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CORNERSTONE INSURANCE - NEWS
The Nigerian bourse ended the week cumulatively on a less impressive note.
31 equities appreciated in price during the week, higher than 29 equities in the previous week.
This was partly triggered by soaring crude oil prices despite the resurgence of the COVID-19 pandemic.
The Nigerian bourse ended the week cumulatively on the high.
28 equities appreciated in price during the week, higher than 26 equities in the previous week.
The bonus share issuance is subject to shareholders' approval during the company's next Annual General Meeting.
Market capitalization similarly declined by 0.39% as DANGOTE recorded significant sell-offs in its share price.
The current CEO is scheduled to retire by December 31st, 2020.
Insiders are prohibited from trading a company's stock during a closed period.
The NSE All-Share Index and Market Capitalization both depreciated by 0.12%.
Nigerian bourse continued its bearish trend, taking no rest from previous week losses as the ASI dipped further...
Directors typically meet to consider/approve financial statements before they are released.