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A total of N578.114bn dividends has so far been declared for payment to shareholders by companies that have held their Annual General Meetings for the 2018 financial year. According to the latest data obtained from the Nigerian Stock Exchange by our correspondent, Dangote Cement Plc paid the highest dividend of N16 per share, which translated […]

MTN Nigeria Communications Plc has risen by the maximum daily allowable price gain of 10 per cent by mid day trading at the Nigerian Stock Exchange ( NSE ), chalking up a whooping N201. 47 billion capital gains in second day of trading at the stock market. MTN Nigeria on Thursday listed by way of […]

National Bureau of Statistics (NBS) said that inflation rate has increased to 11.37 per cent (year-on-year) in April 2019 as against 11.25 per cent in March. The bureau, in a statement obtained in its website, said that the increase is 0.12 per cent higher than the rate recorded in March. It also noted that increases […]

MTN Nigeria Communications Plc, has announced it has received approval to list its shares on the Premium Board of the Nigerian Stock Exchange (NSE). The listing is set to proceed today and will be done by way of an introductory listing indicating the NSE now have a telecommunication company on its board. The listing by […]

Following claims by Beverly Hills-based Citron that Jumia made false disclosures during its initial public offer (IPO) as well as alleged fraudulent dealings among its executives, the company has labelled the report as “untrue”. This was even as it said it will be looking at more innovative ways of discharging its logistics as well as […]

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