Profit taking drags market into the red as ASI down by 0.51%
Profit taking drags market into the red as ASI down by Sustained profit taking by investors, dragged the domestic bourse into the red for the third consecutive trading session…
Equity market further recedes, sheds 0.04%
Equity market further recedes, sheds The equity market on Monday opened the week in a bearish position, shedding percent to peg the year to date at percent. Today’s bearish…
Domestic bond market close flat this week
Domestic bond market close flat this week The performance of the domestic bond market was largely flattish this week as average yield across tenors closed at a similar level…
Equity market dips further by 1.11% week on week
Equity market dips further by week on week Nigerian equities market extended losses this week, as the ASI dipped further by percent week on week 41, points, causing the…
Access Bank grows earnings by 20%, proposes a final dividend of 40 kobo
Access Bank grows earnings by 20%, proposes a final dividend of 40 kobo Access Bank Plc has released its audited results for the full year ended 31 December, 2017,…
Equity market maintains downtrend, sheds 0.46%
Equity market maintains downtrend, sheds Investors in the equities market were downbeat, with the All Share Index (ASI) declining by percent to 41, points while year to date gain…
Dangote Cement to raise N300bn through bonds
Dangote Cement to raise N300bn through bonds Dangote Cement Plc has unveiled plans to raise N300 billion through a bond shelf programme. Brian Egan Chief Financial Officer (CFO) of…
Equity market maintains downtrend, sheds 0.35%
Equity market maintains downtrend, sheds The downward trend of the local bourse was extended into the fifth consecutive day following sell offs in Guaranty Trust Bank ( percent) Seplat…
Oladipupo Jadesimi emerges FCMB Group chairman
Oladipupo Jadesimi emerges FCMB Group chairman FCMB has announced Mr. Oladipupo Jadesimi as new chairman of the group, following the approval of his appointment as a non executive director…
CWG expects lower earnings for 2017 year end
CWG expects lower earnings for 2017 year end Following the preliminary review of CWG Plc’s financial statements for the year ended 31 December 2017, it is expected that the…