By Kayode Tokede Shareholders of Fidson Healthcare Plc, the leading indigenous pharmaceutical manufacturing company in Nigeria, will receive a dividend of 25 kobo per share. This was unanimously approved by the shareholders at the 22nd Annual General Meeting (AGM), which…
By Kayode Tokede Transactions on the nation’s bourse maintained positive outlook on Tuesday with the market capitalisation growing further by N163 billion, amid foreign investors interest in Airtel Africa and MTNN. Consequently, the market capitalisation increased by N163 billion or…
By Kayode Tokede The Nigerian Aviation Handling Company Plc (Nahco aviance) has again delighted its shareholders by paying a gross dividend of N12.50 kobo per ordinary share of 50 kobo each. This amounted to N203 million dividend payout to shareholder…
By Kayode Tokede The Nigerian Exchange Limited (NGX) stock market opened trading for the month of August on Monday with a growth of N30 billion. Specifically, the market capitalisation which opened at N20.083 trillion increased by N30 billion or 0.15…
By Kayode Tokede Africa’s first vertically integrated financial market infrastructure (FMI) group, FMDQ Holdings PLC, (FMDQ Group) held its 9th Annual General Meeting (AGM) last Friday, to transact its ordinary and special business and receive relevant approvals from its stakeholders.…
By Kayode Tokede Wema Bank has announced its unaudited half year ended June 30, 2021 (H1) financial result and accounts with strong fundamentals in income statement position as profit before tax rose significantly by 148.7 per cent to N4.3billion in…
By Kayode Tokede The Securities and Exchange Commission (SEC) in collaboration with the Nigeria Employers’ Consultative Association (NECA) is set to inaugurate the Securities Issuers Forum via webinar. This was stated by the SEC in a statement released in Abuja…
By Kayode Tokede Sterling Bank Plc has reported N5.7billion profit in half year ended June 30, 2021 unaudited result and accounts, a 5.1 per cent increase when compared to N5.4billion reported in prior half year results. The lender’s gross earnings rose…
By Kayode Tokede The Nigerian Exchange Limited (NGX) equities market recorded a positive performance in July as investors gained N324 billion. The market capitalisation, which measures the value of all equities, rose from N19.760 trillion on June 30, 2021 to…
By Kayode Tokede Dangote Sugar Refinery recorded strong improvements in performance indices in half year ended June 30, 2021, as group revenue increased by 27.8per cent to N131.95 billion in contrast to N103.23 billion recorded at the same period in…
