Only three states in Nigeria can survive without support from the Federal Government. This was disclosed in BudgIT’s report ‘State of States, 2021 edition: Fiscal Options for Building Back Better’ released on Tuesday. According to BudgIT, these three states are…
The Nigerian stock market rebounded on Wednesday to halt the bearish sentiment of two consecutive trading days with a growth of N382 billion. The News Agency of Nigeria (NAN) reports that the market capitalisation rose by N382 billion or 1.89…
By Kayode Tokede Nigerian Exchange Limited (NGX) on Tuesday dropped by N3 billion in trading activities on the equities market , to extend the bearish sentiment to two consecutive trading days on sell-off in 15 stocks. In summary, the NGX…
By Kayode Tokede Nigerian Exchange (NGX) Limited has concluded plans to bring together leading industry experts to discuss digital transformation in Nigeria’s capital market at its inaugural TechNovation Conference on Thursday. NGX TechNovation Conference is a flagship event that provides…
By Kayode Tokede Following the communication to the Nigerian Exchange Limited and to the esteemed shareholders, dated September 7, 2021, on the planned suspension of trading on the shares of AXA Mansard Insurance Plc on September 09, 2021, in order…
By Kayode Tokede Ellah Lakes Plc has announced its audited results for the full year ended July 31, 2021 with N563.3million loss as against N309.37million loss reported in 2020 financial year. The company also reported N562.8million operating loss in 2021…
By Kayode Tokede The equities market of the Nigerian Exchange Limited (NGX) on Monday closed transactions on a negative sentiment to halt the bullish sentiment of two consecutive trading sessions, as the market receded by 0.25 per cent. The downturn…
By Kayode Tokede Guinness Nigeria Plc has declared a final dividend of N0.46k per 50 kobo ordinary share, which amounts to N1.01 billion for the financial period ended June 30, 2021. This is according to a notice signed by the…
By Kayode Tokede Access Bank Plc, a leading full service Nigerian commercial bank with presence in 11 African countries, has announced plans to issue additional 5-Year USD denominated Tier 1 Eurobond, in furtherance of its Global Medium-Term Note Issuance Programme.…
By Kayode Tokede Dangote Cement Plc, has notified shareholders and the investing public of its forthcoming Board of Directors meeting scheduled to hold on October 28, 2021. This is according to a notice signed by the company’s secretary, Edward Imoedemhe,…
