By Kayode Tokede The Board of LASACO Assurance Plc, has approved the appointment of Mr Razzaq Abiodun as the new Managing Director of the company, following the retirement of the former Managing Director, Mr Segun Balogun. This is according to…
By Kayode Tokede Foremost diagnostic firm, Union Diagnostics and Clinical Services Plc, says it has received approval from the Securities and Exchange Commission (SEC) and other agencies to delist its shares from the Nigerian Exchange Limited (NGX). The indigenous medical…
By Kayode Tokede As Nigerian Exchange Group Plc (NGX Group) is set for its maiden Annual General Meeting (AGM) after its demutualisation, members of the Association of Securities Dealing Houses of Nigeria (ASHON) have renewed confidence in the organization and…
By Kayode Tokede Stanbic IBTC Holdings Plc has announced 50.1 per cent drop in profit for half year ended June 30, 2021 amid weak gross earnings and hike in total operating expenses. The Group profit for H1 2021 dropped to…
By Kayode Tokede The equities market of Nigerian Exchange Limited (NGX) on Monday closed on a negative note, to halt the two consecutive days of bullish sentiment. The downturn was due to market watchers’ sell-off sentiment in the consumer goods…
By Kayode Tokede The investors at the equities market of the Nigerian Exchange Limited (NGX) traded shares valued at N2.872 billion as market indices was relatively flat. The NGX All-Share Index (ASI) shed 1.60 basis points, representing a decrease of…
By Kayode Tokede The equities market of the Nigerian Exchange Limited (NGX) has been ranked as the best investment asset class to hedge against inflation from August 2020 to August 2021. The Financial Derivatives Company (FDC) disclosed in the inflation…
By Kayode Tokede In a continuous bid to demonstrate its commitment to the development of the Nigerian capital markets, FMDQ Securities Exchange Limited (FMDQ Exchange), through its Board Listings and Markets Committee, approved the quotation of the Mixta Real Estate…
By Kayode Tokede The equities market of the Nigerian Exchange Limited (NGX) last week closed on bearish sentiments with the local bourse recording losses in three of the five trading sessions of the week. Our correspondent gathered that was sell-offs…
By Kayode Tokede The Securities and Exchange Commission (SEC) has unveiled plans to reduce its operating costs in order to boost profitability within the next two years. The Director-General, SEC, Mr Lamido Yuguda in a statement noted that the Commission…
