The Executive Commissioner, Securities and Exchange Commission (SEC), Dayo Obisan has said that Nigeria is leading amongst countries making the rules and regulating the digital asset space in Africa. He said this during the Nairametrics Economic Outlook webinar on the theme:…
By Philemon Adedeji Unilever Nigeria Plc has released its unaudited financial statement for the half year H1 ended 30th June 2022, reporting growth of Profit After Tax (PAT) to a 167 per cent to N1.906 billion achieved in the half…
The equities market kicked off the trading week with positive sentiments, following investors’ buying interests, making investors to gain N57 billion on Monday. Also, the market capitalisation stood at N28.214 trillion compared to N28.157 trillion posted at the last trading…
The market capitalisation of the top five banks, referred to as the Tier-1 banks or FUGAZ, appreciated by 0.77 per cent to close at N2.28 trillion as at 15th of July, 2022, as investors in these banks gained a total…
The Nigerian equities market closed bullish as the All-Share Index appreciated by 1.27 per cent in the week ended 15th July 2022. This is following the 0.53 per cent decline recorded in the previous week. This is according to the…
By Philemon Adedeji Trading on the Nigerian exchange limited (NGX), closed on a negative note on Thursday as investors lost 0.10 per cent after two-day consecutive trading at the nation’s equities market, as Champion breweries, Ikeja hotel, International breweries, led…
The exchange rate between the naira and the US dollar closed at N424.58/$1 at the Investors and Exporters (I&E) window, where forex is traded officially. Naira appreciated slightly against the US dollar at the official market on Wednesday, with a…
By Philemon Adedeji Opening the holiday shortened the week, activity on the Nigerian stock market started trading yesterday on a decline with N90 billion loss. The All Share Index (ASI) decreased by 167.16 absolute points, representing a dip of 0.32…
By Philemon Adedeji Living Trust Mortgage Bank plc has announced its interim unaudited financial statement for the half year H1 ended 30th June , 2022, announcing 58.5 per cent growth in profit after tax (PAT) to N489.6 million. From the…
Pioneer solar-based internet service provider in West Africa, Tizeti Network Limited, is set to pay its shareholders its first dividend after it declared a dividend of N2.00 per share for the financial year, ending December 31st, 2021. The company in…
