By Philemon Adedeji The Nigerian Exchange Ltd. (NGX) on Tuesday extended losing streak, making the benchmark index down by 2.26 per cent. All-Share Index (ASI) dipped 1,139.02 points or 2.26 per cent to close at 49,350.71 against 50,489.73 posted on…
By Philemon Adedeji Caverton Offshore Support Group Plc, a provider of marine, aviation, and logistics services to local and international oil and gas companies in Nigeria said it realised a Profit After Tax (PAT) of N203 million in Half year…
By Philemon Adedeji Seplat Energy plc has declared 81.9 per cent increase in revenue to N219.2 billion in its half year H1 unaudited financial statement for the period ended June 30, 2022 from N120.4 billion declared in prior-year H1 2021…
By Philemon Adedeji eTranzact international plc has reported its unaudited financial statement for the second quarter ended June 30 2022, declaring total assets which grew significantly to a 56.6 per cent to N17.092 billion as of June 30 2022 from…
By Philemon Adedeji The Nigerian equities market yesterday closed lower to open the week, reversing prior session gains as the market capitalisation lost N125 billion of its value to sell pressure from investors. The All Share Index (ASI) decreased by…
The combined market capitalisation of stocks worth over one trillion (SWOOTs) appreciated by 0.21 per cent to close at N20.05 trillion from N20.01 trillion the previous week, reflecting a growth of N42.15 billion. Stocks included in this classification are AIRTELAFRICA,…
By Philemon Adedeji Nestlé Nigeria plc has announced 30 per cent growth in revenue to N222.5 billion in its half year (H1) unaudited financial statement for the period ended June, 30, 2022, from N171.4 billion announced in prior-year (H1) results.…
By Philemon Adedeji The Nigerian equities market closed bullish during the week as the All-Share index appreciated by 0.70 per cent in the week ended 5th August 2022. This is following the 3.10 per cent decline recorded in the previous…
Champion Breweries Plc has reported its Unaudited Financial Results for the half year (H1), ended June 30, 2022, with a profit after tax (PAT) of N1.076 billion in half year H1 2022 compared to N445.23 in half year H1 2021…
By Philemon Adedeji Sterling bank Plc has reported 41 per cent increase in profit after tax to N8.0 billion in its half year (H1) unaudited financial statement for period ended June 30, 2022 from N5.7 billion reported in corresponding half…
