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WorldStage Newsonline– Cutix Plc, a Nigerian quoted firm which manufactures and markets electrical, automobile and telecommunication wires, cables and related products has confirmed a purchase of 1,120,000 shares of the company at N1.70 per share by Adtec Ltd, a company related to a substantial shareholder Dr Gilbert Obiajulu Uzodike.
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WorldStage Newsonline– The Board of Chemical and Allied Products Plc will meet in Lagos on Monday October 19, 2020 to consider among other things, the company’s unaudited financial results for the period ended September 30, 2020 (Q3 Results).
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WorldStage Newsonline– Okomu Oil Palm Company Plc, a Nigeria-based company engaged in cultivation of oil palm, processing of fresh fruit bunches into crude palm oil for resale, rubber plantation and processing of rubber lumps to rubber cake for export has reported share purchase by Socfina S.A, a substantial foreign shareholder involving 443,654 units which amounted to N35,358,844.
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WorldStage Newsonline– Cadbury Nigeria Plc has commenced a closed trading period from 24th September 2020 to end 24 hours after the quarter 3 2020 unaudited financial statements have been released to the public, after which the trading period will be resumed.
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WorldStage Newsonline– Zenith Bank Plc, one of Nigeria’s biggest bank has issued a notification of share dealing by insiders involving two Executive Directors, Dr Temitope Fasoranti and Dennis Olisa who purchased 1000,000 units each at N17 which amounted to N34,000,000.
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WorldStage Newsonline– Blakeney LLP, one of the pioneers of institutional investment in Africa and the Middle East has sold 110,891,304 shares of UAC of Nigeria Plc (UACN) in an insider dealing at N5.75 per share which amounted to N637,624,998.
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WorldStage Newsonline– Fidelity Bank Plc, a leading commercial bank has reported insiders’ dealings in share involving Mr Mustafa Chike-Obi, a Non-Executive Director and Mr Gbolahan Joshua both Executive Directors of the bank.
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WorldStage Newsonline– Trading activities on the Nigerian Stock Exchange on Friday remained upbeat for the fifth consecutive day, with the All-Share Index growing by 1.28 per cent to cross 26,000 mark.
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WorldStage Newsonline– Flour Mills of Nigeria Plc, Nigeria’s leading integrated food business and agro-allied group, owners of Golden penny on Friday confirmed that the massive floods triggered by sever downpours at the Sokoto Rima basin, the Kainji and Jeba dams had caused a breach to its extensive and properly designed dyke systems at Sunto Golden Super Estates (SGSE).
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WorldStage Newsonline– The stock market on Friday finally warmed up to the previous day’s notification by Julius Berger Nigeria Plc that its board had approved a diversification opportunity for the company in agro-processing sector.
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