Gains recorded by medium and large capitalised stocks, especially Access Bank, UCAP Sovrenins, Transcop and RTBriscoe on Friday lifted market capitalisation by N20.4billion. Specifically, at the close of trading on Friday, the All-Share Index (ASI) of the Nigerian Exchange Ltd.…
Mr. Chike Obianwu, Chairman, Executive Committee Capital Market Solicitors Association of Nigeria (CMSA), on Friday, said the body would continue to its play role in the success of the Nigerian Exchange Ltd. (NGX). Obianwu said this at a digital closing…
United Capital Plc, an investment bank and Pan-African financial services group, has proposed 114 per cent dividend increase to N1.50 for every 50k ordinary share for the financial year ended Dec. 31, 2021. A statement by Mr Peter Ashade, the…
The management of Abbey Mortgage Bank plc reported during the weekend the list of additional shares of the company to the NGX main board. The notice states that the company listed an additional 3.69 billion ordinary shares of Abbey Mortgage…
The NGX closed on a flat note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 1 basis point. The NGX ASI closed at 47,102.64 points, to reflect a decline of 0.01% from the previous trading day…
The Central Bank of Nigeria on Thursday kicked against plans by the Senate to enact new anti-money laundering laws without required amendments on the existing Money Laundering (Prevention) Act 2011. The CBN Governor, Godwin Emefiele, made the position known during…
By Philemon Adedeji BUA Foods PLC on Thursdsay 17th of february reported 99.4 per cent increase in profit after tax for unaudited full year result and accounts for the period ended as at December 31, 2021. Also, the company reported…
Fidelity Bank Plc has appointed Stanley Chiedoziem Amuchie as Executive Director, Chief Operations and Information Officer following the approval by the Central Bank of Nigeria. According to a disclosure filed to the Nigerian Exchange, the appointment is in furtherance of…
By Philemon Adedeji The Nigerian Exchange (NGX) closed on a positive note amidst sell-offs and buy-interests as the benchmark All Share index (ASI) appreciated by 44 basis points. The NGX ASI closed the market February 16th, 2022 at 47109.25 points…
Lagos is set to host its first major concert of the year this weekend as leading financial institution, Fidelity Bank Plc, hosts The Euphoria concert featuring leading music acts, Johnny Drille, Chike and Fave. To be part of The Euphoria,…
