By Philemon Adedeji Trading on Nigerian Exchange Limited (NGX), which opened the week on negative note closed yesterday marginally on positive note, as all shares index appreciated by 554.15 basis point Meanwhile, market capitalisation value gained further by N299 billion…
Seplat Energy Plc has announced the appointment of Mr Basil Omiyi as the new Independent Non-Executive Chairman of the oil and gas firm with immediate effect. His appointment follows a thorough assessment of internal and external candidates and then approval…
The nation’s bourse on Wednesday declined marginally by 0.07 per cent to close at 52,721.34 points due to profit taking, making it the third consecutive time in a week. Specifically, the All-Share Index decreased by 34.28 points or 0.07 per…
By Philemon Adedeji United Bank of Africa Pension Custodian Limited has declared its audited result financial statement for the period ended 31, December 2021, declaring profit before tax which moved stronger by 64 per cent to N5.77 billion in full…
Chams Plc, identity and payment solutions company, on Wednesday reported to raise fresh capital through the sale of its unissued 4.3 million shares. This was one of the resolutions passed at the company’s 38th Annual General Meeting (AGM) held in…
By Philemon Adedeji Equities market on Nigerian Exchange Limited (NGX) closed on negative note for the second day of the week as All shares Index depreciated by 187.47 basis points. The cause of negative performance of some stocks is due…
United Capital Plc has announced the resignation of Ms. Tokunbo Ajayi as a Non-Executive Director of the company. This was stated in a disclosure signed by the company’s secretary, Leo Okafor and filed with the Nigerian Exchange Group (NGX). According…
At the end of the day’s trading session, Flour Mill Plc’s market value depreciated by 1.60 per cent to close at N40.75 per share, taking the market capitalization from N169.96 billion to N167.09 billion. Flour Mill Plc recorded a decline…
The Nigerian Exchange Ltd., (NGX) closed on a bearish note on Monday, causing market capitalisation to dip by N83 billion, to close at N28.542 trillion from N28.625 trillion recorded on the last trading day. The All-Share Index (ASI) also declined…
Africa’s Global Bank, United Bank for Africa (UBA) Plc says it has processed over 25,000 trade transactions in the last four months. The bank was able to achieve this by leveraging cutting-edge technology to enhance its service provisioning to meet…
