Rak Unity Petroleum Company Plc, a major distributor of petroleum products in Nigeria, has announced plans to wind up its business, subject to the approval of the members of the company in the imminent general meeting. This decision was reached…
The Association of Securities Dealing Houses of Nigeria (ASHON) says the Nigerian capital market has the capacity to survive the ongoing insecurity and macroeconomic vagaries militating against investment opportunities in the country. The Chairman, ASHON Chief Onyenwechukwu Ezeagu in a…
The Board of Directors of Fidson Healthcare Plc has proposed a final dividend of 25 kobo for every share of 50 kobo held by shareholders, amounting to a total of N521.6 million for the year ended 2020. This is according…
The Nigerian Exchange Limited (NGX) equities market on Thursday closed on a green note with 0.10 per cent gain, taking the market to three consecutive gaining sessions. The bullish sentiments persist as bargain hunters continue to take positions in bellwethers…
By Kayode Tokede The Nigerian Exchange Limited (NGX) on Wednesday sustained the bullish momentum with N151 billion gain, following bargain hunting in Dangote Cement and 24 others. The All-Share Index (ASI) grew by 289.25 basis points, representing a growth of…
The Federal Ministry of Finance, Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), Nigeria Exchange Group (NGX), are among the top agencies and institutions to headline the Investors Conference organized by the Association of Asset Custodians of Nigeria…
Sterling Bank Plc has forecasted a profit after tax of N4.04billion in its unaudited result and accounts for third (Q3) ended September 30, 2021. Sterling Bank Plc has released its earnings forecasts for the third quarter of 2021 (Q3 2021).…
By Kayode Tokede The Nigerian Exchange Limited on Tuesday closed on a positive note, to reverse the previous day’s trading loss, as investors’ gained up by N102 billion. The bullish performance was due to investors’ buy interest in Industrial Goods,…
Kayode Tokede with News Agency Some operators have advocated introduction of capital market studies in secondary schools in Nigeria. They said the introduction would adequately equip younger Nigerians for equitable investment opportunities and better investment culture. The operators gave the…
The Central Bank of Nigeria (CBN) has displayed its commitment towards the development of the Foreign Exchange (FX) market and indeed, the Nigerian financial market, as the apex bank, in collaboration with FMDQ Securities Exchange Limited (FMDQ) and FX Authorised…
