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Motion Pillow and other Most Innovative Products of 2020
NSE, Meristem pitch ETFs as a smart investing tool. The Nigerian Stock Exchange partners Meristem Wealth Management limited on ‘Smart Investing Tools Workshop’ to pitch benefits of Exchange Traded Funds (ETFs) as an investing tools.
Declining demand for Pharma-Deko products widen loss. It has been a bad time to do business for Pharm-
Derivative market: NSE, SEC Train Capital Market Operators on Legal, Regulatory Requirements
The Nigerian Stock Exchange organised a Workshop on the legal and regulatory requirements of Derivatives trading for capital market operators yesterday at the Exchange House in Lagos.
Strong earnings fail to lift Consolidated Hallmark share price. Consolidated Hallmark Insurance Plc, a General Business and Special Risks Insurance underwriting firm grew profit for 2019 by 56.6% to N636.934 million.
Sterling Bank after tax profit jumps 9.4% amid increase regulation. Despite an increased regulation that defines the banking sector operation in the second half of 2019, Sterling bank Plc bolstered performance as both top and bottom line expanded.
Interswitch Limited Lists ₦23Billion Bond on Nigerian Stock Exchange. The Nigerian Stock Exchange has announced that it has listed Interswitch Limited’s N23billion Bond on Friday, 31 January 2020. The Exchange in a statement said the Callable Senior Unsecured Bond, with a tenor of seven years, at a fixed rate of 15 per cent, is part of a N30 billion Debt Issuance Programme issued through a Special Purpose Vehicle – Interswitch Africa One Plc.
Nigerian Breweries to raise N45 billion commercial paper. Nigerian Breweries Plc will be in the market from Monday to raise N45 billion series 5 and 6 commercial paper programme.
Important decision turns bad for Unilever as sales drop amid rising cost. Unilever Nigeria Plc (www.unilevernigeria.com) 2019 earnings scorecard disappoints analysts, shareholders and market have not got rid of it poor performance. The company made loss in its 2019 results upon taking key decision about its operations and actors in its distribution channels.
Equities market indices retreat as investors’ dump pricey stocks. There was a pullback in the market after trading session today. Investors dumped weighty and highly price stock dragged stock market indices