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Tuesday, August 20, 2019

SEC holds Q2 2019 CMC Meeting

The Securities and Exchange Commission (SEC) has announced that the First Capital Market Committee (CMC) meeting in 2019 has been scheduled to hold on...

SEC Restates Commitment to Investor Protection

The Securities and Exchange Commission, SEC has restated its determination to ensure that investors in the Capital market are adequately protected in all transactions....

Shareholders Okay’s Red Star Express 43 Kobo Dividend… Rights Issue Awaits SEC Approval

Shareholders Of Red Star Express Plc has approved the payment of 43 kobo dividend for the financial year ended March 31, 2019. The approval...

Shareholders Okay’s Ellah Lakes Share Capital Increase … New Directors Join Board

Shareholders of Ellah Lakes Plc has approved the request of board of director to increase its authorized share capital from N1,000,000,000 to N1,500,000,000 by...

Olam Stakes Final Offer For Takeover of Dangote Flour Mill

OLAM International Limited has made a final offer of N120 billion for the acquisition of 99.9 per cent equity stake in Dangote Flour Mills...

FG Tackling VAT Exemption, Others –Osinbanjo

The Federal Government has stated that it is already tackling the issues regarding stamp duties collection and the extension of the VAT exemption on...

NSE delists entire shares of First Aluminium

The Nigerian Stock Exchange (NSE) on Wednesday delisted the entire issued share capital of First Aluminium Nigeria from its Daily Official List following the...

FBN Holding Declares N294.2 billion Gross Earnings … Non Performing Loans Drop To 14.2...

The bank’s unaudited result for the six months ended June 30, 2019 (H1), showed gross earnings of ₦294.2 billion, representing 0.3 per cent rise...

Seplat’s 2019 Half Year Profit Rises by 15% as revenue hits $355m

Seplat Petroleum Development Company Plc (Seplat), a leading Nigerian indigenous oil and gas company listed on both the Nigerian Stock Exchange (NSE) and London...

Union Bank Sustains Profit Growth In Half Year 2019… Customs Deposits Up By N889.5...

Union Bank of Nigeria Plc, on Monday July 29, 2019, released its unaudited financial statement for the period ended June 30, 2019, with a...

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Greenwich Trust Lists Greenwich Alpha ETF on NSE

The Nigerian Stock Exchange (NSE) has announced the listing of the Greenwich Alpha ETF (“Greenwich Alpha”) by Greenwich Asset Management Limited, on its Daily...

Zenith Bank Declares 30 Kobo Interim Dividend For Half Year 2019

The board of directors of Zenith Bank Plc on Monday August 19, 2019, declared an interim dividend of 30 kobo for the...

FIRS boss, Fowler, To Explain Shortfall In Revenue

The Presidency has queried Babatunde Fowler, the executive chairman of the Federal Inland Revenue Service (FIRS), over shortfalls in revenue collection since the inception...