Browsing: NSE

Banking sector non-performing loans drop by 41% in 2019. The banking sector assets quality improved significantly in 2019 as non-performing loans (NPL) ratio nosedived by 41%.

COVID-19: A time for opportunistic buys? The global economy and financial markets have been roiled by the global pandemic of…

NSE: Year to date losses widen to 16% as investors fortunes plunge. Whirlwind of sell-offs has persisted on the Nigerian Stock Exchange, thus widen year to date losses to 16% on Tuesday.

Access Bank earnings pick as lender builds Pan-African footprint

MTNN earnings beat fails to lift share price 7-trading session straight MTN Nigeria Plc. share price has been on declining…

NSE plunges: N611bn knocked off value as fear of Coronavirus hits financial markets. The Nigerian Stock Exchange went down significantly last week on the fear of Coronavirus which instigates sharper sell-off. Equities market capitalisation value declined N610.6 billion to settle at N13.7 trillion.

UBA posts N89.1 billion profit in 2019. United Bank for Africa (UBA) Plc has posted a profit after tax of N89.1 billion for the financial year ended Dec. 31, 2019.

FCMB tops Q4 profit estimate as lender cuts impairment charge

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.

FCMB says group will diversify earnings from retail, raise Tier-2 Capital. After disappointing earnings in the third quarter of 2019, FCMB Group www.fcmbgroup.com said it plans to diversify earnings concentration from banking, sets strategic course for 2020 with Tier-2 capital raise which is expected to be closed in January.