NSE WEEKLY TECHNICAL OUTLOOK

If you had read the last week’s conclusion, you would know …….. In our last week’s technical analysis outlook for the Nigerian Stock Exchange, we concluded that the downward corrective move is expected to enter another week taken into consideration early signal of re-accumu... [More]

Sanusi's Suspension: Nigerian Stock Exchange Dips, Banking stocks falls

With the recent news about the suspension of Sanusi Lamido as the governor of the central bank of Nigeria CBN by the President of Nigeria, Goodluck Jonathan, the NSE closed in the negative region as the NSE All Share Index fell by 580.9 basis points or 1.47 per cent to close at 38,816.19 b... [More]

President Jonathan Suspends CBN Governor Sanusi

Yesterday, President,Goodluck Jonathan has suspended Mr. Sanusi Lamido Sanusi from his position as the Governor of the Central Bank of Nigeria while Appoints Sarah Alade As Acting Governor . The suspension was announced in a statement signed by  Dr. Reuben Abati, the Special Adviser to the Pre... [More]

FBNH acquires 71.2% stake in Oasis Insurance Plc

FBN Life Assurance Limited, a subsidiary of First Bank Nigeria Holdings has acquired 71.2% stake in Oasis Insurance Plc which represents a total of 4,630,595,326 ordinary shares of 50kobo each. It was learnt that the acquisition was effected through the execution of a share sale and purchase agreeme... [More]

CADBURY NIGERIA PLC Share Capital Reduction

Cadbury Nigeria Plc has notified The Nigerian Stock Exchange that all actions required to make the Capital Reduction of Cadbury Nigeria Plc effective have been completed with the successful filing of the court sanction with the Corporate Affairs Commission (“CAC”) on 12th February 2014 (... [More]

PZ CUSSONS NIGERIA PLC Special Dividend

  • By Admin
  • 19. February 2014 12:07
  • 0
PZ Cussons Nigeria Plc has notified The Nigerian Stock Exchange that the Company’s Board of Directors at its recent meeting resolved to recommend a special (one-off) dividend payment at the rate of N1.30 kobo per share. This payment will be made from the General Reserve of the Company. An Extr... [More]

Nigerian Breweries Proposes N4.5 Dividend Per Share

Nigerian Breweries Plc a pioneer and one of the largest brewing company in Nigeria has decided to reward its shareholders with a proposed  dividend of N 4.50 per unit for their audited result for the year ended 31ST December,2013.   The company’s posted a profit after tax of N43.08bn... [More]