PZ losses N4.7bn to forex, declares negative profit for Q1 2016
PZ losses to forex, declares negative profit for Q1 2016 PZ Cussons Nigeria Plc has reported a massive loss of billion to foreign exchange during the first quarter of 2016.…
Economic challenges: Diageo stops N23bn deal with Guinness Nigeria
Economic challenges: Diageo stops N23bn deal with Guinness Nigeria The Dwindling Nigeria economic has triggered Diageo Plc to cancel its plan to take offer per cent of Guinness Nigeria. The…
Vitafoam reports N159 million loss in nine months
Vitafoam reports N159 million loss in nine months Vitafoam Nigeria Plc has announced a huge loss of million for the period of nine month ended 30 June 2016. The company’s…
Unauthorized share sales: SEC bans WT Securities directors
Unauthorized share sales: SEC bans WT Securities directors The Securities and Exchange Commission (SEC) in its efforts to improve investors’ confidence and strengthen Nigerian capital market has banned two WT…
Conoil incraeses profit by 176%, to pay N2.08bn dividend
Conoil incraeses profit by 176%, to pay dividend Conoil Plc has announced 176 per cent increase over its last financial year profit despite the turbulence that rocked the nation's economy…
MTN plans to meet international investors ahead of bond offering
MTN plans to meet international investors ahead of bond offering Bloomberg: MTN Group Ltd. plans to meet fixed-income investors in the and the to gauge interest in a possible offering…
1st Nigeria’s venture capital summit holds in June
1st Nigeria’s venture capital summit holds in June The Venture Capital Advocacy Summit, the first of its kind in Nigeria that will bring together all the critical elements that could…
Personal wellbeing index decline by 0.6 points in Q2
Personal wellbeing index decline by points in Q2 The Portfolio of Indices report released by NOIPolls Limited for Q2, 2016 has revealed that the NOIPolls Personal Well-Being Index (PWBI), which…
Foreign investors lower stake in stock market, inflow dips 45% in July
Foreign investors lower stake in stock market, inflow dips 45% in July By Kayode Ogunwale Foreign investor transactions for the month of July, 2016 at the Nigerian Stock Exchange (NSE)…
Stock market plunges N141bn in August
Stock market plunges N141bn in August By Kayode Ogunwale Equity transaction on the Nigerian Stock Exchange (NSE) closed the month of August negatively with N141 billion. The market indicator, market…