By Kayode Tokede eTranzact International Plc has released its earnings forecast for the third second quarter (Q3) ending September 30th , 2021 at the Nigerian Exchange Limited (NGX) with a revenue of N5.926 billion up from N4.689 billion forecasted for…
By Kayode Tokede The Board of underwriter, LASACO Assurance PLC has appointed Razzaq Abiodun as its new Managing Director and chief executive officer, following the retirement of Segun Balogun at the end of May, 2021. Gertrude Olutekunbi, company secretary of…
By Kayode Tokede Investors on the Nigerian Exchange Limited (NGX) equities market on Tuesday lost N340 billion following sell-offs in Airtel Africa Plc and 25 others. As a result, the All-Share Index fell by 648.99 basis points, representing a drop…
By Kayode Tokede Red Star Express Plc, a quoted firm on the Nigerian Exchange (NGX) that is into provision of courier, freight forwarding and logistics services, mailroom management services, warehousing, e-commerce has released a forecast of income forecast for second…
Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings Plc, has launched a N100bn infrastructure fund designed for institutional investors such as pension fund administrators, insurance companies, asset managers and high-net-worth individuals. It said this in a statement on…
The equities market maintained its positive performance for the second week running as investors swooped on stocks with attractive dividend yields ahead of first half (H1) 2021 interim declarations. The high demand lifted the Nigerian Exchange (NGX) Limited All-Share Index…
Wema Bank has said that ALAT users nationwide with active accounts who have done at least three transactions in the last six months and also referred other users will be rewarded with cash prizes. In a statement titled ‘ALAT to…
The Nigerian Commercial Paper (CP) market continues to demonstrate resilience and consistency in providing succour to corporates across diverse sectors by offering a viable platform for these institutions to raise finance to fund their capital requirements. As the leading organiser…
By Kayode Tokede NASD OTC Securities Exchange Market closed on a positive note YTD as the market recorded an increase in performance. NASD Security Index Year to date returns increased by 0.61per cent Total volume traded Year-to-Date stands at 383,544,271…
By Kayode Tokede First Bank of Nigeria Limited has announced its lead sponsorship of the movie titled ‘Ayinla,’ which premiered on Sunday, 13th June 2020. The movie is suspense-driven, narrating the life of Ayinla Yusuf, popularly known as Ayinla Omowura…
