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All posts tagged "nigerian stock exchange"

  • NSE bearish trend not sign of crash – CIBN chief

    A former President of the Chartered Institute of Bankers of Nigeria, Mr Okechukwu Unegbu, has urged investors not to panic over the current bearish trend of the Nigerian Stock Exchange. Unegbu said in Lagos that the lull...

    • Posted August 19, 2013
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  • PZ offers 56 kobo dividend, as Zenith Bank’s profit dips

    Personal and household products’ major player, PZ Cussons Nigeria, on Thursday informed stockbrokers and management of the Nigerian Stock Exchange (NSE) in its full year financial result ended May 31, 2013, that it is offering a total...

    • Posted August 17, 2013
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  • Zenith Bank posts N54bn half year profit

    Zenith Bank Plc Thursday declared a Profit Before Tax (PBT) of N54.1 billion for the half year ended June 30, 2013, up from the N50.2billion posted in the corresponding period of 2012. In the results made available...

    • Posted August 16, 2013
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  • NSE capitalisation drops N193.47b in four days

    Profit taking on the floor of the Nigerian Stock Exchange (NSE), continued for the fourth consecutive trading session on Monday, as both indicators closed downward with equities capitalisation shedding N71.379 billion. Tthe All-Share Index lost 225.37 basis...

    • Posted August 14, 2013
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  • Investor Protection Fund: SEC delays compensation of investors

    The delay in approval of the draft rules for the implementation of the Investors Protection Fund (IPF) by the Securities and Exchange Commission (SEC) has been a stumbling block to compensation of investors, who fell victim of...

    • Posted August 7, 2013
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  • May & Baker posts N2.856b net profit, as Presco’s profit slips

    Half year financial results ended June 30, 2013 of Presco and pharmaceuticals’ major, May &Baker Nigeria, were among results submitted to the management of the Nigerian Stock Exchange (NSE) on Thursday. May &Baker posted a profit after...

    • Posted August 3, 2013
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  • TB share price rises by 2.83% on interim dividend announcement

    Investors swooped on the shares of Guaranty Trust Bank, GTB, last week after the bank said that its Board of Directors will be meeting this week to consider the possibility of paying an interim dividend. GTB had...

    • Posted July 15, 2013
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  • NASD: SEC insists on zero tolerance for market infractions

    THE Securities and Exchange Commission (SEC) has affirmed its commitment on zero tolerance for market infractions as it tasked the newly launched National Association of Securities Dealers (NASD) Over-the-Counter (OTC) market to avoid insider dealings and other...

    • Posted July 4, 2013
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  • UACN acquires 51% stake in Portland Paints

    As part of efforts to increase its presence in key sectors of the economy, UAC of Nigeria Plc, Tuesday, said that it has completed the acquisition of 51 percent equity stake in Portland Paints and Products Plc....

    • Posted July 3, 2013
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  • Oando’s profit up 530% as NSE Index slips

    Integrated energy giant- Oando, on Monday presented its audited result for the full year ended December 31, 2012, revealing that profit after tax grew from N1.712 billion in the corresponding period of 2011 to N10.786 billion; representing...

    • Posted June 26, 2013
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