By Kayode Tokede Airtel Africa Plc has announced the appointment of Ms Tsega Gebreyes as an Independent Non-Executive Director with immediate effect. This is contained in a notice signed by Airtel Africa’s Company Secretary, Mr Simon O’Hara, posted on the…
By Kayode Tokede The Nigerian Exchange Limited (NGX) equities market on Monday closed transaction on a negative note to halt the seven consecutive days gaining outcomes. The negative downturn was due to sell-off sentiments in majorly Consumer Goods and Industrial…
By Kayode Tokede Nigerian Breweries Plc share price on Monday declined by 6.06per cent to close at N46.50 per share, its new 52-week low, taking the market capitalization from N395.85 billion to N371.86 billion. The international breweries recorded a decline…
By Kayode Tokede The Chief Executive Officer of Cutix Plc, Mrs. Oduonye Ijeoma Agnes, has sold off 795,000 units of the company’s shares, valued at ¦ 3.9 million. This is contained in a notice signed by the company’s secretary, Chinwendu…
By Kayode Tokede The Nigerian Exchange Group Plc (NGX Group) says it will leverage organic and inorganic growth opportunities for business expansion across relevant business categories to increase global competitiveness. The Group Chief Executive Officer, NGX Group, Mr. Oscar Onyema,…
The Nigerian Exchange Limited (NGX) equities market last week sustained its bullish sentiment amid sustained investors’ interest in banking shares. Hence, given the bullish sentiment in the equities space, the NGX All-Share Index (ASI) rose week-on-week (W-o-W) by 1.61 per…
The World Investor Week (WIW) 2021, hosted by the World Federation of Exchanges, the global industry group for Exchanges and Central Counterparties, in partnership with the International Organisation of Securities Commissions, is a global campaign aimed at raising awareness on…
The Securities and Exchange Commission (SEC) has granted MTN Nigeria Communications approval to launch its series II 10-year Fixed Rate Bond (Series II Bond), MTN’s Company Secretary, Mrs Uto Ukpanah, announced in a notice. The notice explained that the transaction…
The nation’s bourse maintained postive trading on Friday, extending gaining streak by 0.10 per cent. Specifically, the market capitalisation which opened at N21.275 trillion increased by N20 billion or 0.10 per cent to close at N21.295 trillion. Also, the All-Share…
The Nigerian Exchange (NGX) Limited has advised investors to consider long-term investments, for maximum returns from those on listed companies. The Head, Market Surveillance/Investigation, NGX Regulation, Mr Abimbola Babalola, gave the advice at a virtual training to commemorate the 2021…
