Tag Archives: NSE

Ecobank Nigeria has organized customer forum for exporters and importers targeted at boosting trade and commerce in the country.   Country Head, Commercial Banking, Ecobank Nigeria, Rotimi Morohunfola, said the forum held in Lagos at the weekend, is one of the several avenues by which the Bank extends support to promoters and stakeholders in export and import business. He explained that …

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The Managing Director of Nestle Nigeria Plc has assured the company’s stakeholders of sustained returns on investments, quality products and sustained contribution to physical and health being through healthy products. According to the Managing Director, Mr. Mauricio Alarcon, the company will continue to leverage on its quality workforce and products to drive operations. The MD made this remarks on Monday …

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…As Turnover Increases To N70.23 bn Conoil Plc has announced substantial increase in its turnover for the third quarter of its 2017 financial year in defiance of the trend among major oil marketers for the financial year under review. According to capital market analysts, the company’s performance is commendable in view of the tough operating environment the downstream sector of …

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The Securities and Exchange Commission (SEC) has been commended on the establishment of the Nigerian Capital Market Development Fund (NCMDF). Speaking at the inauguration of the board of NCMDF, Former Chairman of the Board of SEC and former DG, Dr. Suleyman Ndanusa  commended the  SEC on its efforts at discharging its primary mandate of regulating and developing the Nigerian capital market particularly …

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Nestle Nigeria Plc Management At The Exchange’s Closing Gong Ceremony…Pix Photo Caption: From Left: Ndidi Nwuneli, Board Member, Nestle Nigeria  Plc; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); David Ifezulike, Chairman, Nestle Nigeria Plc; Mauricio Alarcon, Managing Director/CEO, Nestle Nigeria Plc and Gbenga Oyebode MFR, Board Member, Nestle Nigeria Plc during the Closing Gong Ceremony at the …

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The International Monetary Fund has advised the Federal Government to urgently revisit tax holidays and exemptions given to companies. It specifically urged Nigeria to implement a reform that would see it phase out tax holidays and exemptions eroding the Company Income Tax base. Successive governments had granted controversial tax holidays and waivers, which were described as forms of corruption The …

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The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has urged investors to come over to Nigeria, declaring that the nation’s Return on Investment (ROI) in all sectors of the economy are among the best in the world. Addressing an elite gathering of capital and money market players, investment bankers, treasurers and other fund managers at the London Stock …

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For the nine (9) months ended September 30, 2017, the Board of Directors of Nigerian Breweries Plc has announced a revenue of N254.7 billion.  In the statement of the result sent to Nigerian Stock Exchange (NSE), the Board of the Company further announced the declaration of an interim dividend of N7,996,902,051 (Seven billion, nine hundred and ninety six million, nine …

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The Proposed forensic audit of Oando Plc should commence without any further delay, shareholders of the company declared yesterday in Lagos. According to the shareholders, the investigation should be detailed and “without any fear or favour”. Under the aegis of Nigeria Shareholders Solidarity Association (NSSA), the shareholders also called on the auditors to investigate all management staff of the company, adding that …

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Unity Bank Plc has unannounced a gross earnings of N65.03 billion and a new total asset level of N484.82 billion in its unaudited financial results for the period ended September 30th, 2017. In the bank’s statement made available to the Nigerian Stock Exchange (NSE) for verification at the weekend, shows that the bank has sustained a positive but modest performance …

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