By InvestAdvocate Lagos (INVESTADVOCATE)-Unrelenting bears on Monday pulled down the Nigerian Stock Exchange (NSE) as all-share index (ASI) dipped 2.86 percent to close at 24,649.39 basis points, while market capitalisation sank by N233.45 billion to N8.48 trillion. “Today’s poor performance reflects market reaction to the potential exclusion of Nigerian equities […]
Tag: Zenith Bank Plc
Nigeria may be Excluded from the MSCI Frontier Market Index
April 8, 2016/Cordros MSCI Inc. (“MSCI”), released a statement this morning, wherein it mentioned that as a result of the deterioration of foreign exchange market liquidity in Nigeria, it was closely monitoring the situation in the country with regards to market accessibility ahead of its upcoming Semi-Annual Index Review in May […]
Zenith Bank Pays Higher Dividend of N1.80 per Share
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top lender, Zenith Bank Plc on Wednesday approved the payment of N1.80 per share dividend to its shareholders at its 25th Annual General Meeting (AGM) held in Lagos. The board of directors of the Bank had earlier proposed a final dividend of N1.55 kobo per share […]
