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11 May 2010
SOUTH African stocks rallied for the first day in seven, rising the most in 14 months, on higher commodity prices after European policy makers unveiled a loan fund of almost $1 trillion to curb the region's debt crisis.BHP Billiton Plc, Anglo American Plc and SABMiller Plc led the FTSE/JSE Africa All Share Index up 1,146.54,…
25 Dec 2009
SOUTH Africa's FTSE/JSE Africa All Share Index slipped 27.70, or 0.1 per cent, to 27,580.22 in Johannesburg, paring its gain this week to 0.9 per cent.   Meanwhile, Kenya's All-share index closed at a 4 1/2-month high, adding 0.6 percent to 57.88 in Nairobi. Trading ended an hour earlier at 1 p.m. local time.
25 Dec 2009
CONTINENTAL Reinsurance Plc has presented its unaudited financial performance for the third quarter ended September 30, 2009, to the council of the Nigerian Stock Exchange (NSE).   The result showed that the company recorded gross premium of N5.3 billion against N3.9 billion in the comparable period of 2008.
23 Dec 2009
FOR the third quarter ended September 30, 2009, Dangote Flour Mills Plc, has declared operating profit of N10.53 billion, up from N4.03 billion recorded within the same period in 2008.   Profit after tax, according to the company is N7.6 billion against N1.8billion recorded within the same period in 2008 while earnings per share also went up from 35k per share to 152k.
23 Dec 2009
Marginal gains recorded by a few blue chip stocks yesterday, enhanced the return of the bulls to the equities sector of the Nigerian Stock Exchange (NSE) as corporate performance indicators rose by 0.4 per cent.
22 Dec 2009
Continued share price depreciations suffered by many blue chip stocks, yesterday, further depressed the corporate performance indicators of the Nigerian Stock Exchange (NSE) by 0.8 per cent, thus strengthening the hold of the bears on the equities sector.
22 Dec 2009
As part of measures to reposition itself for 2010, Geo-Fluids Nigeria Plc has concluded plans to boosts its working capital by N2 billion through the issuance of bond, equities to shareholders and rights issues.
30 Sep 2009
TRANSACTIONS on the Nigerian Stock Exchange (NSE), closed on a moderate note yesterday, as 602.7 million shares, valued at N4.1 billion was exchanged in 8,183 deals, over 542.5 million units worth N4.1 billion deals on Monday. However, heavy share price losses suffered by most blue chip companies brought down market indices further by 0.9 per cent.
30 Sep 2009
THE Director-General of the Nigerian Stock Exchange (NSE), Prof. Ndi Okereke-Onyiuke has assured the management of First Bank of Nigeria Plc that its proposed N500 billion bond issues will receive positive response from the investing public.


32 mins ago
Somali police launched an investigation Sunday after 20 foreigners were discovered near territory controlled by the Al-Shabaab militant group claiming to be fishermen who had been held hostage for years.
38 mins ago
The Federal Government through a recently approved policy has banned the export of raw gold, gemstones and other mineral deposits.
1 hour ago
The 14 Brigade Nigerian Army in Abia, on Saturday conducted free medical outreach in Afaraukwu-Ibekwu, the hometown of Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra (IPOB).
2 hours ago
Osun State Governor Ademola Adeleke has reversed all appointments Adegboyega Oyetola, his predecessor, made from July 7, 2022, till he left office. Adeleke, who was sworn in as Osun State governor on Sunday, also ordered the immediate freezing of all accounts of the state. Speaking after taking his oath of office at the Osogbo City…
2 hours ago
Morocco jeopardised Belgium's World Cup hopes as Abdelhamid Sabiri and Zakaria Aboukhlal's late goals secured a surprise 2-0 triumph in Doha on Sunday.