By Philemon Adedeji The stock market on the Nigerian exchange Limited (NGX), closed trading yesterday on negative note amidst sell-offs and buy-interests as the benchmark All Share Index depreciated by huge 87.81 basis points. Similarly, the NGX ASI largely decreased…
FMDQ Securities Exchange Limited has admitted the quotation of the United Capital PLC’s N12.48 billion Series 8 Commercial Paper (CP) under its N50.00 billion CP Issuance Programme on its platform. The development follows the admission of twenty-one (21) Commercial Papers…
The President, Chartered Institute of Stockbrokers (CIS), Mr. Olatunde Amolegbe, has urged parents to inculcate culture of savings in their children in order to build a new generation of investors. Amolegbe, who advocated financial literacy for children, also unfolded an…
The Nigerian Exchange Ltd. (NGX) and MTN Nigeria Communications Plc (MTNN), on Monday, signed a Memorandum of Understanding (MoU), to promote financial literacy and enhance retail participation in the Nigerian capital market. The signing ceremony of the MoU, a two-year…
By Philemon Adedeji The stock market on the Nigerian exchange limited (NGX) opened the week yesterday on a positive note amidst sell-offs and buy-interests as the benchmark All Share Index is depreciated by 8.81 basis points. Specifically, the NGX ASI…
One of Nigeria’s most profitable agro-allied companies Presco Plc has announced it is seeking shareholders’ approval to acquire 100 per cent of its subsidiary, Siat Nigeria Ltd (SNL). In 2011, SNL which was owned 100 per cent by Siat SA…
The equities market of the Nigerian Exchange Ltd., (NGX) on Friday appreciated by N40 billion. Specifically, the market capitalisation closed for trading at N25.566 trillion, compared with N25.526 trillion on Thursday; an increase of N40 billion. Also, the NGX All-Share…
The Nigerian Exchange Group (NGX) operators of the Nigerian Stock Exchange reported it paid its three executive directors a whopping N754.8 million in executive compensation for the year ended December 2021. This year’s payment represents a 78.2% increase from the…
The Nigerian equities market rebounded from its bearish trade last week as the All-Share index gained 0.36% in the week ended 11th March 2022. This is following the 0.13 decline recorded in the previous week. This is according to the…
The equities market of the Nigerian Exchange Limited (NGX) closed transaction marginally yesterday on a positive note increasing by 0.16 per cent, extending the prior day’s gain to two trading sessions. The All Share Index (ASI) grew by 76.89 points,…
