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Investdata Corporate Actions As At Week Ended August 24, 2018
Photo credit: entrepreneurfail According to research, very few people are successful at anything at first. I included. The reason only a tiny percentage of the population achieves any significant success or wealth through stock is that few are willing to go through the process of what it takes to achieve in the stock market, and there is no shortcut. In fact, everybody has to go through four levels of learning every single time, and often, in the process - fail, regroup and begin again. Most people blame others like government policies, currency fluctuation, political instability, the election for stopping their progress, but in truth, there's only one person who can put on the parking break and that person is YOU. Furthermore, many people drive around with the break on without knowing it, or once awareness arrives, don't know how to lif...
Market Update for the Week Ended July 23 and Outlook for July 26-30 NGX Indexes were up over the past trading week, despite the two days Salah holiday, as earnings reports season commenced fully with more impressive numbers emanated from different sectors and companies on the exchange. This, expectedly, boosted market sentiment, as it turned positive, with improved liquidity and activities that impacted equity prices, halting two consecutive weeks of correction and profit-taking. The recent rekindled buying interests and rally resulted from investors realigning their portfolios among sectors and stocks with high upside potentials, with their expected earnings likely to beat market and analyst expectations. Already, corporate earnings released so far have given insights into what the market and investors should expect, especially with the prevailing mixed and weak macroeconomic indices ahead of next week’s Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) meeting with the ex...
The Nigeria Deposit Insurance Corporation (NDIC), the official Liquidator of the underlisted defunct banks (in-liquidation), hereby notify the general public of the final call for dividend declaration to Depositors of these banks. Depositors who do not establish their claim to the satisfaction of the Director, Claims Resolution Department within 21 days from the date of this publication will have their claims expunged and the Director, Claims Resolution Department shall proceed to make a final dividend payment without regard to such claim. S/N BANK NAME STAKEHOLDER 1 ABC Merchant Bank Limited Depositors 2 Allied Bank of Nigeria Depositors 3 Alpha Merchant Bank Plc Depositors 4 Amicable Bank of Nig. Limited Depositors 5 Commerce Bank Depositors 6 Commercial Trust Bank Limited Depositors 7 Continental Merchant Bank Plc Depositors 8 Cooperative & Commerce Bank plc Depositors 9 Eagle Bank Depositors 10 Financial Merchant Bank Limited Depositors 11 Icon Limited (Merchant Bank) Dep...
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