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,…
NOVA Merchant Bank, a leading merchant bank in Nigeria, has announced that its N20 billion Series 1 & 2 Commercial Paper issuance under the Nova Merchant Bank Limited N50 billion CP Programme is now open. The company said the offer…
The Nigerian stock market on Tuesday remained bullish as bargain hunting in Flour Mills of Nigeria and 27 others underpinned its performance with a gain of N1 billion. In summary, the All-Share Index (ASI) grew by 1.54 points, representing an…
Honeywell Flour Mills Plc released its Q3 Unaudited Financial Statement, revealing a 26.77% growth in revenue from N25.22 billion to N31.97 billion in the current period. The company reported a loss after tax of N145 million from a profit position…
