TO sustain the bullish rally recorded in the market in the past few months, Association of Avid shareholders (AAS) has urged the regulators authorities to ensure that the primary market segment is well regulated.
FOLLOWING its return to profitability last year, Union Bank of Nigeria Plc at the weekend expressed commitment to consolidate the growth, even as the bank’s capital adequacy ratio currently stood at 20 per cent, above 15 per cent regulatory...
THE Over-The-Counter (OTC) market for FGN bonds, last week recorded a turnover of 239.266 million units valued at N273.295 billion in 1,076 deals, in contrast to 157.881 million units worth N174.329 billion in 859 deals recorded during the week...
DESPITE the tough and challenging operating environment that characterised 2012 financial year, Livestock Feeds Plc, a subsidiary of UAC of Nigeria Plc, achieved substantial growth in its business, reflecting a 50 per cent growth in its turnover...
SHAREHOLDERS of Cadbury Nigeria Plc have made a capital gain of 45 per cent following the consistent rise in the price of its stock at the nation’s capital market, due largely to the impressive financial results of the company.
EQUITY transactions on the Nigerian Stock Exchange continued on an upbeat note yesterday, as more blue chip companies joined the league of gainers, causing market capitalisation to increase further by N211 billion.
THE Nigerian Stock Exchange (NSE) has announced the appointment of Mr. Aigboje Aig-Imoukhuede, the out-going Group managing Director of Access Bank, as the first Vice President of the Council of The Nigerian Stock Exchange. The appointment was...
TO boost its services and operation, the Nigerian Police Force (NPF) Microfinance Bank last week met with its shareholders during which the former was tasked to ensure wider spread of the financial institution throughout the country.
TO increase the level of performance in the stock market, there is a need to enhance the level of corporate governance, as well as strengthen the risk management framework in the market, an expert has said.
SHAREHOLDERS of FBN Holdings Company (Holdco) Plc, on Friday, endorsed the company’s N33billion dividend, culminating to N1.00 per share due to every shareholders of the company for the 2012 financial year.
MAY & BAKER Nigeria Plc has unfolded plans to raise additional capital to support its business expansion and steady the healthcare company against competition, the board of the company has said.
At the annual general meeting of the company in...
LOW level of monetisation of economy, high level of inflation and level of private sector credits have been identified as factors affecting stock market performance in Nigeria.
Speaking at the yearly PEARL Awards lecture for capital market...