The exchange rate between the naira and the US dollar closed at N421.33/$1 at the Investors and Exporters (I&E) window. Naira remained stable at the official Investors and Exporters window on Monday, closing at the same rate as it did…
The Securities and Exchange Commission (SEC), says availability, affordability, accessibility, awareness and adequacy of capital market products will drive inclusion in the market across the country. Mr Lamido Yuguda, the Director-General of SEC, outlined the factors in Abuja on Tuesday…
By Philemon Adedeji The Nigeria stock market which has been closing on negative performance for days ago, turned green yesterday due to turn up that occurred in some stocks like Livestock, MRS oil, Dangote cement and others. The Nigeria Exchange…
By Philemon Adedeji The Nigerian stock market closed negatively all through last week, still reflecting on negative as the week opened yesterday, This is caused by negative performance of some stocks due to market depreciation in large and medium capitalised…
In furtherance of its commitment to supporting its clients and stakeholders with wealth management solutions that move them towards their goals, FBNQuest, the investment banking and asset management business of FBN Holdings Plc recently launched a campaign themed ‘Powered by…
Northern Nigeria Flour Mills Plc has announced a dividend payment of N0.25 kobo per 50 kobo ordinary shares for the financial year ended 31 March 2022. This dividend payment will be subject to shareholders’ approval at the Annual General Meeting…
The nation’s stock market maintained its bearish position on Friday, as all market indicators dropped further amid sell pressure in large capitalised stocks. Specifically, the All-Share Index declined by 633.01 points or 1.21 per cent to close at 51,778.08 compared…
Shareholders of Total Energies Marketing Nigeria Plc at the 44th Annual General Meeting approved a final dividend of N6.18 billion dividend for the financial year ended December 31, 2021. The dividend represents an N18.20 per share to be distributed as…
Nigerian Exchange Limited (NGX) has reclassified Skyway Aviation Handling Company Plc from Low Price Stock Group to Medium Price Stock Group. According to a statement from the NGX to notify trading license holders, the reclassification of Skyway Aviation Handling Company…
Flour Mills Nigeria Plc has announced a dividend payment of N2.15 kobo per 50 kobo ordinary shares for the financial year ended 31st March 2021. This dividend payment will be subject to shareholders’ approval at the Annual General Meeting (AGM)…
