MTN Nig Plc, has emerged as the most capitalsed stock on the Nigerian Exchange Group (NGX), surpassing its industry peer, Airtel Africa Plc by N63 billion to stand at N5.32 trillion. Hence, Airtel Africa Plc with a market capitalisation of…
The Securities and Exchange Commission (SEC) has released new rules for Digital Assets as part of its efforts to regulate digital/virtual assets such as Bitcoins and NFTs. This is contained in a recently released document titled, “New Rules on Issuance,…
Airtel Africa has confirmed a final dividend payment of $0.03 cents per ordinary share for the financial year ended 31 March 2021. Shareholders will be offered the opportunity to select the currency to be paid in, either GB pounds or Nigerian…
By Philemon Adedeji The Nigerian Exchange Limited (NGX), closed the week marginally on a positive note, All Shares Index gained further by 180.7 absolute points. All Share Index rose by 180.7 points to represent an increase of 0.30 per cent…
By Philemon Adedeji Dangote Sugar refinery plc has declared its audited financial statement for the pere ended 31, December, 2021, reporting profit which declined significantly by 26 per cent to N22.052 billion in full year of 2021 from N29.775 billion…
By Philemon Adedeji Transactions on the Nigerian Exchange Limited (NGX) continue to maintain upward performance due to the upturn of the investors as market positive performance was driven by price appreciation in large and medium capitalised stocks which are Eternal…
Billionaire Industrialist, philanthropist and founder of BUA Group, Abdul Samad Rabiu, has been honoured with the 2019/20 National Productivity Order of Merit Award (NPOM) presented by President Muhammadu Buhari an event in Abuja today. This year, 49 people were granted…
First City Monument Bank (FCMB), a member of FCMB Group Plc, has partnered with the Mastercard Foundation to provide subsidized loans to 100,000 Micro, Small, and Medium Enterprises (MSMEs), to scale their operations to create work opportunities for young Nigerian…
Airtel Africa Plc has released its Full Year Audited Financial Statement revealing a 21.3 per cent growth in revenue from $3.89 billion in 2021 to $4.71 billion in the current period. Net profit for the full year period appreciated significantly…
By Philemon Adedeji Transaction on the equities market segment of the Nigerian Exchange Limited (NGX) on Wednesday increased by 1.99 per cent due to investors buying interest in CWG, Okomu oil Plc, Champion breweries and other stocks. However, All shares…
