The Nigerian equities market closed further on a negative note on Thursday. Specifically, the market capitalisation decreased by N196.40 billion to N28.255 trillion from N28.451 trillion posted on Wednesday. Similarly, the All-Share Index (ASI) declined to 52,411.09 points, or 0.69…
By Philemon Adedeji Sterling Bank Plc, a full service national commercial bank, has reported a 20.2 percent growth in its profits for the fiscal year ended December 31, 2021. The bank, at its recently held annual general meeting in Lagos,…
Shareholders of Dangote Sugar Plc at the company’s 16th Annual General Meetings (AGM) approved a dividend of N12.147 billion dividend, representing N1.00 per share of 50 kobo each. The company’s financial result for the year ended December 31, 2021, revealed …
By Philemon Adedeji As at opening of this week, trading activities in the stock market of the Nigerian Exchange Limited (NGX) has been on declination for two-day consecutively, In yesterday trading equities market largely declined by 0.64 per cent, Following…
AIICO Insurance Plc has said that it is targeting to achieve N63.33 billion gross written premium (GWP) for the third quarter ending September 2022. In its Forecast Profit and Loss Accounts Information for the Q3 earnings obtained from the Nigerian…
The Nigerian bourse opened the week with a loss, as market capitalisation shed N47 billion to close at N28.634 trillion from 28.681 trillion posted on Friday. Similarly, the All-Share Index (ASI) dropped by 0.16 per cent to close at 53.113…
Aluminium Extrusion Plc has announced a final dividend payment of N0.05 kobo per 50 kobo ordinary shares for the financial year ended 31 December 2021. This dividend payment will be subject to shareholders’ approval at the Annual General Meeting (AGM)…
By Philemon Adedeji BUA Cement Plc on Monday announced to project N102.684 billion revenue for third-quarter Q3 ending September 2022. In its forecast of statement of profit or loss and other comprehensive income obtained under the platform of Nigerian Exchange…
Consolidated Hallmark Insurance has resolved to pay its shareholders 2 kobo per ordinary share of 50 kobo subject to appropriate withholding tax to be paid to shareholders whose names appear in the register of members as at the close of…
African Export Import Bank (Afrexim bank) has disbursed 150 million dollars to First Bank of Nigeria Ltd., under it’s Pandemic Trade Impact Mitigation Facility (PATIMFA). Group Head, Marketing and Corporate Communications, FirstBank, Mrs Folake Ani-Mumuney, said this in a statement…
