By Kayode Tokede The equities market of the Nigerian Exchange Limited (NGX) on Thursday closed trading activities in the green, as the market bounced back from the previous day trading session loss with a gain of N14.33 billion. Yesterday’s positive…
By Kayode Tokede FMDQ Securities Exchange Limited (‘FMDQ Exchange) yesterday said it has admitted N19.6billion FSDH Merchant Bank Limited’s Commercial Papers (CP) Issuance Programme on its platform. The Exchange said it has approved for quotation of the FSDH Merchant Bank…
By Kayode Tokede LASACO Assurance Plc has reported an increase in its total assets by 11 per cent to N20.5 billion in its financial year ended 31st December 2020, from N18.5 billion it recorded in 2019. The Insurance, also, declared…
By Kayode Tokede Transaction on the equities market of the Nigerian Exchange Limited (NGX) on Wednesday closed negative with 0.03 per cent declined, reversing the rally recorded in the previous trading session. The bearish performance was buoyed by investors’ profit-taking…
By Kayode Tokede The management of Stanbic IBTC Holdings Plc has explained the delay in the release of its half year audited result for the period ended July 31. The Company Secretary, Stanbic IBTC Holdings, Mr. Chidi Okezie said this…
By Kayode Tokede Eterna Plc on the Nigerian Exchange Limited (NGX) on Wednesday announced that Preline Limited has acquired 60.98 per cent stake. The Company Secretary/ Legal adviser, Eterna, Bunmi Agagu in a statement on the NGX said, “We refer…
By Kayode Tokede The Nigerian Exchange (NGX) Ltd. has announced that the 2021 edition of its annual Factbook (X-FactBook) would be released on Aug. 26 in digital-only version after 41 years in print. The Chief Executive Officer, NGX, Mr Temi…
By Kayode Tokede Trading on the nation’s bourse returned to positive territory on Tuesday due to investors’ interest in some blue chips. Specifically, the All-Share Index, which opened at 39,434.69 inched higher by 25.99 points or 0.07 per cent to…
By Kayode Tokede The Board of Directors, Transnational Corporation of Nigeria (Transcorp) Plc, has formally announced appointment of Mr Oliver Andrews, as an Independent non-Executive Director, from Aug. 23. This is contained in a notice dated August 23, signed by …
By Kayode Tokede The value of the securities lending market of Nigerian Exchange (NGX) Limited has risen to N513million as at 20 August 2021. According to NGX, most recent reports, there has been an uptick in stakeholders’ participation as 2.3…
