By Kayode Tokede Equities market transactions on the Nigerian Exchange Limited (NGX) on Tuesday closed on a positive trajectory as market recovers by N28.94billion. In summary, the NGX All-Share Index (ASI) increased by 55.50 basis points, representing a growth of…
By Kayode Tokede Neptune Hill Company Limited, a significant shareholder has announced the acquisition of an additional 15.6 million units of Julius Berger Nigeria Plc shares, worth N315.06 million. This is according to a notification signed by one of the…
By Kayode Tokede The Board of Directors of Aluminium Extrusion Industries Plc have announced the resignation of three Non-Executive Directors from its Board. According to a notification sent to the Nigerian Exchange Group Limited (NGX) and seen by Nairametrics, the…
By Kayode Tokede Cowrywise has received a fund/portfolio management license from Securities and Exchange Commission (SEC). This will enable the Nigerian-based fintech company to operate as a full-fledged portfolio management company. This fund/portfolio management licence from SEC will enable the company to…
By Kayode Tokede University Press Plc has reported 55 percent drop in its full year ended March 31, 2021 audited result and accounts and proposed a dividend of N0.05. The company profit closed 2021 financial year at N57.11million from N127.2million…
By Kayode Tokede Chams, an Africa-focused provider of intelligent business solutions has notified the Nigerian Exchange Limited (NGX) and the investing public of the completion of its balance sheet restructuring exercise following the receipt of regulatory approvals. The Balance Sheet…
By Kayode Tokede Nigerian Exchange Limited (NGX) has announced the rebranding of all its existing indices by changing the prefix from Nigerian Stock Exchange (NSE) to NGX. The transition, which is effective Monday, leverages on the new brand identity of…
By Kayode Tokede The Nigerian Exchange Limited (NGX) equities market on Monday closed the first trading activities of the week on a bearish note, with a decline of N34.33 billion on profit-taking in high capitalised stocks. In summary, the All-Share…
A new study by Standard Chartered has said Nigeria risks losing $34.3billion in annual export earnings if it does not cut carbon emissions in line with the net-zero plans of the biggest multinational companies operating in the country. The study,…
By Kayode Tokede The Federal Government has commended the Nigerian Exchange (NGX) Limited for its efforts in ensuring that the Nigerian capital market (NCM) is deepened. The Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, made the commendation…
