The Chartered Institute of Stockbrokers (CIS) has announced a core finance professional, Mr Oluwole Adeosun as its new President and Chairman of the Governing Council. With his election, at the Institute’s hybrid Annual General Meeting (AGM) today, Adeosun, the Institute’s…
By Philemon Adedeji Equities market on the Nigerian Exchange Limited (NGX) closed marginally on positive note for the second day of this week, as investors in the equities market continues to maintain upward performance. Meanwhile, The NGX All share index…
By Philemon Adedeji. Lafarge cement PLC has released it’s unaudited financial statement for the period ended 31 March 2022, reporting growth in revenue which impressively increased by 27 per cent to a N90.6 billion in three months of 2022 from…
Okomu Oil Plc share price appreciated by 10.00 per cent to close at N161.70 per share, taking the market capitalisation to N154.25 billion. The growth in share prices which was recorded by the FMCG company can be attributed to investors’…
By Philemon Adedeji Last week Friday was the last trading week on Nigerian Exchange Limited (NGX), as federal government declared Monday, Tuesday as public holidays to celebrate EID-EL-FITR. The NGX All share index (ASI) went up by 487.47 points representing…
By Philemon Adedeji. United Bank of Africa has released its unaudited results for the period ended 31 March 2022, announcing growth in profit which increased significantly by 9 per cent to a N41.496 billion in three months of 2022 from…
Aiico insurance its first quarter result, reporting increase in profit to 206 per cent which rose significantly from N1.545 billion in 2021 to N4.734 billion in 2022. From the released statement on the Nigerian Exchange Limited (NGX) platform, profit before…
The Nigerian equity market rebounded from March’s marginal decline of 0.91 per cent as strong earnings report from participating companies has further continued the bullish trend the market has been experiencing since the start of 2022, despite the global macro-economic…
By Philemon Adedeji Meyer Plc reported 35 per cent increase in revenue for the 202l full year audited financial statement, reporting growth of revenue which rose significantly from N827.5 million in corresponding period of 2020 to Nl.ll8 billion in the…
Nestle Nigeria PLC has announced a revenue of N110.2 billion in the first quarter against N87.3 billion during the same period in the previous year, translating to a growth of 26.3 per cent. The company stated this on Friday in…
