GUARANTY Trust Bank (GTB) Plc will be distributing N8.83 billion as interim cash dividends to shareholders after pre-tax profit rose to N115.79 billion in the first half of this year.... Read more via Naijabizcom – https://ift.tt/2zedekB Get more: Nigeria Business News
MTN Nigeria has asked a Nigerian tax tribunal to rule on whether the company should pay corporate tax on a 330 billion naira ($1.1 billion) fine, a spokesman for the telecoms company said..... Read more via WSAU – https://ift.tt/2Keec6I Get more: Nigeria Business News
The stock market extended its losing streak to the second week of July as investors’ sentiments remained weak. The market which opened the month of July with a loss the.... Read more via Thisdaylive Newspaper – https://ift.tt/2Y1sb7T Get more: Nigeria Business News
Despite price losses that outweighed gains, transactions in the equities sector of the Nigerian Stock Exchange (NSE), sustained rising profile as market capitalisation rose by N1.34 trillion.... Read more via The Guardian Nigeria News – https://ift.tt/2S5LIhO Get more: Nigeria Business News
Airtel Africa aims to list on the Nigerian bourse on Monday, one of the financial advisors arranging the issue said, after the exchange postponed the listing which had been scheduled for Friday.... Read more via Reuters – https://ift.tt/2NDHwaG Get more: Nigeria Business News
The Nigerian Stock Exchange (NSE) has lifted the suspension on the shares of Conoil Plc. This follows the company’s submission of its outstanding Audited and Interim Financial Statements to The Exchange.... Read more via Nairametrics – https://ift.tt/2NvdsOf Get more: Nigeria Business News
Transactions on the Nigerian Stock Exchange (NSE) maintained negative slide for the second trading day of the month with investors’ net worth dropping by N94 billion.... Read more via Premium Times Nigeria – https://ift.tt/2RN7QNU Get more: Nigeria Business News
The Nigerian Stock Exchange (NSE) yesterday announced the results of the biannual review for the NSE and co-branded indices. The composition of these indices became effective on.... Read more via Newtelegraph – https://ift.tt/2XebHVz Get more: Nigeria Business News
Seplat Petroleum Development Company Plc has announced the resignation of one of its Non-Executive Directors as well as the appointment of a new Company Secretary. The oil and gas company, which is dual-listed on the.... Read more via Nairametrics – http://bit.ly/2Jb0wbg Get more: Nigeria...
Airtel Africa, the second telecom company after MTN, to be listed on Nigerian Stock Exchange is planning to offer its share price at between N363 and N454.... Read more via P.M. News – http://bit.ly/2LeTmW3 Get more: Nigeria Business News
The Nigerian Stock Exchange (NSE) had, on May 16, 2019, admitted 20.354 billion units of MTN Nigeria Plc.’s shares at N90.00 per share on the premium board Investors in the shares of MTN Nigeria Communications Plc. have recorded a loss of N305 billion… Read more via Newtelegraph –...
This week’s trading session on the Nigerian Stock Exchange (NSE) ended on a negative note as the All Share Index closed at 30,046.70 basis points, down 1.27%. Year to date, the index is down 4.40%.... Read more via Nairametrics – http://bit.ly/2KkF6LC Get more: Nigeria Business News
The Nigerian Stock Exchange ended Monday’s trading session in negative territory. The All Share Index closed at 30,930.39 basis points, down 0.45%. Year to date, the index is down 1.59%. Top Gainers and Losers ... Read more via Nairametrics – http://bit.ly/2Koizgd Get more: Nigeria...
The Securities and Exchange Commission (SEC), has ordered Oando Plc‘s Group Chief Executive Officer (CEO), Wale Tinubu to resign from his position over serious infractions including false disclosures, market abuses, amongst others.... Read more via Nairametrics – http://bit.ly/2YXXQDR Get...
Dangote Cement Plc has released its 2018 Dangote Cement Sustainability Report, outlining its sustainability initiatives, activities and achievements during the 2018 financial year..... Read more via Leadership Newspaper – http://bit.ly/30VDRHH Get more: Nigeria Business News
Investors on the Nigerian stock exchange (NSE) market responded positively to Unity bank’s clarification on N7 billion allegations levy against it by the special presidential investigation panel..... Read more via Businessday – http://bit.ly/2HKb2GA Get more: Nigeria Business News
Flour Mills of Nigeria Plc was one of the worst performing stocks last week, shedding 12.10% to close at N13.80. Year to date, the stock is down 40.26%, underperforming the Nigerian Stock Exchange All Share Index which is down 1.75% year to date.... Read more via Nairametrics –...
Following a negotiated reduction of the N1.04 trillion fine on MTN Nigeria to N330 billion and in line with the staggered payment arrangement, MTN has, so far, paid N275 billion to the Federal Government.... Read more via The Guardian Nigeria News – http://bit.ly/2QjouUS Get more: Nigeria...
The Minister of Communications, Barr. Adebayo Shittu, has said the Nigerian telecom sector has contributed N2 trillion which is about 9.5 per cent of the nation’s Gross Domestic Product (GDP).... Read more via Leadership Newspaper – http://bit.ly/2LZ8gSj Get more: Nigeria Business News
Investors appeared to be willing to pay more than the 10 per cent daily premium on the share price of MTN Nigeria Communications Plc. While the share price of the telecommunications company.... Read more via Nairaland – http://bit.ly/2LW5FbM Get more: Nigeria Business News