Author: Kingsley Ighomwenghian

1 2 3 470 10 / 4692 POSTS
Mixed Performance May Continue Amidst Profit-taking, Positioning In Value Stocks

Mixed Performance May Continue Amidst Profit-taking, Positioning In Value Stocks

Market Update for January 28 The Nigerian Stock Exchange NSE), again closed lower on Tuesday as players extended their profit-taking, as reactions to...
Dangote Farms Unveils N2.8bn Greenhouse Tomato Nursery

Dangote Farms Unveils N2.8bn Greenhouse Tomato Nursery

Dangote Tomatoes Processing Limited has unveiled a N2.8bn greenhouse nursery in Kano to supply quality tomato seedlings to Nigerian farmers, as part o...
SEC DG Seeks Media Support For Capital Market Devt Initiatives

SEC DG Seeks Media Support For Capital Market Devt Initiatives

Acting Director-General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk, on Tuesday applauded the media for robust support and co-operat...
Confirm New CBN Deputy Gov, NCC Chair, NCAA DG, Buhari Urges Senate

Confirm New CBN Deputy Gov, NCC Chair, NCAA DG, Buhari Urges Senate

•Explains Delay In Reconstituting NDDC Board Fresh from a six-week recess, the Senate, on Tuesday, received requests from President Muhammadu Buhari ...
Union Bank Divests Entire Stake In UK Subsidiary To MBU BidCo

Union Bank Divests Entire Stake In UK Subsidiary To MBU BidCo

In its bid to align with the strategy to geographically streamline its business operations and focus on growth opportunities in Nigeria, the board of ...
Indicators Turn Red, As Investors Take Profit, ‘Reprice’ Assets, Balance Portfolio

Indicators Turn Red, As Investors Take Profit, ‘Reprice’ Assets, Balance Portfolio

Market Update for January 27 Nigeria’s stock market closed lower on Monday amidst assets repricing, portfolio rebalancing, and profit-taking, as inve...
Unilever Nigeria: Undone By Competition, Posts Negative Numbers, Needs Fresh Strategy

Unilever Nigeria: Undone By Competition, Posts Negative Numbers, Needs Fresh Strategy

Rating: Short Term: Sell Long Term: Hold Current Market Price: N17.55 Latest Cash Dividend: Nil Year High: N20.70 Year Low: N17.55 Fair Value: N1...
Senate To Focus On Constitution Review, Security, PIB, Electoral Reforms – Lawan

Senate To Focus On Constitution Review, Security, PIB, Electoral Reforms – Lawan

Senate President Ahmad Lawan, on Monday, said the upper chamber of the National Assembly will focus on national security, the embattled Petroleum Indu...
Update: Lagos Bans Okadas, Tricycles From Apapa, Ikeja, Lagos Island From Feb. 1

Update: Lagos Bans Okadas, Tricycles From Apapa, Ikeja, Lagos Island From Feb. 1

The Lagos State Government, on Monday, announced a ban on all forms of commercial motorcycles (Okada) and tricycles (Keke) activities six local govern...
Nigerian Banks May Wobble On MPC’s CRR Move

Nigerian Banks May Wobble On MPC’s CRR Move

By CardinalStone Research In its latest meeting, the Monetary Policy Committee (MPC) announced an increase in cash reserve ratio (CRR) from 22.5% to ...
1 2 3 470 10 / 4692 POSTS