By Philemon Adedeji The stock market of the Nigerian exchange limited (NGX), yesterday closed marketing activities marginally on a positive note amidst sell-offs and buy-interests as the benchmark All Share Index (ASI) is appreciated with 132.74 basis points. Specifically, the…
Nigerian Exchange Group of Companies joined over 100 securities exchanges around the world to celebrate the 2022 International Women’s Day and Ring the Bell for Gender Equality in collaboration with International Finance Corporation (IFC), Sustainable Stock Exchanges (SSE) Initiative, United…
By Philemon Adedeji Ardova PLC on Wednesday announced 5 per cent increase in revenue for the full year unaudited result as at December 31, 2021. The group reported growth of total assets which appreciated with huge 87 per cent from…
The equities market closed in a downward trend on Tuesday as market capitalisation decreased by N58 billion, following losses recorded by large and medium capitalised stocks. The overall market capitalisation which lost N58 billion closed at N25.413 trillion from the…
The owners of First Bank Ltd (FBNH) has transferred Mr Seye Kosoko, the former company secretary of FBNH replacing him with Mr Adewale Arogundade who takes over in acting capacity. Mr Kosoko has now been transferred to First Bank to…
By Philemon Adedeji Nestle Nigeria PLC on Tuesday 8th of March declared 10.5 per cent increase in gross profit for 2021,for full year audited results, from N119.2 billion at the end of 2020 financial year to N131.8 billion at the…
The equities on Monday extended it losing streak with the All Share Index(ASI) dropping by 0.01 per cent as sustained sell-off was witnessed on most insurance companies. They include Nigeria Insurance, American International Insurance Company (AIICO) and Linkage Assurance. Specifically,…
Guaranty Trust Holding Co Plc has disclosed a final dividend payment of N2.70 kobo for every 50 kobo ordinary share for the financial year ended December, 2021. This takes the total dividend for the financial year to N3.00 kobo, made…
Seplat Energy Plc has clarified that its Sale and Purchase Agreement (SPA) with ExxonMobil has not been terminated. The clarification from the indigenous oil company follows some newspaper and social media reports that the Nigerian National Petroleum Company Ltd. (NNPC)…
By Philemon Adedeji Guaranty Trust Holding Company at the close of the week announced 13 per cent decrease in profit for the 2021 full year audited financial statement reporting a profit from N201.4 billion corresponding period of 2020 to N174.8…
