Market capitalisation of stocks worth over one trillion (SWOOTs) appreciated by 1.39 per cent to close at N18.42 trillion from N18.16 trillion the previous week, reflecting a gain of N253.24 billion. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT,…
NAHCO Plc, reported on monday the share price of aviation company in one month which appreciated by 42.50 per cent to close at N5.70 per share, taking the market capitalisation to N9.26 billion. The growth in share prices which was…
By Philemon Adedeji The stock market on the Nigerian Exchange Limited (NGX) closed on positive note for the fourth day of the week, All Shares Index Index appreciated by 143.07 basis points. Precisely, All Shares Index (ASI ) inched weight by…
Nigerian Exchange Limited (NGX or the Exchange), the sustainable Exchange championing Africa’s growth, has announced the launch of West Africa’s first Exchange Traded Derivatives (ETD) Market with Equity Index Futures Contracts on 14 April, 2022. This is consistent with the…
By Philemon Adedeji United Capital plc has released its unaudited financial statement for the year ended as at 31, March 2021, reporting 35 per increase in gross earnings from N3.119 billion in 2020 to N4.212 billion in 2021. From the…
By Philemon Adedeji Transactions on the Nigerian Exchange Limited (NGX) has closed on positive note for three days consecutively at the opening of this week, Meanwhile All Shares Index shows appreciation of 162.28 basis points. Specifically, the overall market Capitalisation…
Zenith Bank Plc on Wednesday announced the appointment of Mrs. Adobi Stella Nwapa andMr. Anthony Akindele as Executive Directors of the company. Other appointments are, Mr. Peter Olatunde Bamkole and Mr. Chuks Emma Okoh, as Independent Non-Executive Director and Non-Executive…
Union Bank of Nigeria (UBN) Plc recorded modest growth in the top-line in 2021, showing steady revenue growth and strong business momentum driven by non-interest income. Key extracts of the audited report and accounts of UBN for the year ended…
By Philemon Adedeji Equities market on the Nigerian Exchange Limited (NGX) closed for the second day of the week on a positive note amidst sell-offs and buy-interests as the benchmark All Shares Index (ASI) appreciated by 337.08 basis points. The…
BUA Food Plc released its audited financial result that ended December 2021, revealing a profit of N69.77 billion, representing a 97 per cent growth from the prior-year period, as revenue grew by 73 per cent. The year being reviewed witnessed…
