Nigeria’s FBN Holdings said on Tuesday its half-year pretax profit rose to 54.8 billion naira ($339.5 mln), up 2.5 percent from the same period a year ago. Gross earnings rose to 194.8 billion naira in the six months to June 30, from 180.9 billion naira in the same period last […]
Author: InvestAdvocate
NYIF, CIS to collaborate on capacity building
The New York Institute of Finance has expressed its readiness to partner with the Chartered Institute of Stockbrokers to promote capacity building in the Nigerian Stock Exchange. The Managing Director/Chief Executive Officer, NYIF, Mr. Patrick Fitzgerald stated this during a courtesy visit to the trading floor of the NSE in […]
Transcorp lists 12.9 billion rights issue
Transnational Corporation of Nigeria Plc on Tuesday announced the official listing of its rights issue of 12.9 billion ordinary shares on the floor of the Nigerian Stock Exchange. The President/Chief Executive Officer, Transcorp, Mr. Obinna Ufudo, remarked in a statement that the rights issue was 132.08 per cent subscribed. This, […]
