Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced remarkable performance in its unaudited financial results for the third quarter ended September 30, 2022, recording impressive growth across all its major indices, replicating the commendable performance it achieved…
By Philemon Adedeji At the close of trade on Tuesday, The Nigerian equities market extended gains for the fourth consecutive session as the All-Share index appreciated by 326.71 basis points or 0.73 per cent to close at 44,788.14 index points…
Transactions on the Nigerian Exchange Ltd. (NGX) on Friday remained bullish with crucial market indicators growing by 0.15 per cent. The market capitalisation shed N35 billion to close at N24.181 trillion, compared with N24.146 trillion on Thursday. Similarly, the All-Share…
The market capitalization of the top five banks in Nigeria (also known as tier-1 banks or FUGAZ) appreciated by 2.49 per cent to close the week at N2.05 trillion. This is as investors in these banks gained a total of…
The exchange rate between the Naira and the US dollar at the black market fell significantly by 1.75 per cent to trade at N755/$1 on Friday, 21st October 2022, when compared to N742/$1 recorded in the previous trading session. This…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX), closed flat on Thursday by 14.06 basis points 0.03 per cent, as market capitalization value gained N7.24 billion to close at N24.146 trillion from N24.138 trillion as it closed…
Amid Nigeria’s tight fiscal space, the Federal Government has recorded a deficit of N5.33tn between January and August 2022, which is N430.82bn above the prorate level. The government spent N9.56tn from January to August 2022, out of N11.55tn pro rata…
PZ Cussons has declared a new mantra of its new strategy for sustainable profitable growth which is building brands for life for today and for future generations. The aptly coined mantra reflects its enviable 120-year heritage as one of the…
The exchange rate between the Naira and the US dollar at the black market fell to N743/$1 on Wednesday, reflecting a slight decrease of 0.13 per cent from N742/$1 recorded in the previous trading session. The Naira at the cryptocurrency…
The Nigerian Exchange Ltd. (NGX) declined further on Wednesday as market capitalisation depreciated by N570 billion or 2.31 per cent, to close at N24.139 trillion from N24.709 trillion on Tuesday. Also, the All-Share Index (ASI) fell by 1, 048.17 points…
