Zenith Bank Plc said its profit before tax rose by five per cent to N255.9bn as of the end of December 2020 from N243.3bn reported in the corresponding period of 2019.
Tag: Capital Market
BUA Cement Posts N95bn Profit …As Revenues Rise By 19% To N209bn
BUA Cement has announced gross profits of N95.4 billion in its unaudited 2020 financial accounts representing an increase of 16 percent from N82.4 billion recorded in 2019.
Capital Market Development: NSIA, SEC Fashions Out Modalities
Chief Investment Officer, Nigeria Sovereign Investment Authority Mr Kolawole Owodunni, Managing Director NSIA Mr Uche Orji, Director General Securities and Exchange Commission Mr Lamido Yuguda and Executive Commissioner Operations SEC Mr Dayo Obisan during a meeting between the SEC and NSIA in Abuja Wednesday 10/2/21
NSE Highlights Capital Market As Viable Funding Source For SMEs
In recognition of SMEs as critical agents of economic development and transformation in Nigeria, the Nigerian Stock Exchange (NSE or The Exchange) continues to support the growth and development of small businesses in Nigeria. The most recent of these efforts was the webinar hosted by The Exchange on Wednesday, 3 February 2021 themed, Capital Raising for SMEs through the Stock Exchange.
SEC Releases New Rules/Amendments On CIS
The Securities and Exchange Commission has released general rules for Collective Investment Schemes prescribing that all units/securities of a collective investment scheme shall be registered by the Commission.
Flour Mills Commemorates N29.8Bn Bond Listing With NSE Digital Closing Gong Ceremony
Flour Mills Nigeria Plc on Thursday, listed its tranche A and tranche B bonds on the floor of The Nigerian Stock Exchange (NSE or The Exchange).
Onyema Highlights NSE’s Performance In 2020, Provides Outlook For 2021
The Nigerian Stock Exchange (NSE or The Exchange) hosted its annual 2020 Market Recap and 2021 Outlook today, 19 January 2021.
Neimeth Pharmaceuticals Set To Raise N5 Billion Additional Equity
The Board of Directors of Neimeth Pharmaceuticals has disclosed that the company is set to raise N5 billion in additional equity upon approval by shareholders of the company.
NSE Honours DG, NCDC With Year End Closing Gong Ceremony
The Nigerian Stock Exchange (NSE or The Exchange) on Thursday hosted the Director General, Nigeria Centre for Disease Control (NCDC), Dr. Chikwe Ihekeazwu to a digital Closing Gong Ceremony to mark the end of trading activities in 2020.
Experts Seek Friendly Monetary Policies To Sustain Stock Market Growth In 2021
As the nation’s bourse winds down for 2020 in green, capital market experts have called for an accommodative monetary policies to support economic growth.