capital market

CSCS shareholders approve N5.85bn dividend

By Kayode Tokede The Shareholders of the Central Securities Clearing System (CSCS) Plc., at its 27th Annual General Meeting (AGM), approved N1.17 dividend per share payout to all qualified shareholders. The Chairman of the Board of Directors, Mr. Oscar Onyema…

Cititrust to list N2bn shares on NGX

By Kayode Tokede Cititrust Financial Services Plc has proposed an allotment of two billion naira shares to be listed on the Nigerian Exchange (NGX) Ltd after meeting all the regulatory requirements. Country Director/Chief Executive Officer of Cititrust, Mr Ikechukwu Peter …

IMF forecasts global economic growth at 6%

By Kayode Tokede International Monetary Fund (IMF) has predicted global economic growth of six per cent in 2021, moderating to 4.4 per cent in 2022. IMF disclosed this in its latest economic outlook, stating that “Global prospects remain highly uncertain,…