Capital Market Archives - Page 7 of 9

GTBank Grows Pretax Profit By 2.8% To N238.1bn

March 22, 2021 0

Despite the impact of coronavirus, COVID-19 and lockdown of the economy, Guaranty Trust Bank, GTBank, Plc has recorded a growth of 2.8 per cent in its Profit Before Tax, PBT to N238.1 billion for the audited financial result ended December 31, 2021 from N231.7 billion in the corresponding period of 2019.

NSE Indices Reverse, Down 0.60% On Dangote Cement Loss

March 11, 2021 0

Transactions on the Nigerian Stock Exchange returned to negative territory on Thursday, following sell pressure on Dangote Cement and 10 other stocks.Consequently, the All-Share Index declined by 234.08 points or 0.60 per cent to 38,697.17 from 38,931.25 on Wednesday. Accordingly, the month-to-date and year-to-date losses increased to 2.8 per cent and 3.9 per cent, respectively.

Raise Bonds to Finance Revenue Generating Projects – FG Urged

March 11, 2021 0

The Federal Government has been urged to focus on raising bonds from the capital market as a means to financing revenue generating projects while working to reduce balance sheet borrowing.

NSE’s Indices Resume Week With 0.17% Growth

March 8, 2021 0

The Nigerian equities market resumed trading for week upbeat on Monday with key indicators improving by 0.17 per cent.

Investors Await Trumpet For Derivative Trading

March 5, 2021 0

Capacity building is one of the statutory functions of the Chartered Institute of Stockbrokers (CIS), even as the high-profile Institute is on a definitive journey towards changing its name to reflect the wider duties of stockbrokers.

Profit Taking On MTN, WAPCO And Others Dips Equity Market By 0.4% On NSE

March 3, 2021 0

Bearish sentiments on Wednesday persisted in the domestic equities market, following profit taking on MTNN (-2.3%) and WAPCO (-7.1%) stocks.

NSE Launches E-Filing Portal, X-Filing, To Enhance Securities Listing

March 2, 2021 0

The Nigerian Stock Exchange (NSE or The Exchange) has announced the launch of its e-Filing Portal, X-Filing, on Tuesday, 2 March 2021.

MTN Introduces New CEO To Capital Market Community With NSE Closing Gong

March 1, 2021 0

MTN Nigeria Communications Plc leveraged The Nigerian Stock Exchange’s (NSE or The Exchange) Closing Gong Ceremony to introduce its new Chief Executive Officer (CEO), Mr. Karl Toriola to the capital market community on Monday, 1 March 2021.

Valency Agro Nigeria Limited Taps the Commercial Paper Market… Quotes ₦5.12bn Series I CP on FMDQ Exchange

February 25, 2021 0

In fostering the development of the Nigerian Debt Capital Markets (DCM), FMDQ Securities Exchange Limited (“FMDQ Exchange” or “The Exchange”) has continued to avail its credible and efficient platform as well as tailor its Listings and Quotations services to suit the needs of Issuers and Registration Members (sponsors of the issue on FMDQ Exchange) through innovative and uninterrupted service delivery.

11 Plc Outline Plans For Delisting From NSE

February 24, 2021 0

11 Plc, formerly known as Mobil Oil Nigeria Plc, has said the proposed delisting of its shares from the Nigerian Stock Exchange (NSE) will enable the company to implement strategic plans that will improve the overall performance of the downstream oil company.