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,…
By Philemon Adedeji Lafarge cement PLC on Thursday reported 31 per cent increase in gross profit for the full year audited results ended December 31, 2021. From the data released by Nigeria Exchange limited (NGX), the gross profit rose by…
At the end of today’s trading session, Presco Plc share price appreciated by 8.74% to close at N125 per share, the highest the company’s share price has been in over 10 years. This comes after the company’s shares gained 10.00%…
Dangote Sugar Plc has announced the appointment of Mr. Oscar Mbeche as Group Chief Financial Officer of the company. This was disclosed through a notice filed with The Exchange and signed by the company’s secretary, Temitope Hassan. The appointment of…
