By Kayode Tokede Trading at the Nigerian Exchange (NGX) Ltd. started the week on Monday with a marginal loss of N9 billion. Specifically, the market capitalisation which opened the week at N20.591 trillion shed N9 billion or 0.04 per cent…
By Kayode Tokede Dangote Sugar Refinery Plc has concluded plans to invest the sum of $1 billion on expansion projects after the Central Bank of Nigeria (CBN) made the firm one of the three sole importers of the sweetener into…
By Kayode Tokede Nestle South Africa has bought N156.53 million additional worth of shares in its Nigerian subsidiary, Nestle Nigeria Plc. The fresh purchase is coming a little over a week after Nestle South African bought N175.216m worth of Nestle…
By Kayode Tokede Secure Electronic Technology Plc has announced that it will be hosting its Annual General Meeting (AGM) in Lagos on the 16th of September, 2021. According to a notice signed by the company’s secretary, Immaculata Mbaso and sent…
By Kayode Tokede The Securities and Exchange Commission (SEC) on Friday vowed to clamp down on illegal capital market operators, especially operators of Ponzi Schemes. The Director-General, SEC, Mr Lamido Yuguda, read the riot act to capital market operators at…
By Kayode Tokede The stock market advanced week-on-week (W-o-W) by 1.83 per cent as bullish proceedings dominated the market amid bargain hunting in ICT and Banking stocks such as MTN Nigeria Communications (MTNN), Airtel Africa, Guaranty Trust Bank Holding Company…
By Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) in the last three days sustained positive trend amid price appreciation in large-mid capitalised stocks. The stock prices appreciation in the likes of GTCO plc, Dangote cement plc,…
By Kayode Tokede Lafarge Africa Plc has been applauded for emerging as one of the five top-performing companies blurring the gap in gender roles and encouraging equality and diversity within its ranks. Lafarge Africa’s Country Chief Executive Officer, Mr Khaled…
By Kayode Tokede The Securities and Exchange Commission (SEC) has expressed its readiness to collaborate with the Risk Management Association of Nigeria (RIMAN) in its quest to make more products available in the capital market as well as deepen the…
By Kayode Tokede Performance on the equities market of the Nigerian Exchange Limited (NGX) on Wednesday closed positive, largely driven by gains in Airtel Africa and 19 others. Consequently, the NGX All Share Index (ASI) increased by 271.84 basis points,…
