Archives for CAPITAL MARKET - Page 71
MTN yet to File Any Application – SEC
The Securities and Exchange Commission (SEC) has said neither MTN Nigeria Limited nor any of its advisers or representatives has filed any application with the SEC regarding an…
CCNN Set to Merge With BUA Cement, Targets 2m Metric Tonnes Per Annum
The Board of Directors, Cement Company of Northern Nigeria (CCNN) and owners of the 500,000 metric tonnes per annum Sokoto Cement Plant has announced plans to merge with Kalambaina…
NSE Reviews Equities Market Structure to Improve Liquidity and Participation
The Nigerian Stock Exchange announced that it has reviewed its Equities Market Structure, which shall become effective on Monday, July 2, 2018. The new Market Structure will create a level…
SEC takes Financial Inclusion Campaign to Grassroots
In line with the determination of the nation’s financial authorities to achieve 80 per cent rate in financial inclusion by 2020, the Securities and Exchange…
Seplat Returns to Profitability … Grows PBT To $44 million
Seplat Petroleum Development Company Plc, one of the Nigeria's independent oil and gas exploration and production company, has recorded a profit before tax to the tune…
SEC Seeks Fiscal Incentives For Listed Firms To Deepen Market
The Securities and Exchange Commission (SEC) has advocated some measure of fiscal incentives for listed companies on the Nigeria Stock Exchange (NSE) in order to…
Conoil Declares N1.4Billilon Dividend
Conoil Plc, the nation’s foremost indigenous petroleum marketer has proposed as dividend payout to its shareholders for its last financial year in the face of daunting economic challenges…
SEC Charges Business Owners of Corporate Governance Compliance
The Securities and Exchange Commission (SEC) Nigeria has restated the need for business owners in the country to embrace corporate governance as a desirable option to grow their enterprises, improve…
Shareholders hail Sterling Bank’s digital transformation
Glowing commendations from shareholders trailed the improved performance of Sterling Bank Plc at its 56th Annual General Meeting (AGM) in Lagos on Thursday, 16th of May…
FBN Holdings Pledges to Recover Loans, Shareholders Approve N8.9bn Dividend
The Group Managing Director of FBN Holdings Plc, Mr. Urum Kalu Eke yesterday said that the company would intensify efforts to recover all non-performing loans (NPL), which…
