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25/4/2020
By: Dipo Olowookere
the sum of n100 million has been donated by the development bank of nigeria (dbn) towards the fight against the deadly coronavirus pandemic (covid-19) in the country.
The money was donated by the development finance institution to address the major financing...
25/4/2020
By Dipo Olowookere
renewed bargain hunting at the nigerian stock exchange (nse) on friday lifted the market capitalisation by 0.57 percent.
The total value of stocks on the exchange increased by N67 billion yesterday to N11.778 trillion from N11.711 trillion.
Also, the All-Share...
The profit aftertax of the company went down to N24.7 billion from N30.6 billion in the corresponding period of last year. In the same vein, the profit before tax dropped to N33.0 billion from N37.1 billion.
An analysis of the financial statements of the lender by Business Post revealed that...
The board of Wema Bank Plc, which recently recommended a dividend of 4 kobo per share to shareholders, has fixed May 18, 2020 for the payment date.
On Wednesday, the financial institution released the earnings of the company for the year ended December, 31, 2019.
In a disclosure on Thursday...
The sum of N161 billion was lost on Thursday by investors at the Nigerian Stock Exchange (NSE) and this was mainly to profit taking.
Business Post reports that the gains recorded by the banking sector could not lift the market during the session as a result of decline printed by four other key...
Nigeria stock market on Wednesday April 22 recovered part of the losses seen the preceding trading day.
Thanks to bargain hunting on equities like Lafarge Africa, Zenith Bank, BUA Cement GTBank and PZ Cussons that contributed majorly to about N80billion gain in market cap.
The stock market of...
Nigeria’s external reserves on Wednesday fell below $36 billion mark, touching its lowest levels in 29 months. The reserve which shows the nations ability to weather external shocks dropped to $35.9 billion from a $36.02 billion level on Tuesday, 17th March, according to Central bank’s data...
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