Zenith Bank after tax profit down to N44.8bn in half year 2016, proposes N0.25 kobo interim dividend
Zenith Bank after tax profit down to in half year 2016, proposes kobo interim dividend By Kayode Ogunwale Zenith Bank Plc has reported a drop of billion in the profit…
SEC to abolish dividend warrant by June 2017
SEC to abolish dividend warrant by June 2017 By Kayode Ogunwale The Securities and Exchange Commission (SEC) has intensified strategy to eliminate unclaimed dividend in the Nigerian capital market.…
Five quoted companies to raise N160bn fresh capital
Five quoted companies to raise N160bn fresh capital By Kayode Ogunwale Five notable companies listed on the Nigerian Stock Exchange (NSE) have approached regulators for approval of N160 billion…
Foreign investors interest in Nigeria equity drops 54% in half year 2016
Foreign investors interest in Nigeria equity drops 54% in half year 2016 By Kayode Ogunwale Foreign exchange crises rocking Nigeria economy has caused foreign investors to stay away…
Dangote Cement predicts strong volume growth for 2016 …to open Congo, Sierra Leone plants before year end
Dangote Cement predicts strong volume growth for 2016 …to open Congo, Sierra Leone plants before year end Dangote Cement Plc has revealed new strategies to boost its cement business across…
Double digits GDP growth rate is possible for Nigeria-Olagunju
Double digits GDP growth rate is possible for Nigeria-Olagunju The Bank of Industry (BoI) has expressed optimism in the Nigerian economy to hit a double digit Gross Domestic Product (GDP)…
Fidelity Bank grows deposit to N829.9bn in half year 2016
Fidelity Bank grows deposit to in half year 2016 Fidelity Bank Plc, has announced its unaudited results for the half year ended June 30, 2016, disclosing that its deposit…
Oando records N212bn revenue, cuts debt by half
Oando records N212bn revenue, cuts debt by half Oando Plc has announced unaudited results for the six months period ended 30 June, 2016. The company’s turnover increased by 18…
Forte Oil to raise N50bn debt capital before December
Forte Oil to raise N50bn debt capital before December Forte Oil Plc has expressed its readiness to raise fresh capital of N50 billion before the end of the year for…
Purchasing Managers’ Index records modest improvement in July
Purchasing Managers’ Index records modest improvement in July FBNQuest has reported modest increase in manufacturing Purchasing Managers’ Index (PMI) for the month of July, 2016. FBNQuest, the merchant banking…