At the end of today’s trading session, WAPCO Plc led top losers as share price depreciated by 9.94% to close at N22.20 per share, taking the market capitalization from N397.06 billion to N357.59 billion. WAPCO Plc, today recorded a loss…
Managing Director and Regional Executive, Ecobank Nigeria, Patrick Akinwuntan, has disclosed that the bank will continue to support Small and Medium Enterprises (SMEs) and take banking to the doorsteps of Nigerians through its agency banking network and its digital financial…
The combined market capitalization of stocks worth over 1 trillion depreciated by 2.84% to close at N15.39 trillion from N15.84 trillion the previous week, reflecting a loss of N449.36 billion. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE…
About 70 million active mobile line owners in Nigeria do not have bank accounts, the Chief Executive Officer of eTranzact International Plc., Niyi Toluwalope, has said. Mr Toluwalope made the disclosure at the Capital Market Correspondents Association of Nigerian (CAMCAN)…
By Racheal Oyelola The Speaker, Taraba State House of Assembly, Joseph Albasu Kunini has observed that many languages in the State and Nigeria at large may end up extinct if scholars fail to revive them. Kunini made the observations at…
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 51 basis point. The NGX ASI closed at 42,247.98 points, to reflect a decline of 0.51% from the previous trading day…
The nation’s external reserves fell by $610m last month, figures obtained from the Central Bank of Nigeria on Thursday revealed. The reserves dropped to N$41.22bn as of November 29 from $41.83bn on October 29. The CBN also disclosed that at…
Guinness Nigeria, a subsidiary of Diageo Plc, and a leading total beverage alcohol company in Nigeria has posted a revenue of N47.46 billion for its first quarter period ended 30 September 2021. The unaudited results which were released to the…
Activities on the Nigerian Exchange Ltd. (NGX) resumed the month of December on Wednesday in red with a loss of N409 billion due to profit taking in MTN Nigeria Communications (MTNN) and 22 others. Specifically, the market capitalisation which opened…
Africa’s global bank, United Bank for Africa (UBA) Plc yet again, has reaffirmed its leadership position across Africa, as the bank has been globally recognised as the African Bank of the year 2021 by the Banker Magazine, a leading global…
