Category: Capital Market

Guinness Nigeria Plc gets New Non-Executive Director & Company Secretary

Guinness Nigeria Plc gets New Non-Executive Director & Company Secretary    The Boards and management of the Guinness Nigeria Plc (Guinness Nigeria” or “the Company”) has notified the investing community through The Nigerian Stock Exchange that at its Board meeting held on Friday, January 29, 2016  resulted to approval of the appointment of Mrs. Omobola…

Stocks Shed N234billion in New Trading Week

The Nigerian stock market maintained its southward movement on Monday, January 11, as investors dumped equities in search of safe haven. However, the NSE All Share Index slid by 678.21 points or 2.51 per cent to close at 26,350.18 basis points, compared with the 0.87 per cent depreciation recorded previously. Equities value at the end of…

Vitafoam to splashes N245.7m cash dividend on its esteem shareholders

The management of Vitafoam Nig plc has agreed 25 kobo per share as dividend value at N245,700.000.00 for entire shareholders on March 14, 2016. The board of directors released its financial statements for the year ended September 30, 2015 shown appreciable revenue of N17,185,741 compared to N16,712,922 in 2014. However, the profit after tax for…