October 17, 2016 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s foremost brewer, Guinness Nigeria Plc said on Monday proposed a lower dividend payout to shareholders of the company. Guinness offered its investors a 50 kobo per share in respect of year ended June 30, 2016 compared to N3.20 per share paid last year; […]
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NASD OTC Q3’16 Market Summary
Culled—Proshare 14/10/2016/NASD PLc The OTC market grew in size and structure in the 3rd quarter [“Q3”] of 2016. At the end of the quarter, 31 securities traded on the NASD OTC market as against 28 securities in the previous quarter. Admitted Securities market capitalisation on the NASD OTC Market stood […]
NSE Reverses Last Week’s Loss on Bargain Hunting
By InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian equities market reversed last week’s loss as the gain reflects a mix bag of bargain hunting with the benchmark index and market capitalisation advancing by 0.09 percent week-on-week (w/w) to close at 27,861.03 points and N9.570 trillion respectively. “Similarly, all other Indices finished higher […]
