Equities

NEM Insurance Plc projects profit after tax of N4.1 billion in Q4 2021.

September 6, 2021

NEM Insurance Plc released its earnings forecasts for the fourth quarter of the year (Q4, 2021). Net premium income was...

Wall Street finished green, DiDi IPO raises $4 billion

Markets

Didi share soars despite rumours of China’s takeover

by Ubah Jeremiah Ifeanyi

September 4, 2021

Didi's stock is up into double digits this week despite rumours that Beijing is considering a proposal to seize control...

The stock market closes negative with Market Capitalization down N28 billion

Spotlight

Nigerian stock market dips 0.57% as investors part with N117 billion

by Samuel Oyekanmi

September 4, 2021

The Nigerian stock market ended the week on a bearish note as the All-Share Index, which is the benchmark in...

The SWOOTs lose 0.35% in market capitalization to N13.42 trillion

Spotlight

The stocks worth over one trillion lose N78.39 billion in market cap

by Chidinma Anyalewechi

September 4, 2021

The combined market capitalization of the stocks worth over one trillion (SWOOT), depreciated by 0.56% to close at N13.92 trillion...

Vine Foods Limited purchases additional 1m units of United Capital shares worth N7.23m.

Vine Foods Limited, a company to linked to a Non-Executive Director in United Capital Plc, Mr Emmanuel Nnorom, has purchased...

FCMB projects profit after tax of N8.51 billion in Q4 2021.

First City Monument Bank Plc (FCMB) released its earnings forecasts for the fourth quarter of the year (Q4, 2021). Gross...

Abbey Mortgage Bank Plc projects profit after tax of N131.7 million in Q4 2021.

Abbey Mortgage Bank Plc released its earnings forecasts for the fourth quarter of the year (Q4, 2021). Gross earnings is...

Market Views

Investors should avoid Chinese stocks right now – J.P. Morgan’s Joyce Chang

by Ubah Jeremiah Ifeanyi

A major investment bank is shunning Chinese stocks due to the crackdown on Chinese firms by its government. According to...

Trans Nationwide Express Plc projects profit after tax of N46.5 million in Q4, 2021.

September 2, 2021

Trans Nationwide Express Plc released its earnings forecasts for the fourth quarter of the year (Q4, 2021). Revenue is projected...

MEDVIEW AIRLINE PLC: Notice of Board Meeting.