Another Way to Look at NSE 30

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Morning Beats

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NCC: MTN pays N165b out of N330b fine The Nigerian Communications Commission (NCC) yesterday said telecoms giant, MTN, has paid N165billion out of the N330 billion fine slammed on it in 2015 for subscriber identity module (SIM) registration infractions. The Nation PMI rises to 58.8 in March The Purchasing Managers’ Index (PMI) report released by Stanbic IBTC Bank Nigeria has shown that private sector business conditions improved at an unparalleled rate in March. This was led by record growth in new orders, employment and stocks of purchases. The Nation Shell’s divestments hit $22.3b in two years Royal Dutch Shell said it has completed divestments worth around $22.3 billion over the period 2016-2017 out of its three-year (2016-2018) $30 billion divestment programme. The Nation BOA, SunTrust Bank seal MoU agric deal As part of efforts at revitalising agriculture as alternative mainstay of the economy, the Bank of Agriculture (BoA) and SunTrust Bank yesterday in Ab...
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Morning Beats

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Nigeria adds to $42.6tr new market bank assets Global Progress Report on Sustainable Banking Network says Nigeria remains a major contributor to the $42.6 trillion bank assets by 34 emerging markets countries. The Nation CCNN to pay N1.57b dividend as net profit rises by 157% The board of directors of Cement Company of Northern Nigeria (CCNN) Plc has earmarked N1.57 billion for distribution to shareholders as cash dividend for the 2017 business year as the cement manufacturing company grew its net profit by 157 per cent. The Nation Cellulant gets CBN’s payment approval The Central Bank of Nigeria (CBN) has issued an approval in principle to Cellulant Nigeria Limited to operate as a Payment Solution Service Provider in Nigeria having satisfied the stringent requirements of the CBN. The Nation Oil prices near $70 on lowering U.S drilling Oil prices have been lifted by a drop in United States (U.S.) drilling activity as well as by expectations that the country coul...
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Fidson Healthcare Plc 2016 Financial Summary

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Principal Activities The principal activities of the Company are the manufacture and distribution of pharmaceutical products. The company commenced local manufacturing of pharmaceutical products in July 2002 Legal Form The company operated as a Private Limited Liability Company until June 5, 2008 when it was registered as a Public Limited Liability Company. The shares are currently quoted on the Nigerian Stock Exchange. Major Shareholders Dr. Fidelis Ayebae                           29.77% Glorious Haven Ltd                           5.74% Stanbic Nominee                              5.67% CSP Nominee                                   12.91% 12 Months Rep...
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