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Equities Market Rebounds On Financial Stock, Up 0.24%

By Ololade Julianah,Lagos Nigerian equities got a fillip from resumed bargain hunting activities across the board on Tuesday when more than three stocks gained for every one that lost. Financial services stocks especially closed upbeat as investor confidence returned with both indicators closing higher at 0.24 per cent each. Market Capitalisation appreciated

Diamond Promo; Customers Get Cash, Car Gifts

Diamond Bank Plc will reward a total of 41 customers with N25 million and a brand new SUV in its DiamondXtra Season 8 South-West Regional draw tomorrow in Ibadan, the Oyo State capital. According to a statement issued by the management of the bank, the draw will be held in line

More Dual Listing On The Way – Onyema

After the successful listing of shares of Seplat Petroleum Development Company Plc on the London Stock Exchange (LSE) and the Nigerian Stock Exchange (NSE) in 2014, more companies in the downstream oil & gas Exploration and Production (E&P) sector have indicated interest to follow suit. The Chief Executive Officer of the

FBN Holdings Reports 82% FY Profit Drop

By Ololade Julianah,Lagos FBN Holdings on Tuesday submitted its full year financial result ended December 31, 2015 and the first quarter result ended March 31, 2016 to the management and stockbrokers of The Nigerian Stock Exchange (NSE). In its full year 2015 result, the group’s profit after tax dropped to N15.1 billion,

SEC Seeks Collaboration On Zero Tolerance On Infractions

By Ololade julianah,Lagos The Securities and Exchange Commission (SEC) has urged law enforcement agencies to collaborate with the Commission in its quest to ensure zero tolerance on infractions in Nigeria’s Capital Market and also ensure that perpetrators of fraudulent acts are brought to book appropriately. Director General of SEC, Mounir Gwarzo stated

 NCAA Orders Airlines To Remit All Unremitted Funds Within 60 Days

  The Nigerian Civil Aviation Authority (NCAA) has directed all airlines (Domestic and Charter) operating in the country to forward in full un-remitted funds accruable to the authority within 60 days without further delay. The General Manager, Public Relations, Mr Sam Adurogboye, who made this known in a statement to newsmen, stated

ExxonMobil Renews Grants To Fight Malaria In Africa

  ExxonMobil has said that it marked World Malaria Day by announcing grants to local and international organizations fighting malaria. These investments extend ExxonMobil’s commitment of more than 15 years to reduce the global burden of malaria, which threatens nearly half the world’s population and claimed an estimated 438,000 lives in