Aquoted telecommuni cations companies on the Nigerian Exchange Limited (NGX), Airtel Africa plc has reported N676 billion loss of investors on trading session. The results showed that the telecom stock dipped by 10 per cent to close at N1,620 per…
The exchange rate between the naira and the US dollar at the blackmarket closed flat at N742/$1 on Tuesday, depreciated by 1.5 per cent in the previous trading session. The naira at the cryptocurrency peer-to-peer FXmarket depreciated by 0.81 per…
The Nigerian bourse continued its negative trend on Tuesday with market capitalisation losing N545 billion or 2.16 per cent to close at N24.709 trillion in contrast with N25.254 trillion posted on Monday. Similarly, the All Share Index shed 999.63 points…
Dr. Salisu, has assumed duty as Managing Director/Chief Executive of Jaiz Bank Plc. The bank said that he takes over from Hassan Usman whose tenure ended on October 15, 1022. He has promised to build on the achievements of the…
By Philemon Adedeji Living Trust Mortgage Bank plc has declared its unaudited financial results for the period ended September 30, 2022, declaring profit before tax (PBT) which increased by 40.2 per cent to N748.8 million in third quarter (Q3) 2022…
The Chartered Institute of Stockbrokers (CIS), is set to reinforce its brand authenticity through an array of activities to commemorate its 30th Anniversary in grand style. The frontline Institute of securities and investment professionals was established by Act 105 of 1992…
The combined market capitalization of stocks worth over one trillion (SWOOTs) appreciated by 0.83 per cent to close at N18.92 trillion from N18.76 trillion the previous week, reflecting a profit of N155.78 billion. Stocks included in this classification are Airtel…
The Nigerian bourse rebounded on Friday with market capitalisation gaining N24 billion or 0.09 per cent to close at N25.909 trillion in contrast with N25.885 trillion posted on Thursday. Similarly, the All Share Index grew by 44.66 points or 0.09…
Nigeria’s Euro bonds fell following a declaration by Minister of Finance Zainab Ahmed said that the government would review and consider restructuring its portfolio of debt. With the commitment to repay some local debts falling due in 2022 and the…
…Urges Nigerians disregard fake informations By Philemon Adedeji The Securities and Exchange Commission (SEC) has denied conducting any recruitment exercise as being circulated in several websites and blogs. The Commission in a statement explained that the referenced websites and blogs…
