Audited results: Jaiz Bank declares N2.4bn profit after tax 2019

June 5, 2020 David Agba 0

Jaiz Bank Plc, the premier non-interest (Islamic) Bank in Nigeria has released its 2019 audited results for the period ended December 31st, 2019, declaring a Profit After Tax (PAT) of N2.4 billion. This represents a massive leap of 193% from N834.4 million realized in the corresponding period of 2018. In the report submitted to the Nigerian Stock Exchange (NSE), the Read More

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NSE to sustain remote trading amidst Covid-19 pandemic

March 31, 2020 Editorial III 0

The Nigerian Stock Exchange NSE has assured investors that despite federal government 14 day restriction to combat effect of coronavirus outbreak, it will continue trading normal hours by providing trade access to dealing members through fix protocol and virtual private network (VPN) platform. Chief Executive officer of the NSE, Oscar Onyema who disclosed this in Lagos said the Exchange has Read More

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Stock market loses N175bn

February 6, 2020 Editorial III 0

Trading on the floor of Nigerian Stock Exchange extended its bearish sentiment on Wednesday for the eight successive session, shedding N175 billion. Operators said that some investors have reduced selling off their investment because the expected dividend announcement by quoted companies for 2019 financial year is around the corner. Specifically, market capitalisation of listed equities declined further by 1.19 per Read More

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NSE: Employees donate to less privileged homes

January 6, 2019 Editorial III 0

As part of its Employee Give-Back Initiative aimed at extending a hand of care to the less privileged during festive seasons, employees of the Nigerian Stock Exchange (NSE) has donated to two charity homes. The organisations were Bethesda Home for the Blind, Lagos and Children of Promise Orphanage, Ibadan.  The NSE said that these two emerged from a ballot, following Read More

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NSE: Capitalisation dips further by N49bn

January 5, 2019 Editorial III 0

The bears persist on the Nigerian Stock Exchange (NSE) for the third trading day of the year with the market capitalisation declining further by N49 billion. Specifically, the market capitalisation shed N49 billion or 0.42 per cent to close at N11.425 trillion against N11.474 trillion recorded on Thursday. Similarly, the All-Share Index lost 132.42 points or 0.43 per cent to Read More

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Equity market drops N28bn

November 6, 2018 Blueprint 0

Trading activities on the floor of Nigerian Stock Exchange (NSE) yesterday opened week in negative trend, dropping by N28 billion, Specifically, Market Capitalisation of listed equities declined by 0.24 per cent to N11.700 trillion from N11.728 trillion reported on Friday. The NSE All Share Index also depreciated by 76.76 basis points to 32048.18 points from 32124.94 reported previously. Investors traded Read More

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NSE: Investors move 151.346m shares worth N1.51bn

October 5, 2018 Blueprint 0

A total of 151.346 million shares valued at N1.51 billion were traded in 2,356 deals on the Nigerian Stock Exchange (NSE) yesterday. This was against the 136.731 million shares worth N1.43 billion traded in 2,801 deals on Wednesday, representing 10.69 per cent increase in volume respectively. Market capitalisation depreciated by N11 billion or 0.09 per cent to close at N11.837 Read More

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NSE retains ISO 27001:2013 certification

September 28, 2018 Blueprint 0

The Nigerian Stock Exchange (NSE) has retained the ISO 27001:2013 certification for its Information Security Management System (ISMS) for the third year consecutively. The re-certification followed a rigorous independent audit of NSE’s Information Security Management System (ISMS) by the British Standard Institute (BSI), to ensure that the principles of the International Organization for Standardization (ISO) on ISMS standard are being Read More

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Equity market declines further by N73bn

September 28, 2018 Blueprint 0

Trading activities on the floor of Nigerian Stock Exchange (NSE) yesterday sustained negative profile, shedding N73 billion. Specifically, market capitalisation of listed equities declined by 0.61 per cent to N11.961 trillion from N12.034 trillion reported the previous day. Also the NSE All Share Index deprecated by 199.92 basis points to 32763.35 points from 32962.27 points reported on Wednesdays. Investors traded Read More

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We won’t throw money to boost our share price – Akindele

July 31, 2018 Blueprint 0

The Managing Director and Chief Executive Officer, Courteville Business Solutions Plc, Mr. Adebola Akindele, has expressed concern over the depreciation in the prices of company’s stock at the Nigerian Stock Exchange (NSE) but insisted that he was not going to throw money at it to boost the share price. The foremost e-business solutions and advisory company, and FTN Cocoa are Read More

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Equity market rebounds, gaining N262bn

July 24, 2017 Blueprint 0

Stories by Amaka Ifeakandu Lagos Investment in the nation’s equity market has continued it’s positive trend, as the Nigerian Stock Exchange (NSE) All Share Index (ASI) increased by 758.71 basis points. Th e NSE trading report for the week showed that ASI moved up by 2.28 per cent to close at 34020.37 points from 33261.66 recorded the previous week. Market Read More

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NSE recalls suspended fi rm

July 12, 2017 Blueprint 0

Th e Nigerian Stock Exchange (NSE), yesterday lifted the suspension of trading in the shares of Sovereign Trust Insurance Plc. Th e bourse, in a notice posted on its website, said Sovereign Trust Insurance Plc, which was one of the companies suspended last week, has submitted its audited accounts for the period ended December 31, 2016. On July 7, the Read More