By Kayode Tokede Conoil Plc has reported 27 per cent drop in its profit to N1.44billion in audited results for full year ended December 31, 2020 from N1.97billion reported in full year ended December 31, 2019. Similarly, profit before tax…
By Kayode Tokede NPF Microfinance Bank Plc has approved the sum of N457.3 million as dividend to be paid to the shareholders who currently hold the 2,286,637,766 fully paid ordinary shares of the bank. This disclosure is part of the…
By Kayode Tokede FMDQ Securities Exchange Limited, the choice platform for the registration, listing, quotation and trading of securities in Nigeria, has through its Board Listings and Markets Committee, approved the quotation of the Fidson Healthcare PLC N4.50 billion Series…
By Kayode Tokede Investors on the Nigerian Exchange Limited equities market on Monday gained N94.29billion as transactions closed on a bullish note to end the last trading day of May positive. In summary, the All-Share Index (ASI) increased by 180.93…
By Kayode Tokede The Nigerian Commercial Paper (CP) market continues to provide corporate entities across the various sectors of the Nigerian economy, an avenue to raise funds to meet shortfalls in their working capital, as well as other short-term expenditures.…
By Kayode Tokede A turnover of 1.037 billion shares worth N9.471 billion in 17,577 deals were traded last week on Nigerian Exchange Limited last week by investors, in contrast to a total of 1.048 billion shares valued at N11.543 billion…
By Kayode Tokede Total domestic and foreign transactions on the equities market of Nigerian Exchange Limited (NGX) dropped by 30.01 per cent from N228.49billion in March 2021 to N159.93billion in April 2021. This is according to NXG “Domestic and Foreign…
By Kayode Tokede Nigerian Exchange (NGX) Limited in collaboration with REDMoney Group hosted the 3rd edition of the Islamic Finance News (IFN) Nigeria Roadshow 2021 on Wednesday, 26 May 2021 with the Chief Executive Officer, NGX, Mr. Temi Popoola, CFA…
By Kayode Tokede The Securities and Exchange Commission (SEC) has directed all existing investment crowdfunding portals/digital commodities investment platforms to see requirements and eligibility criteria for raising funds through and operating a Crowdfunding Portal. SEC also urged compliance with the…
By Kayode Tokede Total domestic and foreign transactions on the equities market of Nigerian Exchange Limited (NGX) dropped by 30.01 per cent from N228.49billion in March 2021 to N159.93billion in April 2021. This is according to NXG “Domestic and Foreign…
