Archives for CAPITAL MARKET - Page 84
SEC moves to raise investor participation
The Securities and Exchange Commission (SEC), in a bid to deepen the nation's capital market, says it has resolved to raise the participation of retail investors in the market. This…
Oando reduces debt by 39.4 per cent in 2016 Q1
Oando Plc, Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange has disclosed that its debt profile has been substantially reduced from over N500 billion…
Borrowed Funds to Be Used to Finance Capital Projects – DMO
The Director General of Debt Management Office (DMO) Dr. Abraham Nwankwo has restated the Federal Government’s commitment that all money to be borrowed to finance the 2016 budget will be…
Dangote Cement posts N140.5bn revenue in 2016 Q1
Dangote Cement has posted revenue to the tune of billion for the first quarter ended March 31, 2016, compared to the 2015 figure of billion. According the company's filing with…
Union Bank gives reasons for non-dividend payment for 2015
Union Bank plc has attributed its inability to reward shareholders for the 2015 financial year to negative retain earnings recorded by the bank in the last four years. Fielding questions…
Unforeseen circumstances mar stock market performance in 2014
Despite all predictions by market analysts that 2014 performance will greatly outweigh that of 2013,  bottom-line of the  nations stock market  as at December, 2014 remained abysmally  below expectation as…
Stock market in 2015: experts hinge growth on investor attraction
The financial year 2015 was indeed victim of spill over of 2014 poor performance. Despite all predictions by market analysts that 2014 performance would greatly outweigh that of 2013, unfortunately…
