Nigeria’s leading insurance firms earned a whopping sum of N180.200 billion as revenue in the first nine months of 2022, outperforming their earnings of N146.240 billion in the corresponding period of 2021. According to the information contained in their third-quarter…
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed is to launch the Revised Capital Market Master Plan that is expected to be the Roadmap for the capital market for the next few years. This is also as…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) opened the week on positive performance as the benchmark index inched up by 209.11 basis points or 0.47 per cent to close at 44,701.84 index points from 44,492.73 index…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX), yesterday the bears constituted the domestic bourse as the NGX All-Share Index (ASI) dropped by 39.22 basis points or 0.09 per cent to close at 44,011.22 index points from…
In recognition of the fact that cyber risk poses a significant threat to market confidence, integrity and efficiency, the need for a robust strategy for mitigating such risks has been emphasised. Director General of the Securities and Exchange Commission, Mr.…
The capital market in Nigeria has been described as important to the economy of the nation as it is capable of providing government the much needed revenue for infrastructural development. This was stated by the Chairman of the Senate Committee…
By Philemon Adedeji Nigerian equities recovered as the benchmark Index rose by 0.55 per cent to settle at 44,050.44 index points. Bullish sentiment in telco heavyweights, MTNN (+0.32 per cent), Buafoods (+0.80 per cent) and Zenith Bank (+8.46 per cent)…
The shares of Lafarge Africa Plc decreased from N22.25 per share at the start of trading on Tuesday, to N20.10 at the end of the trading session. The decline represents a 9.66 per cent loss, even as the cement maker’s…
Shareholders of a leading manufacturer of rigid foams and and other household materials, Vitafoam Nigeria PLC have unanimously endorsed the Company’s proposal to cancel 1,149, 155,936 unissued ordinary shares of 50 kobo each, in compliance with the Federal Government’s directive…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) closed bearish as the benchmark index closed marginally lower by 0.02 per cent to close at 43,808.25 index points from 43,818.12 index points it closed trade on Monday. Selloffs…
