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Latest News

  • Delisting of Dangote Flourmills Shares
  • Delisting of Dangote Flour Mills Plc from the Daily Official List of The Nigerian Stock Exchange We refer to our Market Bulletin dated Monday, 28 October 2019, with Reference Number: NSE/RD/LRD/MB59/19/10/28, notifying Dealing Members of full suspension of trading in the shares of Dangote Flour Mills Plc (DFM or the Company). The above suspension, was as a result of the approval of the Scheme of Arrangement for the acquisition of the entire issued and fully paid ordinary shares of 50 kobo each in DFM held by Scheme Shareholders by Crown Flour Mills Limited which will ultimately lead to the delisting of Dangote Flour Mill Plc from The Nigerian Stock Exchange (The Exchange). Consequently, Dealing Members are hereby notified that DFM was today, 18 November 2019, delisted from the Daily Official List of The Exchange. This is for your information and records update please. Godstime Iwenekhai Head, Listings Regulation Department
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  • Access Bank Plc 2019 Half Year Result Highlights
  • (IN MILLIONS)IN 2019;Revenue 324,376; Profit Before Tax 74,116; Taxation (11,091); Profit After Tax 63,025; Basic Earning per share 1.94k; Interim Div: 0.25k; Qualification Date: 23rd Sept, 2019; Payment Date: 3rd Oct 2019 while in 2018; Revenue 253,024; Profit Before Tax 45,843; Taxation (6,217); Profit After Tax 39,625; Basic Earning per share 1.38k
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  • Zenith Bank Imterim Dividend
  • Please be informed that the payment date of Zenith Bank Plc interim dividend is now Wednesday 4th September, 2019.
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  • United Bank for Africa Plc 2019 Half Year Result Highlights
  • (IN MILLIONS)IN 2019;Revenue 110,123; Profit Before Tax 70,274; Taxation (13,535); Profit After Tax 56,739; Basic Earning per share 1.62k; Interim Div: 0.20k; Qualification Date: 12 Sept, 2019; Payment Date: 18th Sept 2019 while in 2018; Revenue 111,076; Profit Before Tax 58,140; Taxation (14,348); Profit After Tax 43,792; Basic Earning per share 1.23k
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  • Zenith Bank Plc 2019 Half Year Result Highlights
  • (IN MILLIONS)IN 2019;Revenue 331,586; Profit Before Tax 111,677; Taxation (22,795); Profit After Tax 80,228; Basic Earning per share 2.83k; Interim Div: 0.30k; Qualification Date: 29th Aug 2019; Payment Date: 2nd Sept 2019 while in 2018; Revenue 322,201; Profit Before Tax 107,358; Taxation (25,621); Profit After Tax 81,737; Basic Earning per share 2.60k
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  • Guaranty Trsut Bank Plc 2019 Half Year Result Highlights
  • (IN THOUSANDS)IN 2019;Revenue 96,402,819; Profit Before Tax 97,138,109; Taxation (12,163,470); Profit After Tax 84,974,639; Basic Earning per share 2.89k; Interim Div: 0.30k; Qualification Date: 2nd Sept 2019; Payment Date: 11th Sept 2019 while in 2018; Revenue 101,368,260; Profit Before Tax 96,542,841; Taxation (10,383,488); Profit After Tax 86,159,353; Basic Earning per share 2.93k
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  • United Capital Plc 2019 Half Year Result Highlights
  • (IN THOUSANDS)IN 2019;Revenue 823,539; Profit Before Tax 506,326; Taxation (81,012); Profit After Tax 425,314; Basic Earning per share 0.07k; while in 2018; Revenue 1,168,017; Profit Before Tax 753,505; Taxation (120,561); Profit After Tax 632,944; Basic Earning per share 0.11k
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  • Transcorp Plc 2019 Half Year Result Highlights
  • (IN THOUSANDS)IN 2019;Revenue 17,279,925; Profit Before Tax 5,050,043; Taxation (435,932); Profit After Tax 4,614,111; Basic Earning per share 4.29; while in 2018; Revenue 24,512,625; Profit Before Tax 11,944,070; Taxation (1,068,740); Profit After Tax 10,895,330; Basic Earning per share 11.60k
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  • Mobill/11 Plc 2019 Half Year Result Highlights
  • (IN THOUSANDS)IN 2019;Revenue 92,805,286; Profit Before Tax 6,186,284; Taxation (2,013,104); Profit After Tax 4,173,180; Basic Earning per share 11.57; while in 2018; Revenue 85,910,993; Profit Before Tax 8,059,596; Taxation (2,611,246); Profit After Tax 5,448,350; Basic Earning per share 15.11k
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  • Lafarge 2019 Half Year Result Highlights
  • (IN THOUSANDS)IN 2019;Revenue 40,745,455; Profit Before Tax 9,274,050; Taxation (265,163); Profit After Tax 9,008,887; Basic Earning per share 0.56k; while in 2018; Revenue 38,961,972; Profit Before Tax (6,345,507); Taxation 2,443,220; Profit After Tax (3,902,287); Basic Earning per share (0.45k)
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  • Cadbury 2019 Half Year Result Highlights
  • (IN THOUSANDS)IN 2019;Revenue 19,454,586; Profit Before Tax 957,055; Taxation (287,117); Profit After Tax 669,938; Basic Earning per share 0.36k; while in 2018; Revenue 17,554,457; Profit Before Tax (423,767); Taxation 0.00; Profit After Tax (423,767); Basic Earning per share (0.23k)
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  • Afriprud 2019 Half Year Result Highlights
  • (IN THOUSANDS)IN 2019;Revenue 2,010,280; Profit Before Tax 1,209,853; Taxation (181,806); Profit After Tax 1,028,047; Basic Earning per share 0.51k; while in 2018; Revenue 2,170,877; Profit Before Tax 1,140,949; Taxation (155,645); Profit After Tax 985,304; Basic Earning per share 0.49k
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  • Conoil Dividends
  • Conoil has declared their dividend for the year ended 31st Decemebr, 2018. Dividend: #2.00 Qualification Date: August 2nd 2019, Payment Date: August 23rd 2019.
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  • VAT Deduction on Trades
  • This is to inform you that the Value Added Tax (VAT) exemption on all commissions applicable to capital market transactions hitherto granted by the then Coordinating Minister of the Economy and Honorable Minister of Finance (CME), Dr. Ngozi Okonjo-Iweala CFR, for a period of 5 years effective 25th July 2014, will expire on 24th July 2019. Consequently, barring further extensions from the Federal Government, The Nigerian Stock Exchange (NSE) had notified all Dealing Member Firms to resume the deduction of VAT on all commissions earned on transactions traded on the Floor of The NSE effective 25th July 2019. VAT charged on all commissions applicable to capital market transactions includes commissions: a. earned by Dealing Members on traded values of shares; and b. payable to The Nigerian Stock Exchange (NSE) and the Central Securities Clearing System Plc. (CSCS). This will bring the total charges for selling to 2.120% against the formal; 2.025% and the buying charges to 1.790% against 1.725% Thank you for your continued patronage.
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  • Lafarge Plc 2019 First Quarter Result
  • (IN THOUSANDS)IN 2018;Revenue 17,369,560; Profit Before Tax 1,310,405; Taxation (141,383); Profit After Tax 1,451,788; Basic Earning per share 17.00; while in 2019; Revenue 16,872,877; Profit Before Tax 2,770,777; Taxation (1,673,631); Profit After Tax 4,444,408; Basic Earning per share 28.00
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  • CILeasing Dividends
  • CI Leasing has declared their dividend for the year ended 31st Decemebr, 2018. Dividend: 0.075k Qualification Date: July 12 2019, Payment Date: July 31st 2019.
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  • Presco Plc 2019 First Quarter Result
  • (IN THOUSANDS)IN 2018;Revenue 6,590,222; Profit Before Tax 3,432,396; Taxation (835,177); Profit After Tax 2,597,219; Basic Earning per share 2.60; while in 2019; Revenue 5,506,175; Profit Before Tax 2,576,378; Taxation (435,650); Profit After Tax 2,140,728; Basic Earning per share 2.14,
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  • Forte Oil Special Interim Dividend
  • Forte Oil Plc has announced a special Interim dividend of #1.15 per 50k ordinary shares. Qualification date for the dividend is 3rd June, 2019 while payment Date is 10th June. Payment will be done electronically for all shareholders who have completed their e-mandate process.
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  • MTN List on NSE @ #90
  • MTN Nigeria had completed all the necessary steps required by the exchange for listing, which led to the approval. The company registered 20.35 billion ordinary shares with the Securities and Exchange Commission last week, with about 20 per cent expected to be listed on the Nigerian Stock Exchange. In the first quarter of the year, MTN’s revenue increased by 13.2 per cent year-on-year to N282.0bn in Q1, driven by voice (74.9 per cent), data (16.6 per cent), financial technology (2.9 per cent) and digital (one per cent) revenues. Other sources accounted for 4.5 per cent. The company, barring unforeseen circumstances, would be listing a total of 20,354,513,050 shares at N90 per share on Thursday May 16. MTN Nigeria shares, when listed at N90 per share, would emerge the second largest company on the nation’s bourse after Dangote Cement, with a market capitalisation of N1.83tn. For participation, Kindly get in touch with Sade on our telephone No 0902 665 1249 or pay into our Phronesis Securities Ltd Acct No 1012932554 with Zenith Bank. Thank You.
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  • May 2019 Federal Government Savings Bonds
  • Kindly note that the FGN Savings Bond for May 2019 as published by the Debt Management Office(DMO) is now on for subscription. Summary of May 2019 Offer: Opening Date: Monday 6th May, 2019 Closing Date: Friday 10th May, 2019 Settlement Date: 15th May, 2019 Coupon Payment Date: August 15, November 15, February 15, May 15 Interest Payment: Quarterly interest (coupon) is paid directly into bondholders’ bank accounts Minimum investment offer: #5,000.00 (Five Thousand Naira) in multiples of #1,000 thereafter Maximum investment offer: #50,000,000.00 (Fifty Million Naira only) Tenor and Rate: 2-Year FGN Savings Bond due May 15, 2021: 11.745% per annum 3-Year FGN Savings Bond due May 15, 2022: 12.745% per annum ISSUER: Federal Government of Nigeria (“FGN”) REDEMPTION: Bullet repayment on the maturity date How to Invest Complete Application form (hereby attached). Attachment of cheque for amount to be invested in favor of Phronesis Securities Limited or by transfer into our designated bank account with the following details: Phronesis Securities Ltd Zenith Bank A/c number: 1011846401 NB: Our Zenith account should be funded latest by close of work of Thursday 9th May, 2019. For further enquiries, please contact Sade on falo@phronesissecuritiesltd.net or call 08034119054/08023131727.
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  • First City Monument Bank Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 2,529,399; Profit Before Tax 1,540,219; Taxation (15,333); Profit After Tax 1,524,886; Basic Earning per share 0.08; while in 2018; Revenue 4,809,316; Profit Before Tax 3,675,692; Taxation (16,198); Profit After Tax 3,552,392; Basic Earning per share 0.18, Dividend Declared:#0.14, Qualification Date:April 11th 2019, Payment Date:April 29th 2019.
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  • Dangote Sugar Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 52,538,478; Profit Before Tax 54,882,983; Taxation (17,060,374); Profit After Tax 37,822,609; Basic Earning per share 3.15; while in 2018; Revenue 41,959,198; Profit Before Tax 38,455,530; Taxation 12,624,589; Profit After Tax 25,830,941; Basic Earning per share 2.15, Dividend Declared:#1.10, Qualification Date:May 31st 2019, Payment Date:June 19th 2019.
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  • Custodian Investments Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 4,455,097; Profit Before Tax 4,123,565; Taxation (459,234); Profit After Tax 3,664,331; Basic Earning per share 0.62; while in 2018; Revenue 5,262,492; Profit Before Tax 4,821,499; Taxation (970,368); Profit After Tax 3,851,131; Basic Earning per share 0.65, Dividend Declared:#0.35, Qualification Date:April 11th 2019, Payment Date:April 24th 2019.
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  • Caverton Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 1,188,000; Profit Before Tax 1,002,710; Taxation (25,669); Profit After Tax 977,041; Basic Earning per share 0.29; while in 2018; Revenue 1,188,000; Profit Before Tax 1,004,058; Taxation (274,100); Profit After Tax 1,278,158; Basic Earning per share 0.38, Dividend Declared:#0.25, Qualification Date:May 7th 2019, Payment Date:May 21st 2019.
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  • Capital Hotel Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 1,214,973; Profit Before Tax 780,510; Taxation (155,396); Profit After Tax 935,906; Basic Earning per share 0.60; while in 2018; Revenue 1,107,704; Profit Before Tax 507,781; Taxation (127,835); Profit After Tax 379,946; Basic Earning per share 0.25, Dividend Declared:#0.05, Qualification Date:April 23rd 2019, Payment Date:May 9th 2019.
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  • Fidelity Bank Plc Financial Result 2018
  • (IN MILLIONS)IN 2017;Revenue 180,244; Profit Before Tax 19,213; Taxation (1,445); Profit After Tax 17,768; Basic Earning per share 61.35; while in 2018; Revenue 188,873; Profit Before Tax 25,089; Taxation (2,163); Profit After Tax 22,926; Basic Earning per share 79.16, Dividend Declared:#0.11, Qualification Date:April 12th 2019, Payment Date:April 26th 2019.
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  • Cement Company of Northern Nigerian Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 7,748,715; Profit Before Tax 4,203,154; Taxation (979,300); Profit After Tax 3,223,854; Basic Earning per share 2.57; while in 2018; Revenue 14,210,946; Profit Before Tax 7,591,667; Taxation (1,860,347); Profit After Tax 5,731,321; Basic Earning per share 0.44, Dividend Declared:#0.40, Qualification Date:July 1st 2019, Payment Date:July 26th 2019.
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  • Betaglas Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 5,247,863; Profit Before Tax 5,854,740; Taxation (1,739,598); Profit After Tax 4,115,142; Basic Earning per share 8.23; while in 2018; Revenue 6,380,639; Profit Before Tax 7,188,181; Taxation (2,135,376); Profit After Tax 5,052,805; Basic Earning per share 10.11, Dividend Declared:#1.30, Qualification Date:June 14th 2019, Payment Date:July 5th 2019.
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  • Unilever Nig. Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 27,514,236; Profit Before Tax 10,595,995; Taxation (3,526,251); Profit After Tax 7,450,085; Basic Earning per share 1.78; while in 2018; Revenue 28,225,122; Profit Before Tax 12,621,908; Taxation (3,489,756); Profit After Tax 10,552,140; Basic Earning per share 1.84, Dividend Declared:#1.50, Qualification Date:April 5th 2019, Payment Date:May 10th 2019.
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  • WemaBank Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 19,774,759; Profit Before Tax 3,054,873; Taxation (753,715); Profit After Tax 2,301,158; Basic Earning per share 6.00; while in 2018; Revenue 27,015,188; Profit Before Tax 4,830,549; Taxation (1,471,290); Profit After Tax 3,359,259; Basic Earning per share 8.60, Dividend Declared:#0.03, Qualification Date:April 26th 2019, Payment Date:May 13th 2019.
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  • Okomu Oil Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 20,261,918; Profit Before Tax 11,140,142; Taxation (1,825,820); Profit After Tax 9,314,322; Basic Earning per share 9.76; while in 2018; Revenue 20,257,669; Profit Before Tax 10,337,171; Taxation (1,835,322); Profit After Tax 8,501,849; Basic Earning per share 8.91, Dividend Declared:#3.00, Qualification Date:May 13th 2019, Payment Date:June 25th 2019.
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  • May & Baker Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 3,186,824; Profit Before Tax 861,144; Taxation (234,757); Profit After Tax 336,619; Basic Earning per share (29.57); while in 2018; Revenue 3,163,187; Profit Before Tax 817,912; Taxation (475,226); Profit After Tax 585,200; Basic Earning per share 24.75, Dividend Declared:#0.2, Qualification Date:April 19th 2019, Payment Date:June 3rd 2019.
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  • UACN Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 89,178,082; Profit Before Tax 3,246,120; Taxation (1,921,733); Profit After Tax 1,324,387; Basic Earning per share 0.5; while in 2018; Revenue 78,744,081; Profit Before Tax (5,512,401); Taxation (3,959,969); Profit After Tax (9,472,370); Basic Earning per share (2.11), Dividend Declared:#0.64, Qualification Date:May 20th 2019, Payment Date:June 27th 2019.
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  • CAP Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 7,113,950; Profit Before Tax 2,181,711; Taxation (682,981); Profit After Tax 1,498,730; Basic Earning per share 2.14; while in 2018; Revenue 7,764,534; Profit Before Tax 2,597,832; Taxation (568,489); Profit After Tax 2,029,343; Basic Earning per share 2.90, Dividend Declared:#2.50, Qualification Date:May 24th 2019, Payment Date:June 21st 2019.
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  • Berger Paint Nig. Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 1,171,984; Profit Before Tax 339,456; Taxation (93,180); Profit After Tax 246,276; Basic Earning per share 0.85; while in 2018; Revenue 1,480,361; Profit Before Tax 454,328; Taxation (133,819); Profit After Tax 320,509; Basic Earning per share 1.11, Dividend Declared:#0.65, Qualification Date:April 26th 2019, Payment Date:May 24th 2019.
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  • Nascon Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 27,064,325; Profit Before Tax 7,909,488; Taxation (2,565,896); Profit After Tax 5,343,592; Basic Earning per share 2.02; while in 2018; Revenue 25,769,352; Profit Before Tax 6,449,385; Taxation (2,029,168); Profit After Tax 4,420,217; Basic Earning per share 1.67, Dividend Declared:#1.00, Qualification Date:May 30 2019, Payment Date:June 17th 2019.
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  • Julius Berger Nig. Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 141,890,498; Profit Before Tax 3,739,140; Taxation (1,221,628); Profit After Tax 2,517,512; Basic Earning per share 3.61; while in 2018; Revenue 194,617,712; Profit Before Tax 10,197,667; Taxation (4,095,852); Profit After Tax 6,101,815; Basic Earning per share 5.30, Dividend Declared:#2.00, Qualification Date:May 31st 2019, Payment Date:June 21st 2019.
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  • Cadbury Nig. Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 7,435,134; Profit Before Tax 350,317; Taxation (50,319); Profit After Tax 299,998; Basic Earning per share 0.16; while in 2018; Revenue 7,956,066; Profit Before Tax 1,222,831; Taxation (399,746); Profit After Tax 823,085; Basic Earning per share 0.44, Dividend Declared:#0.25, Qualification Date:May 17th 2019, Payment Date:June 19th 2019.
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  • Mobil/11 Oil Nig Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 125,257,109; Profit Before Tax 13,366,905; Taxation (3,619,153); Profit After Tax 7,518,733; Basic Earning per share 20.85; while in 2018; Revenue 164,609,535; Profit Before Tax 13,695,459; Taxation (4,366,524); Profit After Tax 9,328,935; Basic Earning per share 25.87, Dividend Declared:#8.25, Qualification Date: May 2nd, Payment Date:May 17th 2019.
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  • Access Bank Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 459,075,779; Profit Before Tax 78,169,119; Taxation (18,081,628); Profit After Tax 60,087,491; Basic Earning per share 2.11; while in 2018; Revenue 528,744,579; Profit Before Tax 103,187,703; Taxation (8,206,617); Profit After Tax 94,981,086; Basic Earning per share 3.31, Dividend Declared:#0.25, Qualification Date: April 11th, Payment Date:April 25th 2019.
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  • United Bank For Africa Plc Financial Result 2018
  • (IN MILLIONS)IN 2017;Revenue 207,632; Profit Before Tax 104,222; Taxation (26,674); Profit After Tax 77,548; Basic Earning per share 2.19; while in 2018; Revenue 205,646; Profit Before Tax 106,766; Taxation (28,159); Profit After Tax 78,607; Basic Earning per share 2.20, Dividend Declared:#0.65, Qualification Date: April 2nd, Payment Date:April 23rd 2019.
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  • Seplat Petroleum Development Company Plc Financial Result 2018
  • (IN MILLIONS)IN 2017;Revenue 64,867; Profit Before Tax 13,454; Taxation (67,657); Profit After Tax 81,111; Basic Earning per share 143.96; while in 2018; Revenue 119,750; Profit Before Tax 80,615; Taxation (35,748); Profit After Tax 44,867; Basic Earning per share 79.04, Dividend Declared:#18.00, Qualification Date: March 20th, Payment Date:May 23rd 2019.
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  • Stanbic IBTC Holding Plc Financial Result 2018
  • (IN MILLIONS)IN 2017;Revenue 212,434; Profit Before Tax 61,166; Taxation (12,785); Profit After Tax 48,381; Basic Earning per share 4.60; while in 2018; Revenue 222,360; Profit Before Tax 88,152; Taxation (13,712); Profit After Tax 74,440; Basic Earning per share 7.04, Dividend Declared:#1.50, Qualification Date: March 20th, Payment Date:June 20th 2019.
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  • Nestle Nigeria Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 244,151,411; Profit Before Tax 46,828,682; Taxation (13,104,952); Profit After Tax 33,723,730; Basic Earning per share 42.55; while in 2018; Revenue 266,274,621; Profit Before Tax 59,750,846; Taxation (16,742,820); Profit After Tax 43,008,026; Basic Earning per share 54.26, Dividend Declared:#38.50, Qualification Date: May 10th 2019, Payment Date: May 29th 2019
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  • Transcorp Hotel Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 9,524,493; Profit Before Tax 3,608,645; Taxation (968,648); Profit After Tax 2,639,997; Basic Earning per share 0.35; while in 2018; Revenue 12,241,933; Profit Before Tax 5,187,367; Taxation (1,311,067); Profit After Tax 3,876,300; Basic Earning per share 0.51, Dividend Declared:#0.15, Qualification Date: February 27th 2019, Payment Date: March 19th 2019
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  • United Capital Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 4,881,934; Profit Before Tax 3,876,080; Taxation (401,757); Profit After Tax 3,474,323; Basic Earning per share 0.58; while in 2018; Revenue 3,988,933; Profit Before Tax 3,292,499; Taxation (588,796); Profit After Tax 2,703,703; Basic Earning per share 0.45, Dividend Declared:#0.30, Qualification Date: March 13th, Payment Date: April 2nd 2019.
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  • Dangote Cement Plc Financial Result 2018
  • (IN MILLIONS)IN 2017;Revenue 448,013; Profit Before Tax 392,223; Taxation 89,233; Profit After Tax 481,456; Basic Earning per share 28.25; while in 2018; Revenue 517,902; Profit Before Tax 300,806; Taxation 89,519; Profit After Tax 390,325; Basic Earning per share 22.83, Dividend Declared:#16.00, Qualification Date: June 3rd, Payment Date: June 18th 2019.
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  • Africa Prudential Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 3,315,816; Profit Before Tax 2,066,894; Taxation (352,116); Profit After Tax 1,714,778; Basic Earning per share 0.86; while in 2018; Revenue 4,485,567; Profit Before Tax 2,394,739; Taxation (441,839); Profit After Tax 1,952,900; Basic Earning per share 0.98, Dividend Declared:#0.50, Qualification Date: March 13th, Payment Date: March 26th 2019.
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  • Stanbic IBTC Holding Plc Financial Result 2018
  • (IN MILLIONS)IN 2017;Revenue 212,434; Profit Before Tax 61,166; Taxation (12,785); Profit After Tax 48,381; Basic Earning per share 4.60; while in 2018; Revenue 222,360; Profit Before Tax 88,152; Taxation (13,712); Profit After Tax 74,440; Basic Earning per share 7.04, Dividend Declared:#1.50, Qualification Date: March 20th, Payment Date: May 20th 2019.
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  • Guaranty Trust Bank Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 419,226,271; Profit Before Tax 197,685,045; Taxation (29,772,387); Profit After Tax 167,912,658; Basic Earning per share 5.94; while in 2018; Revenue 434,698,969; Profit Before Tax 215,586,770; Taxation (30,947,176); Profit After Tax 184,639,594; Basic Earning per share 6.54, Dividend Declared:#2.45, Qualification Date: April 8th, Payment Date: April 18th 2019.
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  • Nigerian Breweries Plc Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 143,492,580; Profit Before Tax 46,630,058; Taxation (13,581,499); Profit After Tax 33,048,559; Basic Earning per share 4.13; while in 2018; Revenue 126,903,806; Profit Before Tax 29,421,952; Taxation (9,984,008); Profit After Tax 19,437,944; Basic Earning per share 2.43, Dividend Declared:#1.83, Qualification Date: March 6th 2019, Payment Date: May 20th 2019.
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  • Zenith Bank Plc Financial Result 2018
  • (IN MILLION)IN 2017;Revenue 745,189; Profit Before Tax 199,319 ; Taxation (25,528); Profit After Tax 173,791; Basic Earning per share 5.53; while in 2018; Revenue 630,344; Profit Before Tax 231,685; Taxation (38,261); Profit After Tax 193,424; Basic Earning per share 6.15, Dividend Declared:#2.50, Qualification Date: March 8th 2019, Payment Date: March 19th 2019.
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  • Lafarge Announcement of Opening & Closure Dates of Rights Issue
  • Lafarge Africa Plc (“Lafarge Africa”) hereby notifies The Nigerian Stock Exchange of the clearance by The Securities and Exchange Commission (SEC) to open its announced N89.2 billion Rights Issue. The offer opens on Monday 17th December, 2018 and will close on Wednesday 23rd January, 2019. Lafarge Africa will raise N89.2 billion by way of a Rights Issue of 7,434,367,256 shares at N12.00 per share, by issuing 6 new shares for every 7 shares held by shareholders as at 4th December, 2018 which is the Qualification Date.
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  • DIAMOND STATEMENT REGARDING SCHEME TO MERGE WITH ACCESS BANK
  • The Board of Diamond Bank Plc (“Diamond Bank”) today announces that following a strategic review leading to a competitive process, the Board has selected Access Bank Plc (“Access Bank”) as the preferred bidder with respect to a potential merger of the two banks (“the merger”) that will create Nigeria and Africa’s largest retail bank by customers. The Board of Diamond Bank believes that the merger is in the best interest of all stakeholders including, employees, customers, depositors and shareholders and has agreed to recommend the offer to Diamond Bank’s shareholders. Completion of the merger is subject to certain shareholder and regulatory approvals. The proposed merger would involve Access Bank acquiring the entire issued share capital of Diamond Bank in exchange for a combination of cash and shares in Access Bank via a Scheme of Merger. Based on the agreement reached by the Boards of the two financial institutions, Diamond Bank shareholders will receive a consideration of N3.13 per share, comprising of N1.00 per share in cash and the allotment of two (2) New Access Bank ordinary shares for every seven (7) Diamond Bank ordinary shares held as at the Implementation Date. The offer represents a premium of 260% to the closing market price of N0.87 per share of Diamond Bank on the Nigerian Stock Exchange (“NSE”) as of December 13, 2018, the date of the final binding offer. Immediately following completion of the merger, Diamond Bank would be absorbed into Access Bank and it will cease to exist under Nigerian law. The current listing of Diamond Bank’s shares on the NSE and the listing of Diamond Bank’s global depositary receipts on the London Stock Exchange will be cancelled, upon the merger becoming effective. Diamond Bank expects the transaction to be completed in the first half of 2019. We will keep the market updated with any new development.
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  • C&I Leasing Plc - Proposed Share Capital Reconstruction
  • C & I Leasing Plc (C & I Leasing or the Company) has through its Stockbroker; Cordros Capital Limited, notified The Nigerian Stock Exchange of the share capital reconstruction of the Company as shown below : Basis: four (4) Ordinary shares will be consolidated into one (1) new ordinary share. The qualification date for the share reconstruction shall be Wednesday, 12 December 2018. Please note that according to the Company, all existing C & I Leasing shares certificates will become null and void on the qualification date and new share certificates in C & I Leasing will be issued to those shareholders whose names appear on the Company’s Register of members as at the close of business on the qualification date as approved by the Court
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  • LAFARGE AFRICA PLC PROPOSED RIGHTS ISSUE
  • Lafarge Africa Plc (“Lafarge Africa”) hereby notifies The Nigerian Stock Exchange of the decision of the Board of Directors at the meeting held yesterday, 3rd December 2018 in respect of the proposed Rights Issue. Following the resolution of our Shareholders passed at the Extra-Ordinary General Meeting held on the 25th September 2018, the Board of Directors have approved the terms of the Rights Issue. Lafarge Africa Plc will raise N89.21billion by way of a Rights Issue at N12.00 per share, by issuing 6 new shares for every 7 shares held by shareholders at the Qualification Date, which will be announced. The Rights Price represents a c.10.45% discount on Lafarge Africa’s traded closing price as at Monday, 3rd December 2018. The regulatory approval process is ongoing.
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  • Skyway Aviation Handling Company - Initial Public Offering
  • Dealing Members are hereby notified that Skyway Aviation Handling Company Plc’s Initial Public Offering by way of an Offer for sale of 406,074,000 ordinary shares of 50 kobo each at N4.65 per share will be opened for subscription as shown below: Offer opens: Monday, 12 November 2018 Offer Closes: Wednesday, 19 December 2018 This is for your information and necessary action, please.
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  • MAY & BAKER NIGERIA PLC RIGHTS 2018
  • Right Issue of 980,000,000 Ordinary Shares of 50kobo each at #2.50 per share on the basis of 1 New Ordinary Shares for every 1 Ordinary Share held as at the close of business on 4th September 2018. Payable in full on Acceptance Acceptance List opens : 22nd October,2018 Acceptance List Closes: 28th November,2018
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  • Zenith Bank Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 478,931; Profit Before Tax 135,174; Taxation (17,873); Profit After Tax 117,301; Basic Earning per share 3.74; while in 2018; Revenue 409,174; Profit Before Tax 139,642; Taxation (18,309); Profit After Tax 121,333; Basic Earning per share 3.86
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  • UBA Plc Nine Months Financial Result 2018
  • (IN MILLIONS)IN 2017;Revenue 152,297; Profit Before Tax 78,325; Taxation (17,405); Profit After Tax 60,920; Basic Earning per share 1.74; while in 2018; Revenue 150,698; Profit Before Tax 79,111; Taxation (17,413); Profit After Tax 61,698; Basic Earning per share 1.72
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  • UACN Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 11,596,324; Profit Before Tax 3,112,687; Taxation (881,297); Profit After Tax 1,975,778; Basic Earning per share 0.92; while in 2018; Revenue 10,734,918; Profit Before Tax 483,212; Taxation (135,299); Profit After Tax 252,409; Basic Earning per share 0.04
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  • Nigeria Breweries Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue (IN THOUSANDS)IN 2017;Revenue 10,544,290; Profit Before Tax 6,826,796; Taxation (2,233,228); Profit After Tax 4,593,568; Basic Earning per share 12.74; while in 2018; Revenue 12,780,338; Profit Before Tax 11,646,326; Taxation (3,775,192); Profit After Tax 7,871,134; Basic Earning per share 21.83; Profit Before Tax 34,427,787; Taxation (10,416,863); Profit After Tax 24,070,924; Basic Earning per share 3.00; while in 2018; Revenue 94,715,481; Profit Before Tax 22,474,305; Taxation (7,684,630); Profit After Tax 14,789,675; Basic Earning per share 1.85; Div 0.60; Qual. date 22nd Nov 2018; Pay date 10th Dec 2018
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  • Mobil Oil Nig. Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 10,544,290; Profit Before Tax 6,826,796; Taxation (2,233,228); Profit After Tax 4,593,568; Basic Earning per share 12.74; while in 2018; Revenue 12,780,338; Profit Before Tax 11,646,326; Taxation (3,775,192); Profit After Tax 7,871,134; Basic Earning per share 21.83
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  • Forte Oil Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 7,388,659; Profit Before Tax (474,611); Taxation (151,444); Profit After Tax (626,055); Basic Earning per share 0.5; while in 2018; Revenue 8,458,323; Profit Before Tax 375,890; Taxation (297,156); Profit After Tax 78,734; Basic Earning per share 1.72
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  • Total Nigeria Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 221,198,303; Profit Before Tax 9,678,190; Taxation (3,721,847); Profit After Tax 5,956,343; Basic Earning per share 17.54; Div 0.00 while in 2018; Revenue 226,914,921; Profit Before Tax 11,439,673; Taxation (3,773,980); Profit After Tax 7,665,693; Basic Earning per share 22.58; Div 3.00; Qual. date 23rd Nov 2018; Pay date 10th Dec 2018
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  • Nestle Nigeria Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 75,880,507, Profit Before Tax 34,479,021, Taxation (11,499,031), Profit After Tax 22,979,990, Basic Earning per share 8.11, Div 15.00 while in 2018; Revenue 86,149,964, Profit Before Tax 48,088,551, Taxation (14,970,265),Profit After Tax 33,118,286, Basic Earning per share 14.71; Div 20.00; Qual. date 23rd Nov 2018, Pay date 10th Dec 2018
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  • Lafarge Africa Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 57,911,379, Profit Before Tax 1,093,559, Taxation (155,654), Profit After Tax 937,905, Basic Earning per share 10 while in 2018; Revenue 56,094,904, Profit Before Tax (14,360,678), Taxation 3,987,654,Profit After Tax (10,373,024), Basic Earning per share (120.00)
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  • Guinness Nigeria Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 10,372,396, Profit Before Tax 41,396, Taxation (0), Profit After Tax 41,396, Basic Earning per share 0.03 while in 2018; Revenue 9,108,985, Profit Before Tax 1,228,905, Taxation (393,249),Profit After Tax 835,656, Basic Earning per share 0.38
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  • Guaranty Trust Bank Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 189,566,245, Profit Before Tax 150,032,641, Taxation (24,454,821), Profit After Tax 125,577,820, Basic Earning per share 4.44 while in 2018; Revenue 170,641,655, Profit Before Tax 164,245,747, Taxation (22,022,219),Profit After Tax 142,223,528, Basic Earning per share 5.03
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  • First Bank of Nig. Holdings Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 254,345, Profit Before Tax 55,433, Taxation (9,594), Profit After Tax 45,002, Basic Earning per share 1.25 while in 2018; Revenue 221,526, Profit Before Tax 51,340, Taxation (6,393),Profit After Tax 44,897, Basic Earning per share 1.22
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  • Ecobank Transactional Incorporated Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 564,724,891, Profit Before Tax 69,407,375, Taxation (11,452,578), Profit After Tax 57,954,797, Basic Earning per share 2.01 while in 2018; Revenue 572,657,907, Profit Before Tax 96,321,169, Taxation (20,603,563),Profit After Tax 75,717,606, Basic Earning per share 2.46
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  • Diamond Bank Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 143,653,208, Profit Before Tax 4,780,639, Taxation (759,946), Profit After Tax 3,901,671, Basic Earning per share 0.14 while in 2018; Revenue 142,538,057, Profit Before Tax 3,084,758, Taxation (505,224),Profit After Tax 1,654,294, Basic Earning per share 0.07
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  • Dangote Flour Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 41,475,343, Profit Before Tax 39,251,478, Taxation (12,731,790), Profit After Tax 26,519,687, Basic Earning per share 1.43 while in 2018; Revenue 30,085,721, Profit Before Tax 26,207,150, Taxation (9,497,550),Profit After Tax 16,709,600, Basic Earning per share 1.41
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  • Dangote Flour Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 23,237,518, Profit Before Tax 18,009,621, Taxation (4,956,769), Profit After Tax 13,052,852, Basic Earning per share 255.01 while in 2018; Revenue 11,470,356, Profit Before Tax 4,449,933, Taxation (1,187,587),Profit After Tax 3,262,346, Basic Earning per share 65.26
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  • Dangote Cement Plc Nine Months Financial Result 2018
  • (IN MILLION)IN 2017;Revenue 343,721, Profit Before Tax 220,182, Taxation (66,060), Profit After Tax 154,122, Basic Earning per share 9.01 while in 2018; Revenue 397,608, Profit Before Tax 247,364, Taxation (89,087),Profit After Tax 158,277, Basic Earning per share 9.25
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  • Conoil Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 10,567,153, Profit Before Tax 2,026,868, Taxation (668,867), Profit After Tax 1,358,001, Basic Earning per share 1.96 while in 2018; Revenue 10,488,007, Profit Before Tax 2,267,820, Taxation (680,347),Profit After Tax 1,587,474, Basic Earning per share 2.29
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  • Cadbury Nig. Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 5,427,746, Profit Before Tax (64,454), Taxation , Profit After Tax (64,454), Basic Earning per share (0.03) while in 2018; Revenue 5,305,895, Profit Before Tax 252,793, Taxation (80,841),Profit After Tax 171,951, Basic Earning per share 0.09
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  • Beta Glas Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 3,227,663, Profit Before Tax 3,289,267, Taxation (1,052,565), Profit After Tax 2,236,702, Basic Earning per share 4.47 while in 2018; Revenue 4,660,349, Profit Before Tax 5,194,795, Taxation (1,662,334),Profit After Tax 3,532,461, Basic Earning per share 7.07.
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  • African Prudential Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 2,271,021, Profit Before Tax 1,452,724, Taxation (144,100), Profit After Tax 1,308,624, Basic Earning per share 0.65 while in 2018; Revenue 2,582,249, Profit Before Tax 1,619,395, Taxation (273,737),Profit After Tax 1,345,658, Basic Earning per share 0.67.
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  • Access Bank Plc Nine Months Financial Result 2018
  • (IN THOUSANDS)IN 2017;Revenue 100,516,639, Profit Before Tax 62,806,518, Taxation (15,143,908), Profit After Tax 47,662,610, Basic Earning per share 1.65 while in 2018; Revenue 91,623,852, Profit Before Tax 47,582,703, Taxation (5,110,382),Profit After Tax 42,472,320, Basic Earning per share 1.47.
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  • Notification of Lifting of Suspension Placed on the Trading in the Shares of Unity Bank Plc
  • We refer to our Market Bulletin dated 1 November 2018 notifying the public of the suspension of six (6) listed companies for non-compliance with Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers’ Rules) (“Default Filing Rules”), which provides that; “If an Issuer fails to file the relevant accounts by the expiration of the Cure Period, The Exchange will: (a) Send to the Issuer a “Second Filing Deficiency Notification” within two (2) business days after the end of the Cure Period; (b) Suspend trading in the Issuer’s securities; and (c) Notify the Securities and Exchange Commission (SEC) and the Market within twenty- four (24) hours of the suspension.” Unity Bank Plc (the Company) which was amongst the companies suspended has submitted its outstanding Audited and Interim Financial Statements to The Exchange. In view of the submission of the Company’s accounts and pursuant to Rule 3.3 of the Default Filing Rules, which provides that; “The suspension of trading in the issuer’s securities shall be lifted upon submission of the relevant accounts provided The Exchange is satisfied that the accounts comply with all applicable rules of The Exchange. The Exchange shall thereafter also announce through the medium by which the public and the SEC was initially notified of the suspension”; the general public is hereby notified that the suspension placed in the trading of the Bank’s shares was lifted today, 2 November 2018.
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  • Notification of Suspension of Six (6) Listed Companies
  • Dealing members are hereby notified that pursuant to Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers’ Rules) (“Default Filing Rules”), which provides that; “If an Issuer fails to file the relevant accounts by the expiration of the Cure Period, The Exchange will: (a) Send to the Issuer a “Second Filing Deficiency Notification” within two (2) business days after the end of the Cure Period; (b) Suspend trading in the Issuer’s securities; and (c) Notify the Securities and Exchange Commission (SEC) and the Market within twenty- four (24) hours of the suspension”, the shares of the six (6) under listed companies have been suspended from trading via the facilities of The Exchange, effective today, 1 November 2018. 1. Unity Bank Plc 2. Fortis Microfinance Bank Plc 3. Thomas Wyatt Nigeria Plc 4. Multi-Trex Intergrated Foods Plc 5. Golden Guinea Breweries Plc 6. Deap Capital Management & Trust Plc In accordance with the rules set forth above, the suspension of the above listed companies will only be lifted upon the submission of the relevant accounts and provided The Exchange is satisfied that the accounts comply with all applicable rules of The Exchange.
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  • NOTIFICATION OF SUSPENSION OF TRADING IN THE SHARES OF EIGHT (8) LISTED COMPANIES
  • Dear Esteemed Client, Please be notified of the suspension of trading in the shares of the companies listed below effective 5TH July 2018: 1) African Alliance Insurance Plc 2) Cornerstone Insurance Plc 3) R. T. Briscoe Plc 4) Royal Exchange Plc 5) STACO Insurance Plc 6) Standard Alliance Insurance Plc 7) Universal Insurance Company Plc 8) Veritas Kapital Assurance Plc The suspension of the above listed companies will only be lifted upon the submission of the relevant accounts and provided The Exchange is satisfied that the accounts comply with all applicable rules of The Exchange. Thank you.
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  • NEW MARKET STRUCURE
  • The Nigerian Stock Exchange has affected a new market structure from this month of July,in order to achieve a more transparent pricing of securities. This is to: 1. boost activity across all trading session 2. ensure market protection against extreme volatility 3. promote fairness among all market participants. With this change the band limit of stock trading per day has been increased to about 20% from the previous 10%. This means a stock can lose 10% at the beginning of trading and close 20% up by the end of trading session. Likewise a stock gaining 10% up at the beginning of trading can lose around 20% after trading. Kindly be guided.
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Contact
Phronesis Securities Limited
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Lagos Island Off Broad Street (Turning by Mr Biggs)
Tel: 09026651249, 08023131727, 08034119054
Email: info@phronesissecuritiesltd.net
Web: www.phronesissecuritiesltd.net
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13.0 TRILLION  26,938.58 0.02%
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