By Kayode Tokede The Board of Nestle Nigeria Plc has approved a final dividend payment of N28.14 billion representing N35.50 per share for the 2020 financial year at the 52nd Annual General Meeting (AGM)of the company, held at Ilupeju, Lagos…
By Kayode Tokede Performance of the Nigerian Exchange Limited (NGX) equities market last week gained N292billion amid renewed bargain hunting. The bulls returned strongly to the local bourse after defeating the bears in three of the week’s five trading sessions,…
By Kayode Tokede The Nigerian Exchange (NGX) Limited has announced that it has received approval for seven derivatives contracts from the Securities and Exchange Commission (SEC) on June 28. The NGX Chief Executive Officer, Mr Temi Popoola, disclosed this in…
By Kayode Tokede Investors on Nigerian Exchange Limited on Thursday lost N4.55 billion as the equities market closed in a downward trajectory, halting the two sessions gaining streaks to commence trading for the month of July. Market analysts stated that…
By Kayode Tokede The board and directors of Guaranty Trust Bank Plc (GTBank), Access Bank Plc and Fidelity bank Plc have announced to the Nigerian Exchange Limited (NGX) plans to meet over half year audited result and accounts for period…
By Kayode Tokede The board and management of Presco Plc has approved the company’s fundraising from debt market. In a corporate disclosure released by Presco and signed by the Company Secretary, Patrick Uwadia Esq., Presco notified the Nigerian Exchange Limited…
By Kayode Tokede The scheme of merger between CAP PLC and Portland Paints and Products Nigeria Plc became effective on Thursday, July 1, 2021 following the approval of the scheme of merger at the respective court-ordered meetings of the two…
By Kayode Tokede The Nigerian Exchange (NGX) Limited on Wednesday closed in a northward direction as market capitalisation gained by N139.94 billion to close trading activities for the first half (H1) of 2021. The NGX All-Share Index (ASI) grew by…
By Kayode Tokede Zenith bank Plc has announced the appointment of Omobola Ibidapo-Obe Ogunfowora as an Independent Non-Executive Director of the bank. The lender stated this on Wednesday in a statement by Michael Osilama Otu Company Secretary / General Counsel,…
By Kayode Tokede Flour Mills of Nigeria Plc (FMN) has reported 126 percent increase in profit after tax to N25.72billion in 2021 audited results for period ended March 31, 2021 as against N11.37billion reported in full year ended March 31,…
