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All posts tagged "NSE"

  • RT Briscoe declares 10k dividend

    RT Briscoe Plc has declared a dividend of 10kobo per share for the year ended December 31, 2010. The automobile company also proposed a bonus of one share for every five shares originally held by investors. In...

    • Posted April 14, 2011
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  • Brokers seek clarification on NSE demutualisation

    Market operators have sought a clarification of the planned demutualisation process of the stock market. Demutualisation of the stock exchange transforms the market from a member-owned company to a shareholder-owned exchange, moving it from private to public...

    • Posted April 14, 2011
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  • NigeriaEquities Remain Weak

    Despite massive investment on banks shares on the trading floor of the Nigerian Stock Exchange (NSE) Monday major market indicators remained weak as investors apathy grew following ongoing general elections.   The market had at the close...

    • Posted April 12, 2011
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  • Sterling Bank makes N5b profit

    Sterling Bank Plc has announced a post-tax profit of N5billion for the year ended December 31, 2010. This is against the previous year’s N7.2 billion loss. The bank, according to the results, which has been approved by...

    • Posted April 12, 2011
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  • Transcorp’s shares hit 28 months high

    Acquisition of significant stake in Transcorp by Heirs Holdings, the principal investment vehicle, with a diversified portfolio, including interests in the financial services, real estate and resources sectors, is driving up the share price of the company...

    • Posted April 11, 2011
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  • Rescuing banks from web of bad debts

    THE concept of banking, essentially, though nebulous, revolves around management of money, credit and investments. It is one of the oldest professions in the world and credit is at the heart of the business. The key functions...

    • Posted April 11, 2011
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  • Stock market dips further as volatility increases

    The market capitalisation of equities at the Nigerian Stock Exchange (NSE) depreciated further by 0.08 percent at the close of trading session last week, as against a decline of 0.45 percent recorded in the preceding week. The...

    • Posted April 11, 2011
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  • Bismark, four others may join new NSE Council

    IN line with restructuring of the Nigerian Stock Exchange (NSE), the Securities and Exchange Commission (SEC) has compiled a list of competent professionals in their various fields of discipline to join the former Interim Administrator of the...

    • Posted April 11, 2011
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  • Transcorp’s Price Rally Continues, Hits N1.33

    The shares of Transnational Corporation of Nigeria Plc (Transcorp) rallied further Wednesday at the stock market as investors continued to react favourably to the acquisition of a significant stake in the company by Heirs Holdings Limited last...

    • Posted April 7, 2011
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  • Dangote Cement pays N65.8b dividend

    DANGOTE Cement Plc (DCP), a member of the Dangote Group, has announced a total dividend payout of N65.84 billion in the financial year ended December 2010. This translates to N4.25 kobo per share. The dividend comprises an...

    • Posted April 7, 2011
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