By Kayode Tokede Transactions on Nigerian Exchange Limited (NGX) equities market on Wednesday closed on a positive trajectory, to reverse the previous trading session loss on investors’ buy interest in Dangote Cement and 14 others. In summary, the All-Share Index…
Committed to delivering exceptional value to the Nigerian financial market and its stakeholders, FMDQ Securities Exchange Limited once again demonstrated operational excellence in the processing and approval of the Quotation of the Union Bank of Nigeria Plc N2.58 billion Series…
By Kayode Tokede The Nigeria Exchange Limited (NGX) stock market on Tuesday ended the first trading session in June in decline following price depreciation in Seplat Petroleum Development Company (SEPLAT) and 16 others. As a result, the All-Share Index (ASI) shed…
By Kayode Tokede Honeywell Flour Mills reported a profit after tax of N1.13 billion in its 2020 audited full-year financial result, which ended 31st March 2021. The food-producing company grew its bottom line by 73.1per cent from N650.49 billion recorded…
The Board of the VFD Group at its 5th Annual General Meeting (AGM) assured shareholders that it will leverage on the 2020 financial year performance, to provide valuable financial market services. The Chairman of the company’s Board of Directors, Mr.…
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.…
