gti

338 posts

  • Oil crash may warrant production halt, says NNPC

    3 Views Nigeria has not stopped producing crude oil but a persistent crash in oil prices may lead to a halt in production, the Nigerian National Petroleum Corporation has declared. On Tuesday, global oil price benchmark, amid the demand collapse caused by reduced economic activities, Brent, against which Nigeria’s crude oil is priced, fell by […]
  • NCDMB cuts loan interest rate, extends tenor

    18 Views The Nigerian Content Development and Monitoring Board says it has rolled out fresh palliatives for beneficiaries of loans under the Nigerian Content Intervention Fund in a bid to spur business continuity in the oil and gas sector. The NCDMB said it had reduced the interest rate from eight to six per cent per […]
  • WEMA Bank profit grows by 40 per cent

    21 Views WEMA Bank Plc says its profit before tax rose by 40.83 per cent year on year to N6.76bn in 2019 from N4.80bn in 2018. A statement from the bank on its audited results for year ended December 31, 2019 showed that its profit after tax rose by 56.16 per cent to N5.20bn in […]Read More
  • Oil rises for second day as producers trim output to respond to demand loss

    17 Views Oil extended gains on Thursday amid signs that producers are cutting production to cope with a collapse in demand for fuel as the coronavirus outbreak ravages the world’s economies. Brent crude LCOc1 was up 33 cents, or 1.6%, at $20.70 a barrel by 0254 GMT after rising more than 5% on Wednesday. U.S. […]
  • Dollar up against commodity currencies but oil rebound tempers safety bid

    18 Views The dollar edged higher against the currencies of oil producers on Thursday as a rebound in crude prices from an unprecedented collapse only partially calmed markets unnerved by the massive coronavirus-led drop in global demand. The euro held steady against the greenback and the pound ahead a of meeting of European Union officials […]
  • Asia stocks pull ahead on U.S. stimulus, oil rebound

    19 Views Asian stock markets rose on Thursday as the combination of a rebound in crude prices from historic lows and the promise of more U.S. government aid to cushion the coronavirus-ravaged economy helped calm nervous markets. Better-than-expected U.S. corporate earnings also lifted equities, analysts said, though overall sentiment remained fragile as the pandemic cut […]
  • Value appreciation in ACCESS, ZENITHBANK, 17 others push NSE-ASI higher, gains 0.66%

    15 Views Transactions on the Nigerian equities market today (Wednesday) closed higher by 0.66%, halting downtrend of two consecutive trading sessions, following value appreciation on ACCESS, ZENITHBANK, WAPCO and 16 others. Consequently, the market breadth closed positively, recording 19 gainers  as against 4 losers.   NSE Trading Floor In summary, the All-Share Index (ASI) increased […]
  • Daily Price List (NASD) – Wednesday, 22nd April, 2020

    2 Views COMPANY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE SDFCWAMCO 120 120 121.98 120 120 0 0 121.9653348852 3 18902 2305388.76 SDNDEP 300 300 295 295 295 -5 -1.6666666666667 295 1 5020 1480900 TOTAL TRANSACTION (2) 4 23922 3786288.76 Read more https://gtigroupblog.com/daily-price-list-nasd-wednesday-22nd-april-2020/
  • Daily Price List – Wednesday, 22nd April, 2020

    84 Views COMPANY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE ACCESS 6.1 6.1 6.25 6.1 6.25 0.15 2.46 6.1839086774292 157 8913043 55117443.95 AFRIPRUD 3.35 3.35 3.45 3.45 3.45 0.1 2.99 3.404908117682 23 407641 1387980.15 AIICO 0.82 0.82 0.82 0.82 0.82 0 0 0.82007047072881 8 638563 523666.66 AIRTELAFRI 298.9 298.9 – […]Read More
  • ‘Why CHI extended rights offer to May’

    0 Views The Consolidated Hallmark Insurance Plc (CHI) rights offer   was extended from the April 1 to May 1, 2020 because of the coronavirus (COVID-19) oubreak, the Group Managing Director/Chief Executive Officer of the firm, Eddie Efekoha, has said. Efekoha, in a statement, said the extension also became necessary because investors would usually wait till […]
  • NIPCO pays N563m dividends

    0 Views Shareholders of NIPCO Plc have approved payment of N563 million as cash dividends for the 2018 business year as the downstream oil and gas company recorded net profit of N1.58 billion. Shareholders will receive a dividend per share of N3. At the Annual General Meeting (AGM) in Abuja, NIPCO Plc Chairman Chief Bestman […]
  • Fidson Healthcare assures shareholders of sustained growth

    0 Views The board of Fidson Healthcare Plc has assured shareholders that ongoing expansion and business growth initiatives would continue to strengthen the performance of the healthcare company in the years ahead. Addressing shareholders at the Annual General Meeting (AGM) in Lagos, Chairman, Fidson Healthcare Plc, Mr. Segun Adebanji, said the company has continued to […]