Browsing: SHAREHOLDERS

NSE: Year to date loss moderate as investors gain ₦18.1 billion

Investors’ Fortune drops by ₦75.1 Billion as All-Share Index Dips. Investors’ fortune drops by ₦75.1 billion as the Nigerian Stock Exchange (NSE) All-Shares Index Dip on Tuesday.

Sell-offs in DANGCEM (-4.1%), ACCESS (-0.8%) and MANSARD (-8.2%) dragged the All-Share Index down 58 basis points (bps) to

SUNU Assurances Plc Profit Spikes 30% to ₦1.2 billion. SUNU Assurances Nigeria Plc. has announced a 30% increase in profit to N1.2 billion for the financial year 2019. The audited result shows that the company recorded N914 million profit in the 2018 financial year.

FrieslandCampina WAMCO Grows Revenues, Pays ₦9.49 Dividend in 2019. FrieslandCampina WAMCO Nigeria, producers of Peak and Three Crowns Milk, has announced a turnover of ₦161.83 billion for the financial year 2019.

Profit Takings Wipes Off ₦49.6 Billion from Stock Market. The Nigerian Stock Exchange (NSE) traded southwards for the third consecutive day this week, as investors continue to take profit.

Stock market sustained positive momentum lifts All-Share Index. The Nigerian Stock Exchange continues its bull run as the equities segment sustained a positive performance. Week to date, the All-Share index gained 0.3% to close at 25,267.82 points.

The shareholders of the Central Securities Clearing System (CSCS) Plc has approved total dividend of ₦4.3 billion declared by the board for 2019. The shareholders gave the approval at the company’s virtual 26th Annual General Meeting (AGM) by proxy, held at the Nigerian Stock Exchange (NSE) on Friday.

NSE remains upbeat as investors fortune grows by ₦130 billion. Investors remain largely positive on the Nigerian Stock Exchange (NSE) on Wednesday, with the market capitalisation up by ₦130 billion.

NB Plc: Vetiva’s analyst slashed share price target on performance concern

Analysts downgrade NASCON to SELL on performance, valuation concern