International Breweries printed impressive top and bottom line in the first half of 2022, overturning the losses recorded in the past four years. Notably, the brewing giant with over 500 brands posted a Profit Before Tax of N1.82 billion, an…
The exchange rate between the Naira and the US dollar at the parallel market on Monday, 19th September 2022 depreciated to N708/$1, representing a 0.43 per cent fall compared to N705/$1 recorded as of the close of trade last week…
By Philemon Adedeji At the Nigerian Exchange Limited (NGX), Equities market closed on negative posture as the key market indicator decreased by 35.93 basis points amid positive market performance. The NGX All-Share Index decreased by 0.07 per cent to close…
MTN Nigeria Plc plans to issue up to N100 billion series 1 bond under its new N200 billion bond issuance programme. In a statement signed by Uto Ukpanah, Company Secretary and obtained from the Nigerian Exchange Limited the telecom firm…
…Calls for incentives to attract young Nigerians The Securities and Exchange Commission has been commended on its efforts so far in returning the Commission to profitability and urged to explore ways to further deepen the capital market in a bid…
The exchange rate between the Naira and dollar at the parallel market on Wednesday 14th September 2022 fell to N707/$1, representing a 0.28 per cent depreciation compared to N705/$1 recorded in the previous trading session. This is according to information…
By Philemon Adedeji Activities in the domestic equities market yesterday remained weak with a dip of N28 billion, cause by losses in Zenith Bank Plc, NGXGROUP and 16 others. In summary, the All Share Index (ASI) decreased by 51.79 absolute…
By Philemon Adedeji The Nigerian equities market opened the week yesterday on a negative posture, reversing prior session gains as the All-Share Index was 0.14 per cent lower. The All-Share Index (ASI) depreciated by 69.41 absolute points, representing a dip…
The exchange rate between the Naira and the U.S. dollar stood at N706/$1 on Monday, 12th September 2022 morning, a 0.28 per cent appreciation compared to N708/$1 recorded on Friday, last week. This is according to information obtained from black…
The Securities and Exchange Commission (SEC) says operationalising crowdfunding will accelerate financial inclusion agenda of the country and boost Micro Small and Medium Enterprises (MSMEs). This is contained in a statement by the SEC Executive Commissioner, Operations, Mr Dayo Obisan,…
