Capital Market

• AIICO Insurance records 86% increase in PAT in Q4 19 FBN Holdings Plc in its newly released full-year 2019 unaudited financial report showed slight improvements across major indicators.  The company’s interest income grew by 1.4%…

Babajide Okeowo The Nigerian Stock Exchange, NSE has revealed that its appointment as Executive Committee (EC) member of the Financial and Information Services Association (FISD), a division of the Software and Information Industry…

As bank doles out N19m to customers Fidelity Bank Plc, Regional Head North-West 1, Manir Ringim has revealed that bank’s motive for conducting the “Get alert in millions” savings promo is to key into the financial inclusion strategy of…

The Nigerian Stock Exchange (NSE) has revealed that the capital market is critical in delivering sustainable socio-economic growth and development in Nigeria. The Chief Executive Officer of the NSE, Mr. Oscar Onyema, made this known at…

The Central Bank of Nigeria (CBN) has published its Treasury Bills programme for January–March 2020, indicating that it planned to raise about ₦847.4 billion in cash. The disclosure was made by the CBN in the Treasury Bill programme…

Babajide Okeowo The Securities Exchange Commission, SEC has given leading maritime company C&I Leasing Plc the go-ahead to open subscription of a rights issue. The rights issue is of Five Hundred and Thirty-Nine Million, Three…

The Nigerian Stock Exchange, NSE has revealed that the decision to suspend trading of the shares of Continental Reinsurance Plc was to prevent further trading of the shares of the company beyond the effective date when the Certified True…

Seplat petroleum Development Company Plc has announced the retirement of its pioneer Managing Director and later CEO, Mr. Austin Avuru. His retirement will be effective from July 2020, after overseeing the company’s operations for ten…

The Acting Director-General of the Securities and Exchange Commission (SEC), Mary Uduk has advised investors in the capital market to diversify their investments while transacting business to guide against the unpredictability of the…

Nestlé Nigeria Plc and International Breweries Plc have announced their financial results for nine months period ending Sept. 30, 2019. In the financial results which were presented to the Nigerian Stock Exchange showed that for the period…