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42 European investors coming in November, says FG

25/10/2016/Punch Representatives of 42 investors from European countries will come into the country next month to consider areas of investment in the various sectors of the Nigerian economy, the Federal… Read more »

Zenith Bank Plc Releases Q3 2016 Financial Results; Grows PBT by 16.6%

Culled—Proshare October 24, 2016/Zenith Ban Plc Zenith Bank Plc, (Bloomberg: ZENITHBA NL) (“Zenith” or the “Bank”), the Nigerian bank headquartered in Lagos, announces its unaudited results for the 9 months… Read more »

Stocks Open Week Bearish, In Spite Encouraging Q3 Report by ZENITHBANK

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday commenced the week on bearish note in spite of an encouraging third quarter (Q3) 2016 numbers released by Nigeria’s top… Read more »

The Initiates Plc Set to List Shares

By InvestAdvocate Lagos (INVESTADVOCATE)-Waste management firm, The Initiates Plc on Wednesday will list their shares on the Nigerian Stock Exchange (NSE) and will present Facts behind the Listing to capital… Read more »

Zenith Bank 9-Month Pre-tax Profit Outperform Consensus Estimate

By InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s top tier lender, Zenith Bank Plc said on Monday its pretax profit for the nine-month period ended September 30, 2016 rose 16.6 percent to N121.3… Read more »

ETI Converts Preference to Ordinary Shares

October 24, 2016/NSE Further to the earlier communication on this matter, you will recall that by a resolution passed on the fourteenth day of September 2011 the Board of Directors… Read more »

London Stock Exchange Provides $26bn for African Companies in 10 Years

By Goddy Egene The London Stock Exchange (LSE) has provided $26.1 billion for African companies in the last 10 years, the Chief Executive Officer of the Nigerian Stock Exchange (NSE),… Read more »

SEC Proposes New Rule & Sundry Amendments

21/10/2016/SEC New Rule Proposed Rule for the Three-Tiered Know-Your-Customer (KYC) Framework for Capital Market Operators Sundry Amendments a. Proposed amendment to Rule 39(2) -Proposed New Rule on Fast Track Filing… Read more »

Nigerian bourse pushes back derivatives launch to 2017 – CEO

22/10/2016/Reuters By Karin Strohecker Nigeria’s stock exchange, Africa’s second largest, will push back the launch of derivatives trading to 2017, starting with stocks futures once a clearing house has been… Read more »

Stocks Close Week in Red, Dips 0.95% on Profit-Taking

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note as the all-share-index (ASI) and market capitalisation depreciated by 0.95 percent… Read more »