Custodian Investment Plc, a diversified non-bank financial institution, has reported that its gross revenue increased by 14 percent to N85.5 billion in 2021 despite operating in a challenging environment. The company, which disclosed this in its unaudited result for the…
The Security and Exchange Commission (SEC) has reaffirmed that it is committed to making the capital market attractive to Nigerians of all ages and economic statuses. Director-General of the SEC, Mr Lamido Yuguda stated this during a meeting with a…
The combined market capitalisation of stocks worth over one trillion (SWOOTs) appreciated by 2.70% to close at N18.23 trillion from N17.75 trillion the previous week, reflecting a gain of N478.72 billion. Stocks included in this classification are AIRTEL AFRICA, BUA…
By Seun Ibiyemi The Nigerian Exchange Ltd. on Friday moved a total of 225.69 million shares worth N2.39 billion in 4,093 deals. This was against a turnover of 346.70 million shares valued at N3.83 billion exchanged in 4,952 deals on…
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 85 basis points. The NGX ASI closed at 47,329.80 points, to reflect a growth of 0.85% from the previous trading day…
Oando, Nigeria’s leading energy solutions provider confirmed that it will release its 2019 audited financial statement at the end of Q1 2022. In a statement issued on Wednesday, February 2, the company explained that its financials were delayed as a…
Okomu oil Plc, an agro-allied company, on Thursday released its 2021 FY Unaudited Financial Statement showing stellar performance in top and bottom income line items. The financial result revealed a 60 per cent growth in revenue from N23.41 billion in…
The Nigeria exchange limited (NGX), announced during the week, the three top gainers for the month of January. Academy press PLC led as the top gainer with 88 per cent, followed by Courtville Business Solution with 50 per cent, while…
Guinness Nigeria Plc recently released its HY 2021 results ended December 2021, revealing impressive top and bottom-line growth, with Revenue standing at N109 billion, as the beer company’s Malts Division contributed N39.28 billion to Half-year 2021 revenue. This was disclosed…
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 104 basis points. The NGX ASI closed at 47,111.21 points, to reflect a growth of 1.04% from the previous trading day…
