With ₦380.87 billion profit in early December trade, Nigerian equities look good to reward investors with impressive year end returns on equity, putting analysts forecasts to the accuracy test.
As speculation swirls about plans to deal with Eskom Holdings SOC Ltd.’s crippling debt load, one group of stakeholders hasn’t been consulted: owners of the company’s 243 billion rand ($17 billion) of bonds.
South Africa’s state-owned…
GBOLABO AFUWAPE
The stock of Dangote cement continued its free fall as it lost another N5 to drop to N185 at Thursday’s trading session to trigger the Nigerian bourse’ decline for the third straight session. The stock of Dangote cement…
GBOLABO AFUWAPE
Nigerian Stock Exchange (NSE) has insisted that every financial statements for submission to it must meet the requirements of the International Financial Reporting Standards (IFRS) applicable to the period covered by the…
Forecast-beating U.S. company earnings improved the mood on world equity markets on Wednesday, as Asian and European shares put aside concerns on global growth and trade and took their cue from Wall Street’s best one-day rise in eight…
The market capitalization of the Nigerian Stock Exchange (NSE) on Friday inched N198 billion, due to gains by some blue chips, after dropping for three consecutive trading days.
The market capitalization improved by N198 billion or 1.45…
Mutual Benefits Assurance Plc has announced plans to list N2 billion through rights issue on The Nigerian Stock Exchange (NSE).
A statement obtained by InsideBusiness online said, “Dealing Members are hereby notified that Mutual Benefits…
Investors at the Nigerian equity have further raised wagers that have led to 0.54 percent gains in the bourse markets All Shares Index on Thursday.
The Market Benchmark Indicator-ASI (All Share Index) of the Nigerian Stock Exchange…