Shareholders of Afriland Properties Plc have approved the Board’s proposal to pay a sum of N137.4 million as dividends, translating to 10 kobo per share, an increase of 100 per cent n from the corresponding year’s dividend of 5 kobo…
The equities benchmark index in Africa’s largest economy has remained below 50,000 index points to close trading at 49,421.91 points on September 21, 2022, as the build-up to the 2023 elections kept foreign investors at bay and sell-offs by domestic…
By Philemon Adedeji Nigerian Equities Market closed on negative performance as the key market indicator depreciated further by 231.57 basis points amid increased sell pressure. The NGX All-Share Index declined by 0.47 per cent to close at 49,190.34 basis points…
The exchange rate between the naira and the US dollar at the parallel market on at N712/$1 on Thursday morning, 22nd September 2022 compared to N712.5/$1 recorded as of the close of trade on Wednesday. This is according to information…
Consistent with its commitment to contribute to the growth and development of capital market in Nigeria and Africa, Nigerian Exchange Limited (NGX) says it will continue to collaborate with market stakeholders to enhance securities lending transactions and provide an efficient…
By Philemon Adedeji Nigerian equities yesterday closed the trading session lower as the market capitalisation lost N12 billion. The All-Share Index (ASI) dipped by 23.40 absolute points, representing a dip of 0.05 per cent to close at 49,421.91 points. Similarly,…
…To seek shareholders’ approval for N35bn capital raise The Nigerian Exchange Group (NGX) has said that the resolution for the allotment of 200,419,990 ordinary shares of 50 kobo each for the operation of a Long Term Incentive Plan consisting of…
By Philemon Adedeji At the Nigerian Exchange Limited (NGX), the Equities Market stopped negative posture to close in the green zone as the key market indicator moved up marginally by 5.10 basis points amid negative market breadth. The NGX All-Share…
Capital markets have been described as avenues for increase in values of assets and wealth creation whose proper and efficient operation is essential to sustainable national economic growth. This was stated by Speaker of the House of Representatives, Hon. Femi…
By Philemon Adedeji Nigerian Equities Market maintained negative posture to open the week in the red zone as the key market indicator dipped further by 35.21 basis points amid flat market breadth. The NGX All-Share Index dipped by 0.07 per…
