Rising Price of Crude: Mixed performance trail Oil and Gas companies

By OKEY ONYENWEAKU Contrary to investor expectations the Oil and Gas sector of the local stock market is failing to provide the market with the boost needed to shake it out of a bearish rut. Indeed, the sector seems to be in a depressed mood that even global oil price increases have found difficult to dislodge as stock prices of large-tier oil marketers More...

by Uchenna Ajah | Published 1 week ago
By Uchenna Ajah On Sunday, June 3rd, 2018
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Bears maul Bulls as investors take flight

—Analysts fear more loses By OKEY ONYENWEAKU With Nigerian Stock Market Index turning negative growth after 19 weeks of positive year to date yields, investors are becoming increasingly jittery over the markets More...

By Uchenna Ajah On Wednesday, May 16th, 2018
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Shareholders caution Oando against Ansbury reconciliation

Some shareholders of Oando Plc on Wednesday cautioned its management against moves to reconcile with Ansbury Investments Incorporated, owned by Mr Gabriele Volpi. Oando  The shareholders: Pacesetters Shareholders More...

By Uchenna Ajah On Monday, April 30th, 2018
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2019: Bulls take fright as market rally loses steam

By TESLIM SHITTA-BEY With the stock market looking drowsy from a fast-paced marathon race last year, bulls seem to have gone into a deep sleep as bears continue to prowl. Year to date yields on the Stock Exchange More...

By Felix OLOYEDE On Friday, April 27th, 2018
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NSE to host 2018 ASEA conference

Oscar Onyema, NSE CEO The Nigerian Stock Exchange (NSE) has emerged the preferred host of the 22nd Annual Conference of the African Securities Exchanges Association (ASEA) scheduled to hold November 25-27, 2018, More...

By Felix OLOYEDE On Friday, April 27th, 2018
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FBNQuest Merchant Bank posts ₦6.167bn pre-tax profit

Bello Maccido, FBNQuest Merchant Bank chairman FBNQuest Merchant Bank, the investment banking and asset management group of FBN Holdings Plc, has declared a profit before tax (PBT) of ₦6.17 billion for the year More...

By Uchenna Ajah On Wednesday, April 25th, 2018
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MTN proposes $500m IPO- SEC

The Securities and Exchange Commission (SEC) on Wednesday confirmed that MTN Group had finally commenced discussions with the commission on its proposed 500 million dollars Initial Public Offering (IPO). MTN plans More...

By Uchenna Ajah On Monday, April 23rd, 2018
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The Sterling Bank spreadsheet… an uppity lenders burden

By TESLIM SHITTA-BEY Despite not stirring excitement in recent years, Sterling Bank Plc has run a recession gauntlet and come out looking marvelous. The bank in 2017 grew its gross earnings by slightly under twenty More...

By Felix OLOYEDE On Sunday, April 22nd, 2018
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SEC expresses worry over spate of delisting companies

Mary Uduk, acting Director-General, SEC FELIX OLOYEDE The spate of highly capitalised companies delisting from the Nigerian Stock Exchange (NSE) calls for some concern, the Securities and Exchange Commission (SEC) More...