By Financescape Zenith Bank has changed the payment date for the 30 kobos interim dividend from the proposed date of September 2, 2019, to September 4, 2019. In a statement sent to the Nigeria Stock Exchange, the bank stated that the postponement was necessitated by the need to ensure that all transactions executed […]
By Hamisu B. S The Nigeria Stock Exchange close on a negative note, as the All-share index closed at 27,425.57 basis point or decreased by -0.66%, Market capitalization closed at N13.342 Billion. Total of 116,069,148.00 Shares were traded in 3,129.00 deals valued at N1,651,601,135.21. Year-to-Date (YTD) returns currently stands at -12.74%. Share […]
By Financescape Stanbic IBTC Bank plc one of the tier-one lenders in Nigeria has released its Half-year financial statement for the period ended June 30, 2019. The group’s gross earnings increased by 2.77% to N 117,374 million from N114,207million in the corresponding period in 2018. Net interest income […]
By Financescape UAC of Nigeria plc has informed the Nigeria Stock Exchange and investing public that it has entered into an agreement with imperial logistics limited under which imperial logistics ltd proposed to increase its shareholding in MDS logistics ltd from 49% to 57%, by acquiring an additional 8% shareholding from UAC Nigeria. […]
By Hamisu B. S The Nigeria Stock Exchange close on a positive note with marginal gain, as the All-share index closed at 27,607.02 basis point or +0.02 %, Market capitalization closed at N13.430 trillion. Total of 130,372,442.00 Shares were traded in 2,866.00 deals valued at N3,006,474,161.97. Year-to-Date (YTD) returns currently stands at […]
By Financescape The Nigeria Stock Exchange Has announced the delisting of Skye Bank Plc and Fortis Microfinance Bank Plc. In a notice to its dealing members, The Nigeria Stock Exchange stated that pursuant to Clause 15 of the General Undertaking, Appendix III of the Rule Book of The Nigerian Stock Exchange, 2015 […]
By Financescape Redstar Express Plc a leading courier and logistics company listed on the Nigeria Stock Exchange to raise 13.26 billion additional capital through a rights issue. In a notice released by the Nigeria Stock Exchange, Red Star Red Star Express Plc has through its Stockbroker, APT Securities and Funds Limited has submitted […]
By Financescape Zenith Bank plc one of the tier-one lenders in Nigeria has released its Half-year financial statement for the period ended June 30, 2019. According to the report, Gross earnings grew by 2.9% to N331.590 million from N322.201 million in the corresponding quarter. Profit Before Tax grew by 4% to […]
By Financescape Guaranty Trust Bank plc one of the leading Banks in Nigeria has released its Half-year financial account for the period ended June 30, 2019. According to the report, Revenue has dropped to N146.4 billion from N160 billion recorded in 2018. The Banks gross earnings drop to N221.9 billion in 2019 […]
By Hamisu B. S, Today August 19, 2019, The Nigeria Stock Exchange opens the week on a positive note, as All-share index increased by 0.71 % to closed at 27,115.89 basis point, Market capitalization closed at 13,214 trillion, The NSE All-Share Index Year-to-Date (YTD) returns currently stands at -13.62%. Courtville leads […]
