By Kayode Tokede FMDQ Securities Exchange Ltd. has recorded a turnover of N15.31 trillion in the Fixed Income and Currency (FIC) in the month of June. FMDQ in its monthly FIC report disclosed that the turnover represented an increase of…
By Kayode Tokede Transactions on the Nigerian stock market on Monday closed on a positive note, as bulls extended the winning streak to five consecutive trading sessions on the positive performance of Airtel Africa and 28 others. The Nigerian Exchange…
By Kayode Tokede Ecobank Transnational Incorporated (ETI) Plc has reported 29 per cent increase in profit to N62.55billion in unaudited result and accounts for half year (H1) ended June 30, 2021 from N48.53billion reported in H1 2020. ETI in its…
By Kayode Tokede With hike in cost of sales and total operating expenses, Nascon Allied Industries Plc has reported 2.5 per cent drop in profit as reported in its half year (H1) ended June 30, 2021 result and accounts. The…
By Kayode Tokede The Nigerian Exchange Limited (NGX) equities market last week rose by 1.90 per cent on impressive released first half (H1), 2021 earnings corporate results. Capital market analysts noted that impressive H1 earnings results from Total Nigeria and…
By Kayode Tokede With a decline in gross earnings and interest income, Africa Prudential Plc has reported 24 per cent drop in profit as stated in unaudited half year (H1) result and accounts for period ended June 30, 2021. The…
By Kayode Tokede The NASD OTC Securities Exchange Market closed last week on a positive note, gaining 0.04per cent to close the week at 754.43 basis points against 754.11 basis points it opened for trading. Our correspondent gathered that the…
Investment announcements in Nigeria fell to $1.69bn in the second quarter of this year from $8.41bn in Q1, indicating a decline of about 80 per cent, a new report by the Nigerian Investment Promotion Commission has said. The report said…
The key market indices of the Nigerian Exchange improved further by 0.21 per cent on Friday, ahead of the Monetary Policy Committee (MPC) meeting. The MPC is expected to hold its fourth meeting of the year on July 26 and…
By Kayode Tokede The Nigerian Exchange Limited (NGX) equities market on Thursday resumed from the Sallah holidays to a positive performance as the market capitalisation gained N330 billion to cross N20 trillion mark. Market analysts said that the price appreciation…
