Stanbic IBTC Bank, a member of Standard Bank Group, has reported gross earnings of N64.0 billion for the nine-month period, which ended on September 30, 2012, representing some 35 per cent increase over the N47.4 billion recorded in the comparable period of 2011. According to the bank’s unaudited results released […]
Tag: Nigerian Stock exchange
NSE Foresees Revival of IPOs in 2013
The Nigerian Stock Exchange (NSE) has said the current market rally and improved regulation could lure up to 20 companies to list on the Nigerian bourse in 2013. The Financial Times quoted NSE’s Chief Executive Officer, Mr. Oscar Onyema, to have made this remark Monday . This, according to him, […]
Analysts predict possible continuity of negative market trend
The negative trend witnessed in the capital market over the last two weeks may continue for a while, analysts have said. Major market indicators depreciated in the week ended November 2, with the NSE All-Share Index losing 316.52 points or -1.18 per cent to close at 26,559.55. The week had […]
