Nigerian Stock Exchange (NSE)

Stories by Babajide Okeowo MTN Nigeria Plc last week released its 2019 unaudited financial results, which showed at N2.95 for each unit of 20.3bn outstanding shares, a total of N60.045bn will be paid to the shareholders whose…

MTN Nigeria Communications Plc on Friday released its unaudited result for the six months ended June 30 and announced an interim dividend of N2.95 per share to its shareholders. The News Agency of Nigeria (NAN) reports that the company’s…

The Cement Company of Northern Nigeria (CCNN), also known as Sokoto Cement has declared a dividend of N0.40k per share for the year ended 2018. The company’s profit after tax also increased from N2.9 billion recorded in 2017 to N5.8…

Stories by Babajide Okeowo The Securities and Exchange Commission (SEC) has cancelled a court-ordered meeting that approved the acquisition of minority shares by the majority core investor in Continental Reinsurance…

The Nigerian Stock Exchange (NSE) on Friday postponed the planned cross border secondary listing of 3,758,151,504 ordinary shares of Airtel Africa. The Exchange, in a mail, said that the postponement was necessitated by the need to…

EMEKA OKOROANYANWU Nigeria and Africa’s largest cement maker, Dangote Cement is engaged in a fierce battle to regain lost grounds in Nigeria’s lucrative cement market. Dangote Cement as at end of 2018 controlled about 60 per cent share of…

 Airtel Africa Plc, the second largest telecommunications group in Africa is set to sell its shares to Nigerian investors at between N363 and N454 per share. The company in an offer prospectus obtained by the News Agency of Nigeria (NAN)…

An economist, Mr Godwin Anono, has said that the successful listing of Airtel Communication on the Nigerian Stock Exchange (NSE) would deepen the capital market and boost the nation’s economy. Anono, who is the President, Standard…

Airtel Africa Ltd, a unit of India’s Bharti Airtel Ltd, says it intends to list its shares on the Nigerian Stock Exchange (NSE) at the same time as the London Stock Exchange (LSE). The company said on Monday that although the listing on…

Two weeks after listing on the Nigerian Stock Exchange (NSE), MTN Nigeria Communications Plc on Friday announced a revenue of N1.04 trillion for the financial year ended December  31, 2018. The News Agency of Nigeria (NAN) reports…