Thursday, 26th May 2022
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Capital Market

1 Apr 2015
SHAREHOLDERS of Guaranty Trust Bank Plc ,  yesterday commended the bank’s adherence to corporate governance, especially  in its dividend policy, even as they  endorsed  the bank’s N1.75 dividend due to every shareholder of the company.
1 Apr 2015
EUROPEAN stocks rose, bouncing back from last week's losses with tech shares rallying after merger talks in the industry spurred rallies in the sector.
25 Mar 2015
On the other hand, ‎Seplat Petroleum Development topped losers chart, shedding N18.08 kobo to close at N370.00, Nestle Nigeria Plc trailed with a loss of N15.00 to close at N805.00 while Guinness Nigeria Plc fell by N2.00 to close at N127.00.
25 Mar 2015
We expect capital levels and the sufficiency of this to remain an ongoing discourse for the Nigerian banks given the probable risks to earnings and book from material asset quality surprises, as well as continued naira depreciation. We maintain our view that dividend payouts and asset growth are likely to be cut near term to build the necessary capital buffers.
23 Mar 2015
THE volume of shares traded on the Nigerian Stock Exchange (NSE) witnessed a downturn last week, as a turnover of 1.382 billion shares worth N12.053 billion changed hands in 16,877 deals. This amount, was however, lower than a total of 3.596 billion units valued at N24.564 billion, exchanged in 24,288 deals during the preceding week.
19 Mar 2015
A quick analysis on the year to date performance of the cement stocks thus revealed that Dangote Cement recorded 25 per cent year o date loss, closely followed by Ashaka Cement and Wapco with 14.20 per cent and 0.12 per cent recorded, respectively while CCNN recorded 13.57 per cent year to date gains.
19 Mar 2015
The U.S. dollar has strengthened against most major currencies as central banks around the world ease monetary policy while the Fed is on track to tighten.
18 Mar 2015
Speaking earlier, President of Pearl awards, Tayo Orekoya commended the management of the SEC on its efforts to return the market to the path of sustainable growth and development adding that the giant strides and remarkable achievements of the new management within short period of time cannot be over emphasized
18 Mar 2015
IN February, the Consumer Price Index (CPI), which measures inflation rose by 8.4 per cent (year-on-year), the National Bureau of Statistics (NBS) said yesterday.
18 Mar 2015
The equities market closed yesterday on a negative note, as Nigerian Stock Exchange [NSE] All Share index [ASI] depreciated by 1.26 per cent to close at 29,553.69 basis points, compared with the 2.57 per cent depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at 14.73 per cent.
16 Mar 2015
The cost of banking may soon be reduced and other channels of income harnessed with new electronic banking options introduced into the country.
15 Mar 2015
In fact, the Budget Director General revealed that in the 2015 plan, non-oil revenue was for the first time projected to be higher slightly than oil mineral revenue, which makes the plan a non-oil economy Budget.


37 mins ago
This year, Africa Day coincides with the annual meeting of the World Economic Forum in Davos Switzerland. African leaders, together with world leaders, are gathering to discuss critical issues of importance to Africa, and the world. One of the critical issues that Africa must address is how the continent tackles climate change and the role…
49 mins ago
Mohammad Abacha, son of the late former head of state General Sani Abacha, emerged winner of the gubernatorial primary of the Peoples Democratic Party (PDP) in Kano. Abacha won the PDP gubernatorial candidacy with 736 votes to defeat his only rival Ja'afar Sani, who polled 710 votes. The two contestants were the only aspirants that…
4 hours ago
The race by the major opposition Peoples Democratic Party (PDP) to win 25 states, up from the 13 it currently controls, began yesterday across the country with its shadow governorship elections...
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Former governor of Anambra State and erstwhile presidential aspirant on the platform of the Peoples Democratic Party (PDP), Peter Obi, yesterday, resigned his membership of the party two days before its presidential primary.
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Ahead of the 75th World Health Assembly (WHA) scheduled for May 22-28, 2022, concerned groups led by Equity International Initiative (EII) have warned Nigeria and other sovereign nations not to sign up to proposed amendment...