The Securities and Exchange Commission (SEC) has dispelled insinuations in some sections of the media that MBA Capital and Trading Ltd is a registered capital market operator with the Commission. This was contained in a statement signed by the Management…
Investors on the equities market of the Nigerian Exchange Limited extended the previous day’s losses, due to sell pressure on high capitalised stock as investors lost N364 billion. Our correspondent on Monday had reported that the equities market started the…
Skyway Aviation Handling Company Plc (SAHCO) has assured shareholders of enhanced returns on their investments in the years ahead. SAHCO Chairman, Dr Taiwo Afolabi, gave the assurance at the company’s 11th Annual General Meeting (AGM) on Tuesday in Lagos. Afolabi…
The Managing Director International Breweries Plc, Mr. Hugo Dias Rocha has said, “Our dream of achieving market leadership of the beer industry in Nigeria remains unshaken as we are confident in our abilities and commitment as a team.” IB Plc,…
Omatek Ventures Plc has notified stakeholders and the investing public of its imminent Board of Directors meeting, scheduled on July 19, 2021. This is according to a disclosure signed by the Company’s secretary, Femi David Ikotun and sent to the…
The Board of Directors of Trans Nationwide Express Plc has resolved to postpone the date for its Annual General Meeting (AGM) this week. According to a notification filled with the Nigerian Exchange Group Limited, the AGM which is expected to…
The Nigerian Exchange Limited (NGX) equities market segment on Monday started the week’s trading negatively with investors investment dropping by N54billion amid renewed profit hunting activity. In summary, the All-Share Index (ASI) dropped by 103.61 basis points, representing a decline…
The Nigerian Exchange Limited (NGX) has notified investing public of the reclassification of B.O.C Gases Plc from the low-priced stock group to the medium-priced stock group, in line with its pricing methodology framework. According to the Exchange, “Equity securities of…
The Nigerian Exchange Limited (NGX) has halted trading in the shares of Guaranty Trust Bank (GTBank) Plc, as the bank moves to its transition to a holding company. The transaction is to enable Nigeria’s biggest lender by market value consolidate…
Investors’ profit-taking on the Nigerian Exchange Limited (NGX) downed the equities market segment in four active days trading last week. The market capitalisation opened for trading at N20.409trillion, N266billion or 1.3per cent decline from N20.143trillion it opened for trading, while…
