Stock market index depreciates further by 0.15% amid profit-taking
Transactions on the equity sector of the Nigerian Stock Exchange sustained a sliding profile, as more blue-chip stocks joined the league of losers, causing the All-share index to dip further by 0.15 per cent. Specifically, at the close of trading yesterday, the ASI shed 59.08 absolute points or 0.15 per cent to close at 38,605.07…
Flourmills, GTB others lead stock market’s N17b loss
Trading on the equity sector of the Nigerian Stock Exchange (NSE) reopened on a downward note yesterday, following price losses by some blue chip stocks, especially Flourmills and Guaranty Trust Bank (GTB) yesterday, as market capitalisation plunged by N17 billion.
GTB posts ₦419 billion gross earnings, plans 270k dividend
Guaranty Trust Bank Plc, yesterday, released its audited financial results for the year ended December 31, 2017, to both the Nigerian Stock Exchange and London Stock Exchange, with gross earnings of N419.2 billion. The full year operations, which have been described as “positive performance” across all financial indices, also had the bank record profit before…
Man arraigned for allegedly snatching N1m from bank customer in Ikeja
For allegedly snatching N1.1 million from a customer who was coming out of a bank, Festus Eboh, has been arraigned before a Magistrates’ Court sitting in Ikeja.
Innoson withdraws ex parte application against police, GTB
Innoson Nigeria Limited and its Chief Executive Officer/Managing Director, Innocent Chukwuma, has withdrawn the fundamental right enforcement suit...