FCMB Group Plc sustained its profitable growth trajectory by recording an impressive 42per cent increase in profit before tax at the end of March 2022, a significant jump to N6 billion from the N4.2 billion recorded in the same period…
By Philemon Adedeji. The Nigerian equities market on Nigerian Exchange Limited (NGX) maintained its bullish performance at the close of trade on Friday as market the stock like, Nem insurance, Academy Press, Cadbury and others lifts capitalisation increased further to…
Flour Mills of Nigeria Plc (FMN) has obtained the required regulatory approvals to acquire 71.69 per cent stake in Honeywell Flour Mills Plc (HFMP), formerly a portfolio company of Honeywell Group. The company made this known in a statement by…
By Philemon Adedeji Transaction on Nigerian exchange limited (NGX), closed marginally on positive note when Multiverse, Cadbury, Fcmb, drives market capitalisation to N143 billion. All shares index now moved higher to 266.01 representing 0.55 per cent to close trade at…
…Gross profit hits N48.8bn, rising by 122.3% Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces its unaudited results for the three months ended 31 March 2022,…
…Deposits from customers grow by a whopping 7.76 per cent to N7.49 trn Access Holdings Plc, has released its Q1 2022 financial result, which reveals a profit of N57.40 billion in Q1 2022. This reflects a 9.23 percent increase year…
By Philemon Adedeji Ecobank has released its audited financial statement for the full year ended 31, December 2021, reporting 21 per cent increase in profit which grew significantly from N8.087 billion in the corresponding period of 2020 to N9.77 billion…
By Philemon Adedeji The Nigerian equities market closed flat yesterday by 1 billion or 0.01 per cent amid little increase in stocks like, Academy Press, Wema bank, Cadbury and 15 others stocks Basically, All share index (ASI) increased by 3.18…
…Reports Profit Before Tax of N54.3bn Guaranty Trust Holding Company Plc (“GTCO Plc” or “the Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2022, to the Nigerian Exchange Group (NGX) and London…
By Philemon Adedeji The stock market on the Nigerian Exchange Limited (NGX) yesterday closed positive and increased slightly with N14 billion gain. Following sustained interest in ACADEMY, CHAMPION, NEIMETH PHARMACEUTICAL PLC and other stocks. Absolutely, the All Shares Index increased…
