14.188 trillion. Owing to significant interests…
UBA lists on NSE Premium Board
The Nigerian Stock Exchange (NSE) on Monday, migrated the pan-African financial institution, United Bank for Africa (UBA) Plc to its Premium Board after meeting its stringent Corporate Governance Conditions. The Premium Board is the newly created platform for elite companies…
SEPLAT becomes the first Oil & Gas Company to migrate to the NSE’s elite Premium Board
Joins the Premium Board just after 4 years of its dual listing on the NSE and LSE SEPLAT’s market capitalisation now N391.37bn Migration recognises SEPLAT’s adherence to international corporate governance best practices Seplat Petroleum Development Company Plc has been migrated…
Zenith is Nigeria’s biggest bank
Zenith Bank Plc has clearly affirmed its position as the largest Tier-1 bank in Nigeria. This emerged on on Monday with the release of its full year 2017 results. The bank’s audited accounts presented to the Nigerian Stock Exchange (NSE)…