The domestic equities market sustained its positive run on Thursday as demand for Lafarge Africa and FBN Holdings spurred a third consecutive gain in the market. Specifically, the All-Share Index inched higher by 131.19 points or 0.30 per cent to…
The Chartered Institute of Brokers (CIS) is backing the Securities and Exchange Commission (SEC) to introduce charges on fixed income securities in Nigeria’s capital market. The CIS president, Mr Olatunde Amolegbe, said this in an interview with the journalists on…
BUA Foods Plc (“BUA Foods” or the “Company”) says it has received approval to list on the Main Board of The Nigerian Exchange (“NGX”). A statment made available to Nigerian NewsDirect read, “BUA Foods has satisfied the listing requirements of…
By Seun Ibiyemi and Philemon Adedeji The Nigerian equities market continued trading with positive sentiments on Wednesday with a growth of 1.05 per cent due to gains posted by Airtel Africa and 20 others. Thus, the All-Share Index advanced by 1.05…
Unity Bank Plc, in company of other banks has facilitated a credit facility of N15.5bn for the acquisition of trucks and equipment to Julius Berger Plc. The group Managing Director and Chief Executive Officer of SCOA Nigeria Plc, Dr Massad…
The NGX starts the new year on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 77 basis points. The NGX ASI closed at 43,046.78 points, to reflect a growth of 0.77% from the…
The Nigerian Exchange (NGX) Ltd has announced the results of its full year market index review to enable investors to follow market movements and manage investment portfolios. This is contained in a statement by the NGX made available to Nigerian…
Berger Paints Plc has informed The Exchange, stakeholders, and the general investing public of a change in leadership. According to the notice filed with the Nigerian Exchange and signed by the company’s secretary, Ayokunle Ayoko, the current Managing Director/CEO of…
The stock market of the Nigerian Stock Exchange had a wrap in a positive note despite investors’ aggressive profit-taking to celebrate Christmas and Happy New Year. Closing positive means the local market investors opted to invest in active companies despite…
Deposit money banks have witnessed an increase in foreign exchange demand due to the central bank’s ban of forex sale to Bureaux De Change (BDCs). This was disclosed by CBN Deputy Governor, Adamu Edward Lametek in his statement at the…
