No dividend for shareholders until we have positive retained earnings-Union Bank MD
No dividend for shareholders until we have positive retained earnings-Union Bank MD By Kayode Ogunwale MANAGING Director of Union Bank of Nigeria (UBN), Mr. Emeka Emuwa has said that,…
Investment Tribunal Chair Moves To Restore Investors’ Confidence
Investment Tribunal Chair Moves To Restore Investors’ Confidence TWO years after the Investments and Securities Tribunal was dissolved by the Federal Government, a new tribunal constituted last month has…
Flour Mills to raise N40bn rights issue
Flour Mills to raise N40bn rights issue FLOUR Mills of Nigeria Plc said its board has given approval in principle to the plans to commence with activities to raise…
Equity market opens week on positive trend, gains N176bn
Equity market opens week on positive trend, gains N176bn THE equities segment of the Nigerian Stock Exchange (NSE) opens on a positive note today despite a dip in both…
Coronation Asset Management lists three Mutual Funds on the stock exchange worth N2.17bn
Coronation Asset Management lists three Mutual Funds on the stock exchange worth WITHIN its first year of operation, Coronation Asset Management a subsidiary of Coronation Merchant Bank Limited today…
Guinness Nigeria’s $126 mln share sale oversubscribed
Guinness Nigeria's $126 mln share sale oversubscribed Guinness Nigeria’s billion share sale to existing shareholders was 116 percent subscribed, the company said on Wednesday. The brewer, the local unit…
FMDQ positions the Nigerian DCM for growth
FMDQ positions the Nigerian DCM for growth FMDQ OTC Securities Exchange played host to a wide audience of local and international financial markets participants, who turned out in large…
Capital Market scam: SEC Police Unit Arraigns BGL Officials
Capital Market scam: SEC Police Unit Arraigns BGL Officials THE zero tolerance stance on infractions of the Securities and Exchange Commission (SEC), received a major boost Thursday when the…
Stock market resumes week on bearish trend, sheds N45bn
Stock market resumes week on bearish trend, sheds N45bn By Kayode Ogunwale The equities market began the week with a loss of N45 billion at the close of today's…
Ogunbanjo replaces Aig-Imoukhued as NSE President
Ogunbanjo replaces Aig-Imoukhued as NSE President THE Nigerian Stock Exchange (NSE) has elected Mr. Abimbola Ogunbanjo as the new President of National Council of the Exchange. This decision was…