Lafarge names Alode new company secretary

Lafarge Africa Lafarge Africa Plc has appointed Mrs Adewunmi Alode its new company secretary. In a release signed by the company’s group managing director, Michel Puchercos, which was sent to The Nigerian Stock Exchange on Wednesday, Lafarge Africa stated that her appointment takes effect from December 12, 2017. The new company secretary who had held More...

by Felix OLOYEDE | Published 1 month ago
By Okey Onyenweaku On Monday, December 4th, 2017

Resurgent Equity market signals stronger economic recovery

By OKEY ONYENWEAKU Investors in the Nigerian equity market have every reason to be happy as the year gradually winds down. Those of who invested early in the year and carefully mixed their portfolio based on the More...

By Okey Onyenweaku On Tuesday, November 28th, 2017

FBN leads the bulls in 2017

…Stanbic IBTC, Flour Mills show strength By OKEY ONYENWEAKU Equity investors are showing signs of increasing optimism as the year comes slowly to a close. The Nigerian Stock Exchange’s All Share Index (ASI) More...

By Okey Onyenweaku On Monday, November 20th, 2017
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GTBank doubles stock value as investors go bullish

By OKEY ONYENWEAKU GT Bank’s share price has doubled in the last one year, leading investors to grin satisfactorily as there gambit on the stock seems to have panned out. The stock’s price has risen from N24.00 More...

By Felix OLOYEDE On Monday, October 23rd, 2017

Zenith, GTB Q3 results set industry  trends, excite shareholders

By FELIX OLOYEDE Segun Agbaje, GTBank GMD and Peter Amangbo, Zenith MD The prospect of better returns for investors at the end of the year was further reinforced by the financial performance of Zenith Bank and Guarantee More...

By Felix OLOYEDE On Monday, October 23rd, 2017

How UBA Defied gloom: Grows profits and stock value

By OKEY ONYENWEAKU Kennedy Uzoka, GMD UBA Sweeping past recession troubles, United Bank for Africa (UBA) has grown its third quarter (Q3) 2017 profit by 33.2 per cent, one of the strongest year-on-year earnings More...

By Felix OLOYEDE On Monday, October 23rd, 2017

Shareholders  divided as Oando’s crisis  escalates

By OKEY ONYENWEAKU Wale Tinubu, MD, Oando Plc Shareholders of local oil marketing consortium, Oando Plc, have been struck by a double dose of trouble. The first signs of a snag started with minority shareholders More...

By Felix OLOYEDE On Thursday, October 19th, 2017

Growth in interest income, FX push GTBank PAT Up 7.26% in Q3

GTBank MD, Segun Agbaje, Nigeria’s most capitalized commercial lender, Guarantee Trust Bank (GTBank) Plc reported a single digit upswing in its profit-after-tax in the third quarter 2017 financial result, buoyed More...

By Felix OLOYEDE On Monday, October 16th, 2017

Shareholders call for sack of Oando Management as crisis worsens

OKEY ONYENWEAKU These are tough times for local oil and gas giant, Oando Nigeria Plc and not many of its shareholders are smiling. The company Wale Tinubu, MD, Oando Plc. has been embroiled in a series of crisis More...