Capital Market
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.
Latest
NOW
It is the question on the lips of every Jamaican -- and none more so than the country's most famous athlete, eight-time Olympic gold medal sprinter Usain Bolt.
32 mins ago
Leicester City manager Brendan Rodgers on Saturday assured that Super Eagles forward Kelechi Iheanacho would now be having a good measure of playing time at the club.
41 mins ago
President Muhammadu Buhari, yesterday, stated that the redesign of the country’s currency by his administration was targeted at those hoarding illicit funds and not the common man.
54 mins ago
A Federal High Court sitting in Abuja, on Friday, adjourned the hearing on the suit filed by the Coalition of Northern Groups (CNG) seeking a referendum to determine the fate of Biafra and other self-determination agitations to March 30, 2023.
1 hour ago
Northern leaders have asked the Central Bank of Nigeria (CBN) Governor, Godwin Emeifele, to extend the deadline of the expiration of the old naira notes as legal tender in the country, following the hardship Nigerians have been subjected to, in getting the new notes to transact businesses and meeting domestic economic needs.