By Philemon Adedeji Equities market on the Nigerian exchange limited (NGX) which closed on negative for two consecutive trading session as at opening of this week closed on appreciation yesterday after the transaction of some stocks like FBNH, UPL and…
Dangote Cement Plc has announced the appointment of Dr. Gbenga Fapohunda as the Acting Group Chief Finance Officer (CFO) of the company. This follows the resignation of Mr. Guillaume Moyen as the Group Chief Finance Officer (CFO)of the company. This…
By Philemon Adedeji The Nigerian equities market on the Nigerian Exchange Limited (NGX) closed parallel in yesterday trading, during trading some stocks could not record gain rather than a bit loss. This occurred due to sell-off in some stocks like…
The Security and Exchange Commission (SEC) has stated that the Commission is working to ensure it reduces the level of unclaimed dividends to zero per cent in the Nigeria financial market. This was disclosed by Alhaji Lamido Yuguda, the Director-General,…
The Naira on Wednesday lost to the green back at the Investors and Exporters window, exchanging at 424.88 to the dollar against 421.00 traded on Tuesday, a 0.80 per cent depreciation. The open indicative rate closed at N421.80 to the…
By Philemon Adedeji Trading activities in the equities market in yesterday trading session returned back to decline by N85 billion, Some stocks like UPL, NGX GROUP, and 17 others caused market to turn red due to inconsistent bargain of market…
Investors in MTN’s Public Offer for Sale conducted in December 2021 have gained an estimated N35 billion since the offer closed last year. The company listed its public offer price at about N169/share when it made the offer public in…
A Stockbroker, Mr Fortune Ibe, has advised Nigerians to embrace the idea of investing in Federal Government of Nigeria (FGN) securities to secure their finances. Ibe, a personel of CSL Stockbrokers Limited, which is the stockbroker of the FGN, said…
The Chartered Institute of Stockbrokers (CIS) and Lagos Business School (LBS) have signed a Memorandum of Understanding (MoU) for training of professionals in the financial market to upscale their professional competence and enhance global competitiveness. A statement from CIS indicates…
By Philemon Adedeji Trading activities in the stock market of the Nigerian Exchange Limited (NGX) on Monday closed on appreciation by 257.24 basis points or 0.50 per cent, following the investors like, Ecobank Transnational Incorporated, Johnholts, Living trust Mortgage Bank…
