| Thursday, March 5, 2020 |
Blue-chip stocks push the market higher with N83bn gain
The Nigerian stock market on Wednesday sustained the previous day’s positive sentiment with a 0.61 percent gain, following bargain hunting on blue-chip stocks…read more
| Lagos names FBNQuest financial adviser on debt capital FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, has been appointed by the Lagos State Government to act as joint financial advisers to refinance the state’s existing debt and raise additional debt for a combined amount of up to N150bn (approximately $410m)….read more Vitafoam’s profit increases to N20.3bn Vitafoam Nigeria Plc says its turnover increased to N20.3bn in 2019 from N17.6bn recorded in 2018…read more Insurance sector records N2.83tn investments in three years The insurance sector recorded a total investment of N2.83tn between the 2017 and 2019 financial period….read more FMDQ, AFEX to unlock N2.5tn funding for farmers The Financial Market Dealers Exchange and the AFEX Commodities Exchange Limited have signed a Memorandum of Understanding to unlock about N2.5tn funding for about one million smallholder farmers within the next five years…read more Equities sustain gaining streak as index add N84 billion The Nigerian equities market sustained gaining streak, as investors continue to take a position in some highly-capitalized stocks, resulting in a further rise in market capitalisation by N84billion….read more Zing tasks millennials on investment Millennials have been tasked to make sound and informed investment decisions that will guarantee their plans for the future. This was at a panel session organized by Investment One Financial Services Limited at the recently held tech and media event tagged Social Media Week Lagos 2020…read more Stakeholders Hail NSE on Demutualisation, List Benefits Capital market stakeholders have hailed the final approval given by members of the Nigerian Stock Exchange (NSE) to demutualise the exchange to become a profit-making and limited liability company, saying it will benefit the market and the economy…read more Vitafoam Explains Impressive Performance, Pays N525m Dividend The board and management of manufacturer of flexible, reconstituted and rigid foam products, Vitafoam Nigeria Plc, has attributed leadership ingenuity, innovation and passion of its young managers to the company’s impressive outstanding performance despite the inclement operating environment….read more |
