Chemical and Allied Products Plc (CAP) has announced its unaudited results for the period ended 30 June 2022 with a Profit After Tax of N904 million as against N509 million representing a growth of 78 per cent. Profit Before Tax…
The exchange rate between the Naira and the US dollar has fallen to a record low at N685.5/$1 at the peer-to-peer (P2P) forex market, findings from cryptocurrency P2P exchange market shows. The dollar which was traded at N667/$1 yesterday has…
The total value of domestic transactions executed by domestic investors in the half year 2022 was N1.419 trillion against N243 billion which was the total transactions carried out by foreign investors during the period under review. Foreign investment-related transactions on…
…Says it raised over N72bn for real estate coys in 10 years By Philemon Adedeji To meet the needs integral to the housing sector, whilst helping Nigeria meet its Sustainable Development Goals (SDGs), Nigerian Exchange Group (NGX) Plc says it…
By Philemon Adedeji University Press Plc has announced its financial statement for the period ended 31 March 2022, announcing Profit Before Tax (PBT) which impacted on a huge profit, the group recorded 380.1 per cent growth in Profit Before Tax…
By Philemon Adedeji Nigerian equities yesterday opened the week extending its losing streak for the fifth consecutive session as investors’ investment depreciated by N313 billion. The All Share Index (ASI) decreased by 579.39 absolute points, representing a dip of 1.11…
By Philemon Adedeji Africa Prudential plc has declared its unaudited financial statements for the period ended 30th, 2022, declaring 19 per cent increase in gross earnings which moved to N1.99 billion in half year H1 2022 from N1.67 billion achieved…
By Philemon Adedeji Capital Express Assurance, a leading specialist life Insurance company in Nigeria has reported its audited financial statements for the year ended 31st December 2021, reporting profit after tax (PAT) which rose significantly to N90.7 million in full…
The Nigerian equities market closed bearish during the week as All-Share index depreciated by 0.45 per cent in the week ended 22nd July 2022. This is according to the information contained in the weekly stock market report, released by the…
The Nigerian Exchange Limited (NGX), is now on its fourth day losing streak as it lost approximately N76 billion capitalisation on Friday attributed to losses seen majorly from the banking sectors as stocks like Zenith Bank, UBA, GTCO recorded losses…
