Wema Bank Plc reported in a month share price appreciated by 237 per cent to close at N3.10 per share, taking the market capitalisation to N39.86 billion. The growth in share prices which was recorded by the Nigerian lender can…
By Philemon Adedeji Transaction on the Nigerian Exchange Limited (NGX) opened the week marginally on a positive note amidst sell-offs and buy-interests as the benchmark All Shares Index shows significant appreciation by 236.49 basis points. The market price was driven…
Meyer PLC, a listed company on the Nigerian Exchange Group (NGX), posted gains of 56.94 per cent in a week, as its share price opened the week trading 0.72 and it ended trading week on Friday closing at 1.13 per…
Consolidated Hallmark Insurance Plc (CHI Plc) on Monday declared a nine-digit profit for the year 2021 at N791 million. The result in 2021, the recovery year, follows the same pattern as that of 2020, the Covid period as the company…
…Applaud HoldCo transition, approve new Board membership By Philemon Adedeji Shareholders of Guaranty Trust Holding Company (GTCO) Plc have unanimously endorsed the payment of a total dividend of N3 per share for the financial year ended December 31, 2021. This…
By Philemon Adedeji AIICO Insurance Plc on Sunday declared a profit of N5 billion profit for the year 2021, a slight rise from the N4.8 billion reported the previous year. The year 2021 was a recovery year for the insurer…
The Securities and Exchange Commission, SEC, is joining forces with other agencies towards developing a sectoral strategy to deal with any potential cyber security threat on the Nigerian capital market. The Director-General of SEC, Mr Lamido Yuguda disclosed this on…
Trading activities of the equities market on the Nigerian Exchange Ltd.(NGX) closed on an upward trend on Friday, halting the bearish sentiments recorded in two consecutive days. Specifically, the NGX-AIl-Share Index gained by 0.19 per cent to record 46,631.46 points…
The Securities and Exchange Commission (SEC) has expressed worry over the high level of unclaimed dividends in the market. The Director-General of SEC, Mr Lamido Yuguda, said this at the Post Capital Market Committee (CMC) webinar press briefing on Thursday.…
By Philemon Adedeji The stock market on the Nigerian exchange limited (NGX) closed significantly on positive note amidst sell-offs and buy-interests as the benchmark All Shares Index (ASI) declined largely by 232.65 basis points. The market price was driven by…
