Author: Kingsley Ighomwenghian

1 2 3 204 10 / 2031 POSTS
Nigerian Equity Index Suffers Reversal, Amidst Profit Taking, Weakened Money Flow

Nigerian Equity Index Suffers Reversal, Amidst Profit Taking, Weakened Money Flow

Nigeria’s equity market, on Wednesday, closed lower again, reversing previous day’s gain, oscillating amidst volatility, driven by resumed profit taki...
Despite Limping Earnings, FBN Holdings 2017 Profit Up 226.88%, Offers N0.25 Dividend

Despite Limping Earnings, FBN Holdings 2017 Profit Up 226.88%, Offers N0.25 Dividend

Directors of FBN Holdings Plc, on Wednesday presented its audited result for the full year ended December 31, 2017, indicating significant improvement...
Diamond Bank Sells UK Arm, Says To Concentrate On Nigerian Market

Diamond Bank Sells UK Arm, Says To Concentrate On Nigerian Market

At a time it is fast becoming fashionable for its peers to make inroad into the United Kingdom in view of the competition of the future, the board of ...
We’re Partnering CAC To Ensure Shares Are Traded Only On SEC-Regulated Platforms In Nigeria- Uduk

We’re Partnering CAC To Ensure Shares Are Traded Only On SEC-Regulated Platforms In Nigeria- Uduk

Ms. Mary Uduk, Acting Director-General of the Securities & Exchange Commission (SEC), last week hosted the first Capital Market Committee (CMC) meetin...
More Earnings Surprises Reveal Stronger Companies, Hope For Impressive Q1 GDP Data

More Earnings Surprises Reveal Stronger Companies, Hope For Impressive Q1 GDP Data

Market volatility continued on the Nigerian Stock Exchange Tuesday, halting the two trading sessions of red market, as more companies released impress...
Dangote Cement Blames Slow Q1 Growth On Tanzania, Ghana Plants Shutdown, Ethiopia Conflict

Dangote Cement Blames Slow Q1 Growth On Tanzania, Ghana Plants Shutdown, Ethiopia Conflict

The management of Dangote Cement Plc said it would have achieved much more than the 16.31% growth in sales revenue and 29.1% in profit after tax, if n...
CBN Sustains Forex Market Interventions With $210m

CBN Sustains Forex Market Interventions With $210m

The Central Bank of Nigeria (CBN), on Tuesday, again stepped into the inter-bank sector of the Foreign Exchange market, intervening in the wholesale s...
Prioritize Youth, Fix Policy, Regulatory Hiccups, Elumelu Tells African Leaders

Prioritize Youth, Fix Policy, Regulatory Hiccups, Elumelu Tells African Leaders

Philanthropist, entrepreneur and Africapitalism driver, Tony O. Elumelu wants leaders on the continent to prioritize Africa’s youth by fixing the poli...
Unilever: In Need Of Better R&D, Aggressive Marketing To Boost Returns

Unilever: In Need Of Better R&D, Aggressive Marketing To Boost Returns

Company: Unilever Nigeria Plc Rating: Hold Current Market Price: N55.00 Fair Value: N22.00 By: Jeariogbe Tunde Segun (Equity Analyst) Key Finan...
Diaspora Nigerians Remitted $165.19bn In Seven Years- World Bank

Diaspora Nigerians Remitted $165.19bn In Seven Years- World Bank

Data by the World Bank Group says Nigerians in Diaspora remitted a total of $21.967bn to the country last year, which brought total remittances to $16...
1 2 3 204 10 / 2031 POSTS