…Revenue grows by 17% to N808 billion By Philemon Adedeji In a bid to ensure that Cement becomes available in all African countries, Chief Executive Officer of Dangote Cement, Michel Puchercos, has revealed that his company is ramping up production…
Nigerian Exchange Limited (NGX) has lifted the suspension placed on trading in the shares of C&I Leasing Plc. The Exchange had suspended nine companies from the facilities of Nigerian Exchange Limited (NGX) having failed to file their Audited Financial Statements…
The equity market started the week and the month on a weak note due to sell-off in some largely capitalised, making capital capitalisation to drop by N226.45 billion. The negative performance was driven by BUA Cement, Neimeith, Fidelity Bank, International…
FBN Holdings Plc has announced its unaudited results for the half year ended June 30, 2022 with a gross earnings of N359.2 billion. In a statement on Friday, the company explained that the gross earnings indicated an increase of 22.4…
Bullish sentiment returned to the equity market on the Nigerian Exchange Ltd. on Friday, following investors’ interest stocks of Zenith Bank and MTN Nigeria which made it the first gain of the week. Specifically, the market capitalisation garnered N379.16 billion…
A multidimensional chartered stockbroker, Mr Oluwole Adeosun was sworn-in as the 12th President of Chartered Institute of Stockbrokers (CIS) at the weekend with pomp and pageantry. The high profile event also included the send off of the Institute’s immediate past…
The Lagos Commodities and Futures Exchange (LCFE) has been inaugurated for real time trading with the high profile launch of Eko Gold Coins, valued at 100 million pounds in tranches, commencing the much-awaited electronic trading of commodities receipt in Nigeria.…
BUA Cement Plc on July 25, 2022, released to the investing public its Q2 financial statement for 2022. The Industrial Goods Sector Company financial statements as released on NGX showed that profit after tax grew by 41.40 per cent to…
Seplat Energy Plc has announced an interim dividend at a rate of US2.5cents per ordinary share to be paid to Seplat’s shareholders whose names appear in the Register of Members as at the close of business on 12th August 2022.…
By Philemon Adedeji Bearish sentiments still occurred in the Nigerian equities market, yesterday as losses in MTN Nigeria Communications (MTNN), Custodian Investment, Prestige Assurance, Jaizbank and 30 others dragged the market overall capitalisation lower by N137 billion as investors sought…
