By Kayode Tokede The World Federation of Exchanges (WFE), has elected Mr Oscar Onyema, the Group Managing Director/Chief Executive Officer of the Nigerian Exchange Group (NGX Group) Plc, to its Board. The Exchange in a statement said, the achievement was…
By Kayode Tokede United Capital Plc, has announced the appointment of Ms Tokunbo Ajayi as a Non-Executive Director, effective immediately. The Company Secretary, Mr Leo Okafor disclosed in a notice posted on the website of the Nigerian Exchange (NGX) Limited…
By Kayode Tokede The equities market of the Nigerian Exchange Limited (NGX) depreciated by N177 billion in its Week-on-Week (W-o-W) performance over aggressive profit-taking. The market capitalisation fell by N177 billion W-o-W to close at N20.279 trillion as most highlight…
By Kayode Tokede The equities market of the Nigerian Exchange Limited (NGX) ended trading activities on a bearish note, thereby extending the losing streak to four consecutive trading sessions. The performance was buoyed by investors’ profit-taking sentiments in all the…
By Kayode Tokede Shareholders of Nigerian Exchange Group Plc (NGX Group), formerly The Nigerian Stock Exchange (NSE), on Thursday voted in support of the resolutions presented by the Group at its 60th Annual General Meeting (AGM). The meeting, which is…
By Kayode Tokede The President/Group Chief Executive Officer, Transnational Corporation (Transcorp) of Nigeria Plc, Owen Omogiafo has said the Conglomerate aims at improving lives and transforming the nation’s economy. While delivering the financial performance of the company for half year…
By Kayode Tokede The equities market of the Nigerian Exchange Limited (NGX), closed negative on Wednesday with the market capitalisation dropping by N24 billion taking the trading losses to three consecutive sessions. Consequently, the market capitalisation which opened at N20.450…
By Kayode Tokede MTN Nigeria Communications Plc, has announced the renewal of its Unified Access Service (UAS) and Spectrum for wireless local loop 900MHz and 1800MHz band licences. This is contained in a notice by MTN Nigeria signed by the…
By Kayode Tokede Jaiz Bank Plc, has secured an additional $25million line of financing (LOF) from Islamic Corporation for the Development of the Private Sector (ICD), to support Small and Medium Enterprises (SMEs) in Nigeria. This is according to a…
By Kayode Tokede AXA Mansard Insurance Plc, has obtained pre-requisite regulatory approvals to reconstruct its shares, from a nominal value of 50 kobo to N2 per share. This is according to a disclosure signed by the company’s secretary, Mrs Omowunmi…
