Capital Market – Tribune Online https://tribuneonlineng.com Breaking News in Nigeria Today Sun, 16 Feb 2020 19:33:43 +0000 en-GB hourly 1 https://wordpress.org/?v=5.3.2 https://tribuneonlineng.com/wp-content/uploads/2017/08/logo.jpg Capital Market – Tribune Online https://tribuneonlineng.com 32 32 118125416 Infrastructure dev’t: SEC emphasizes the need to attract private, domestic capital https://tribuneonlineng.com/infrastructure-devt-sec-emphasizes-the-need-to-attract-private-domestic-capital/ Mon, 17 Feb 2020 02:49:26 +0000 https://tribuneonlineng.com/?p=295777 Tribune Online
Infrastructure dev’t: SEC emphasizes the need to attract private, domestic capital

Nigeria stock market

Infrastructure development has been described as critical for the achievement of economic prosperity, sustainable growth and development of Nigeria. Therefore, the need to attract private and domestic capital to fund and support critical infrastructure is paramount. This, among others, was the resolution reached at the end of the Securities and Exchange Commission, (SEC) yearly budget […]

Infrastructure dev’t: SEC emphasizes the need to attract private, domestic capital
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Nigerian Breweries to pay N1.51kobo/share final dividend https://tribuneonlineng.com/nigerian-breweries-to-pay-n1-51kobo-share-final-dividend/ Mon, 17 Feb 2020 02:47:24 +0000 https://tribuneonlineng.com/?p=295770 Tribune Online
Nigerian Breweries to pay N1.51kobo/share final dividend

NB

The board of Nigerian Breweries Plc has proposed the payment of a final dividend of N1.51 each to shareholders of the company for the financial year ended December 31, 2019 and would be paid only to those whose names appeared on the register of members as of the close of business on March 4, 2020. […]

Nigerian Breweries to pay N1.51kobo/share final dividend
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Equities investors exchange N10.75bn worth in bearish trade https://tribuneonlineng.com/equities-investors-exchange-n10-75bn-worth-in-bearish-trade/ Mon, 17 Feb 2020 02:41:00 +0000 https://tribuneonlineng.com/?p=295765 Tribune Online
Equities investors exchange N10.75bn worth in bearish trade

On the Nigerian Stock Exchange (NSE), the equities market ended the second week in the month of February bearish as the All Share Index (NSE) recorded 1.11 per cent week on week. After the five-day trading activities, the Industrial Goods index alone escaped the bear pull as it gained 0.78 per cent, while significant losses […]

Equities investors exchange N10.75bn worth in bearish trade
Tribune Online

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Jaiz Bank increases profit BT 114% in 2019 https://tribuneonlineng.com/jaiz-bank-increases-profit-bt-114-in-2019/ Mon, 10 Feb 2020 02:52:44 +0000 https://tribuneonlineng.com/?p=293186 Tribune Online
Jaiz Bank increases profit BT 114% in 2019

Nigeria stock market

NIGERIA leading non-interest banking institution, Jaiz Bank Plc, has recorded N1.8 billion Profit After Tax (PAT) for the year 2019. According to the company’s unaudited Consolidated Financial Statement for the year under review, the post-tax profit declared by the firm last year was 114 percent better than what was achieved in the 2018 financial year, […]

Jaiz Bank increases profit BT 114% in 2019
Tribune Online

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Unquoted stocks: Providing equity investment exposure https://tribuneonlineng.com/unquoted-stocks-providing-equity-investment-exposure/ Mon, 10 Feb 2020 02:52:32 +0000 https://tribuneonlineng.com/?p=293184 Tribune Online
Unquoted stocks: Providing equity investment exposure

FOLLOWING two consecutive years of bearish performance, the Nigerian equity market is recovering fast, with the Nigerian All Share Index rallying 4.7 per cent year-to-date. Pundits attribute the stellar performance of the market in January 2020 to a number of factors, including low valuation of stocks, high dividend yield expectations and increased allocation to equities […]

Unquoted stocks: Providing equity investment exposure
Tribune Online

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SUNU Assurance to convert debt to equity https://tribuneonlineng.com/sunu-assurance-to-convert-debt-to-equity/ Mon, 10 Feb 2020 02:48:58 +0000 https://tribuneonlineng.com/?p=293180 Tribune Online
SUNU Assurance to convert debt to equity

Airtel listing

THE board of Sunu Assurance Nigeria Plc has announced its intention to ask for an approval from shareholders of the company to convert the debt it obtained from Daewoo Securities (Europe) Limited to equity at a “prevailing market price.” In a notice to the Nigerian Stock Exchange (NSE), the firm said it plans to get […]

SUNU Assurance to convert debt to equity
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Nigerian Breweries to issue N45bn commercial paper https://tribuneonlineng.com/nigerian-breweries-to-issue-n45bn-commercial-paper/ Mon, 03 Feb 2020 02:58:30 +0000 https://tribuneonlineng.com/?p=290447 Tribune Online
Nigerian Breweries to issue N45bn commercial paper

NB

Nigerian Breweries Plc, is set to raise about N45 billion from the local debt market. In a disclosure to the Nigerian Stock Exchange (NSE) on Friday, the company said it intends to get the fresh capital from the sale of commercial paper. It stated that subscription for the CP programme, coming in Series 5 and […]

Nigerian Breweries to issue N45bn commercial paper
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Interswitch Limited lists N23bn bond on NSE https://tribuneonlineng.com/interswitch-limited-lists-n23bn-bond-on-nse/ Mon, 03 Feb 2020 02:22:50 +0000 https://tribuneonlineng.com/?p=290485 Tribune Online
Interswitch Limited lists N23bn bond on NSE

deal nse

The callable N23 billion worth of bond issued by leading technology-driven company with a focus on the digitisation of payments in Nigeria and other African countries, Interswitch Limited, has been listed on the Nigerian Stock Exchange (NSE). The senior unsecured bond, with a tenor of seven years and a fixed rate of 15 per cent, […]

Interswitch Limited lists N23bn bond on NSE
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Honeywell Flour Mills records N58.2bn revenue in 9m 2019 https://tribuneonlineng.com/honeywell-flour-mills-records-n58-2bn-revenue-in-9m-2019/ Mon, 03 Feb 2020 02:22:38 +0000 https://tribuneonlineng.com/?p=290483 Tribune Online
Honeywell Flour Mills records N58.2bn revenue in 9m 2019

Nigeria stock market

Honeywell Flour Mills Plc. (HFMP), a leading foods manufacturer in Nigeria, today announced financial figures for the 9-month period ended December 31, 2019. Honeywell Flour Mills unaudited results for the nine-month period ended December 31, 2019 shows a revenue growth of six per cent from N55 billion to N58.2 billion when compared with the same […]

Honeywell Flour Mills records N58.2bn revenue in 9m 2019
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NSE: Sell-offs reduce gains at 0.03% https://tribuneonlineng.com/nse-sell-offs-reduce-gains-at-0-03/ Mon, 27 Jan 2020 02:58:27 +0000 https://tribuneonlineng.com/?p=287917 Tribune Online
NSE: Sell-offs reduce gains at 0.03%

deal nse

Equities trading activities on the Nigerian Stock Exchange last week ended with marginal increase in the indicators as the All Share Index closed marginally higher at 0.03 per cent, with the year-to-date return settling slightly higher at 10.4 per cent. The NSE All-Share Index and Market Capitalisation both appreciated by 0.03 per cent to close […]

NSE: Sell-offs reduce gains at 0.03%
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