…Approves dividend of N1.50k for shareholders By Philemon Adedeji United Capital PLC has reported 44.13 per cent increase in profit for audited full year result and accounts for the period ended as at December, 31st 2021. The group on the…
Makurdi Magistrates’ Court on Tuesday remanded three persons for allegedly impersonating a public servant and forgery. The Magistrate, Mrs Ajuma Igama, did not take the plea of the defendants for want of jurisdiction. Igama ordered that the defendants – Terseer…
By Philemon Adedeji The equities market on Nigerian exchange limited closed flat on a positive note amidst sell-offs and buy interests as the benchmark All Share Index (ASI) appreciated by 12.99 basis points. The Nigerian exchange limited ASI closed the…
The newly elected Vice-President, global Central Securities Depositories (CSDs), Africa and Middle East Depositories Association (AMEDA), says he will work toward achieving a broader capital market development. Mr Haruna Jalo-Waziri, in a statement in Abuja on Tuesday, assured stakeholders that…
The Small and Medium Enterprises Development Agency (SMEDAN), on Tuesday signed a Memorandum of Understanding (MoU) with three companies to develop Small and Medium Enterprises (SMEs). This according to the agency will be done through crowdfunding, cashless services and insurance.…
By Philemon Adedeji Nigerian Breweries PLC on Monday 21st of February 2022, Reported 72 per cent increase in profit for audited full year result and accounts for the period ended December 31, 2021. Also, the group reported N104.5 per cent…
Zenith Bank Plc share price continues to surpass GTCO’s, as investors’ rally in and take position in the banks’ shareholding ahead of its FY 2021 result disclosure, hence. taking the price to N26.95 per share, compared to GTCO’s share price…
Flour Mills of Nigeria Plc has announced the appointment of Ms. Yewande Sadiku to the Board of Directors of the company. The announcement was made today, via a disclosure signed by the company’s secretary, Umolu Joseph and filed with the…
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…
