Raging storm over TraderMoni
Upon the assumption of office in 2015 with a change mantra, the Muhammadu Buhari led-administration came up with a Social Intervention Programme (SIP) aimed at investing directly in Nigerians, especially the downtrodden and the less privileged. The programme is the biggest social safety net scheme in the history of the country. The programme included N-Power,…
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.
Shareholders laud GTB’s improved performance
For strict adherence to corporate governance principles, shareholders of Guaranty Trust Bank Plc (GTBank) has applauded the management for efficiently running its affairs, even as they approved a final dividend of N1.75 kobo for the 2016 financial year.