NSE

The Federal Government has formally banned mounting roadblocks by local authorities to collect taxes. This is contained in the new Presumptive Tax Framework, announced by the Finance Ministry, focusing ways to bring small businesses…

Amidst recent hike in electricity tariff for customers in Band A, the Nigerian Society of Engineers (NSE) has called for stiff sanctions on electricity distribution companies (DisCos), which fail to meet the minimum 20 hours of supply to…

Nigerian Stock Exchange (NSE) sustained its recent growth, albeit marginal, as the All Share Index and Market Capitalization rose by 0.17 percent on Friday. The ASI appreciated by 66.56 index point after opening trasaftion at 38,799.83…

The Nigerian Stock Exchange (NSE) was bullish, taking up the All-Share Index (ASI) by 0.98 percent at the trading session on Wednesday. The ASI and market capitalisation gained 0.98 percent to close at 39,085.78 basis point and N20.449…

Growth in the share price of Zenith Bank Plc, Guaranty Trust Bank (GTB) and Union Bank of Nigeria Plc lifted the banking index of the Nigerian Stock Exchange (NSE) by 2.09 percent during trading for the past week. The Banking Index which…

The drop in the Industrial goods sector of the Nigerian Stock Exchange (NSE) has triggered a N122.468 billion fall in the market capitalisation of the Nigeria bourse, dropping 0.60 percent.  The industrial goods index which…

Two regulatory bodies, the Securities and Exchange Commission (SEC) and the Corporate Affairs Commission (CAC) have approved the demutualization exercise by the Nigerian Stock Exchange (NSE).  The NSE stated on Wednesday that it…

With gross earnings of N620.4 billion and a profit of N113.8 billion, shareholders of UBA Plc are to collect an additional N0.35 kobo payoff bringing the total dividend for the 2020 financial year to N0.52 kobo.   In the audited…

MTN Nigeria has a dose last week of the massive sell-offs currently being experienced on the Nigerian equities market forcing its shares to crash by N120.009billion during five- day trading sessions on the Nigerian Stock Exchange (NSE).…

The Deputy Group Managing Director of Dangote Cement Plc, Arvind Pathak has quit the company. Arvind was appointed Deputy Group Managing Director in 2019 after previously being Chief Operating Officer. He has more than 30 years’…