Corporate Actions As At Week Ended November 16, 2018

-

Comments

Post a Comment

Popular posts from this blog

Wherever You are NOW is Your Decision

-
Image
                                        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...
Read more

FINAL NOTICE TO DEPOSITORS OF TWENTY (20) BANKS (IN-LIQUIDATION)

-
Image
  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...
Read more

Rebound Likely On NGSE, As Investors Position For Q2 Earnings Season

-
Image
Market Update for Week Ended July 13 and Outlook for July 16-20 A deeper look into the performance of Nigeria’s stock market and the happenings in the socio-political environment, particularly the crisis of confidence remains the major driver of the prolonged downturn. This began with profit booking that dovetailed into sell-offs that dominated the markets as revealed by the recent price action in major asset classes, economic data, price movers and volume traded. The two weeks of consecutive decline in the second half of the year, ahead of Q2 earnings reporting season was due to the political tension in the weeks leading to the July 14, 2018 Ekiti State governorship election. Add this to the insecurity in the middle-belt region, where herdsmen are sacking farmers with the government seemingly complacent and helpless. With the Ekiti State governorship election over and Dr. Kayode Fayemi declared duly elected, that of neighbouring Osun State would follow in the coming month, a...
Read more