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Business Nigeria: Stock Market: Highlights of Today’s Trading Session [01-09-2016]
The Nigerian Stock Exchange (NSE) on Thursday ended bullish as all-share index (ASI) moved up by 2.97% to close at 28,419.92 points, while market capitalisation increased by N9,760,803,646,737.64 . Highlight of today;s trading: ASI: 28,419.92 DEALS: 3,243.00 VOLUME: 229,225,291.00...- ProfRem
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Business Nigeria: Stock Market: Highlights of Today’s Trading Session [30-08-2016]
The Nigerian Stock Exchange (NSE) on Tuesday closed bullish as all-share index (ASI) moved up by 0.48% to close at 27,493.12 points, while market capitalisation increased by N9,442,494,827,918.56 . Highlights of today’s trading session: ASI: 27,493.12 DEALS: 3,536.00 VOLUME: 230,135,878.00...- ProfRem
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Business Diamond Bank Posts 25.51% Drop In 2016 Half-Year Profit
Diamond Bank Plc has reported 25.51 per cent drop in profit after tax for the half year ended June 2016. The financial statement released to the Nigerian Stock Exchange (NSE) showed that the group recorded a profit after tax of N9.053 billion during the half year as against N12. 154 billion...- ProfRem
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Business Dogara to Ring Closing Bell of NSE This Friday
Speaker of the House of Representatives, Yakubu Dogara will on Friday ring the closing bell of the Nigerian Stock Exchange, NSE. A statement issued by his media team said Dogara was invited to the NSE in recognition of his contribution and that of the House of representatives in deepening...- abujagirl
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Business Nigerian Stock Exchange Down By 1.63% As New FX Regime Begins
The Nigerian Stock Exchange (NSE) experienced a downturn by 1.6% to close at 28,769.90bpts on the first day of the flexible exchange regime of the Central Bank of Nigeria. Last Friday, the stock exchange hit all time 2016-high of N10.04 trillion, following the introduction of the new foreign...- ProfRem
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Business Stanbic IBTC Launches Real-time Trading Platform on NSE
Stanbic IBTC Stockbrokers Limited, has launched an online stockbroking service on the Nigerian Stock Exchange with real-time processing capacity. The Stanbic IBTC e-Trade provides investors with real-time market information as well as enabling them give real-time mandates to buy or sell shares...- ProfRem
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Business First Bank's Profit Dropped by 82% In 2015
First Bank of Nigeria Holdings, a leading Nigerian financial services group, released on Tuesday its financial statement for the 2015 full year ended December 31, 2015. The company said its after-tax profit fell 82 percent year-on-year to N15.1 billion in 2015 compared with N84 billion...- ProfRem
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Business Economic Crisis: 5 Nigerian Banks Currently Experiencing Decline in Profit
The 2015 financial results of the five banks released in March this year showed that the profit before tax tumbled by 69 per cent to N77.65bn from N131.19bn in 2014. The Declined was a result of bad loans, naira volatility and other economic headwinds with N53.54bn fall in profit which many of...- ProfRem
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Business Dangote, GTB, Others Among Nominees For African Business Awards
Forbes Richest Black Person, Alhaji Aliko Dangote, Guaranty Trust Bank; the Nigerian Stock Exchange; and the managing director of Lagos Deep Offshore Logistics Base, Amy Jadesimi, are on the list of nominees for 2015 African Business Awards. The Awards will be held on the eve of the African...- Temitope
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