Investors Bite

Intraday Update: Nigerian Stocks Gain +0.20% on Buy Interest Across Sectors

April 17, 2018/InvestmentOne Update ASI as at 12.00pm: +0.20%. Market movers: WAPCO (+4.44%), UNITYBNK (+4.31%), FIDSON (-5.00%), TRANSCORP (-3.53%). Sector Performances: Industrial (+1.39%), Banking (+0.59%), Consumer Goods (+0.34%), Oil & Gas. Market activity: In today’s early trade, total volume and value declined by 7% and 52% respectively compared to this […]

Sterling Bank Says 2017 Pretax Profit up 43.5%, Offers 2 Kobo per share Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc said on Monday its pretax profit for the period ended December 31, 2017 grew 43.5 percent to N8.60 billion from N5.99 billion posted a year ago. Profit after tax (PAT) of the lender increased 65.1 percent to N8.52 billion from N5.16 billion declared in […]

MTN’ll list on Stock Exchange this year –Dambatta

17/4/2018/The Sun Amechi Ogbonna Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Dambatta, Monday, affirmed that MTN Nigeria would formally list on the Nigerian Stock Exchange (NSE) in 2018 despite  the challenges trailing the decision. Speaking at a media stakeholders meeting in Lagos, Dambatta, said the listing […]