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Nigerian Stock Exchange NSE

NSE indices record 0.21 percent loss

The Nigerian Stock Exchange (NSE) market indices shed 0.21 per cent due to loses in some blue chips.
Nigerian Stock Exchange NSE

NSE lists Greenwich Alpha ETF

The Nigerian Stock Exchange (NSE), yesterday, announced the listing of the Greenwich Alpha ETF (Greenwich Alpha) by Greenwich Asset Management Limited, on its Daily Official List. This is even as the Greenwich Alpha ETF units were listed at N100 each following an Initial Public Offer (IPO) on Monday.
Nigerian Stock Exchange NSE

NSE lifts suspension on shares of Universal Insurance

The Nigerian Stock Exchange (NSE) has lifted the suspension placed on the trading on shares of the Universal Insurance Plc.
Nigerian Stock Exchange NSE

Pressure on equities as investors lose N200 billion

Sustained sell-offs in highly capitalised stocks trading on the floor of the Nigerian Stock Exchange (NSE) was the theme this week as investors lost a total of N200 billion Week-on-Week.

Former presidential aide makes list of Top 100 Most Influential Africans

Immediate past Senior Special Assistant (SSA) to the President on National Social Investment Program, Ismaeel Ahmed, has been named among the 100 global Most Influential People of African Descent (MILDA) Under 40, it was learnt.
Nigerian Stock Exchange NSE

Nigerian stocks slump further

The Nigerian stock market took another round of pummelling following the weak state of the economy and as a result of the N157 billion shaved off from the market capitalisation of the Nigerian Stock Exchange (NSE) Week-on-Week (W-o-W).
Nigerian Stock Exchange NSE

Sallah celebration: Market capitalisation sheds N57 billion

Ahead of Sallah celebration, crucial market indicators of the Nigerian Stock Exchange (NSE) on Friday declined further by 0.43 per cent due to profit taking.

MTN Nigeria celebrates 18 years of operations, promises quality ICT

Leading Information and Communications Technology (ICT) company, MTN Nigeria, on Thursday promised improved quality ICT offerings as it marked 18 years of its operations in Nigeria.
Nigerian Stock Exchange NSE

NSE market capitalisation bows to sell pressure, down by N69 billion

Activities on the Nigerian Stock Exchange (NSE) returned to bearish mood on Tuesday following sell pressure in blue chips, forcing the market capitalisation to drop by N69 billion.

Olam stakes N120 billion final offer for takeover of Dangote Flour Mill

OLAM International Limited has made a final of fer of N120 billion for the acquisition of 99.9 per cent equity stake in Dangote Flour Mills (DFM) Plc, which will make the flour-milling company a wholly-owned subsidiary of Olam International.
Nigerian Stock Exchange NSE

NSE crucial market indices resume trading with 0.14 per cent

The Nigerian Stock Exchange (NSE) crucial market indices resumed trading for the week on Monday with a growth of 0.14 per cent.
Nigerian Stock Exchange NSE

NSE delists First Aluminium Plc’s shares

The Nigerian Stock Exchange (NSE) has announced the delisting of the entire issued share capital of First Aluminium Nigeria Plc.

Awuneba Ajumogobia resigns as UAC director

Awuneba Ajumogobia, who served the company for 9 years, resigned with effect from July 31.
Seplat Petroleum Development Company

Seplat grows profit by 15.6% to N37b in H1

Seplat Petroleum Development Company Plc sustained its growth trajectory in the first half as pre-tax profit rose by 15 per cent to N37 billion, equivalent to $121 million.

Airtel Africa posts $796m revenue

As the corporate earnings continue to hold sway in the Nigerian market, Airtel Africa has announced that its revenue increased to $795.9 million from $744.5 million recorded in the corresponding period of 2018.

MTN earns N469 billion from airtime, data, SMS in H1

MTN Nigeria made a total of N469.4bn revenue from sales of airtime, data and Short Messaging Service in the first six months of the year, the 2019 half-year unaudited financial report of the company stated.
Seyi Makinde

Governor Makinde inaugurates panel to probe Senator Ajimobi’s contracts

Oyo State Governor Seyi Makinde has inaugurated a committee to probe contracts awarded by the administration of Senator Abiola Ajimobi.

MTN Nigeria posts 566.95bn revenue in six months

MTN Nigeria Communications Plc on Friday released its unaudited result for the six months ended June 30 and announced an interim dividend of N2.95 per share to its shareholders.

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Nigerian Stock Exchange NSE

NSE indices record 0.21 percent loss

The Nigerian Stock Exchange (NSE) market indices shed 0.21 per cent due to loses in some blue chips.
The team’s General Manager, Musa Adamu revealed that the team had to wait for the NBBF President, Musa Kida to return from Senegal where he went to cheer the D’Tigress to their fourth African title.

FIBA World Cup: D’Tigers departs for China on loan

The Men’s senior National Basketball Team will tonight leave for China for the final phase of their 2019 FIBA World Cup preparations.
The Federal High Court Abuja, on Monday, refused to grant a request stopping President Muhammadu Buhari from inaugurating the 43 ministerial nominees over the exclusion of an FCT indigene from the cabinet list.

Pass all requests for meetings with me through Abba Kyari – President Buhari tells ministers

President Muhammadu Buhari on Tuesday told incoming ministers that all requests for meetings with him should pass through his chief of staff, Abba Kyari.
Tukur Buratai

COAS: Nigerian Army ready to enhance local capacity in logistics provision

The Chief of Army Staff, Lt.-Gen. Tukur Buratai, has expressed the readiness of Nigerian Army to enhance local capacity in providing logistics for its operations.
Omoyele Sowore

#RevolutionNow: Court refuses to release Omoyele Sowore

A Federal High Court in Lagos has declined to order the release of SaharaReporters publisher, Omoyele Sowore, and other persons in connection with the August 5, #RevolutionNow protest.