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…
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 …
By Kayode Tokede Investors on the Nigerian Exchange Limited (NGX) equities market segment lost N148billion on Tuesday as the market closed on a negative trajectory, to extend the bearish sentiments to two consecutive trading losses. The decline was triggered by…
By Kayode Tokede The Federal Government says it will continue to engage and collaborate with the Nigerian Exchange Group (NGX Group) and the private sector to transform the economy and improve the welfare of Nigerians. President Muhammadu Buhari said this…
By Kayode Tokede FMDQ Securities Exchange Limited (FMDQ Securities Exchange) has continued to fulfill its mandate to further deepen and effectively position the Nigerian Debt Capital Market (DCM) for growth, in support of the realisation of a globally competitive and…
By Kayode Tokede The domestic equities market on Monday began trading this week with 0.44 per cent loss as the benchmark index declined on high capitalised stock. The All-Share Index (ASI) decreased 175.42 basis points, representing a decline of 0.44…
By Kayode Tokede Briclinks Africa Plc has announced to Nigerian Exchange Limited (NGX) and stakeholders the late filing of 2020 audited and first quarter ended March 31, 2021 financial statement. Briclinks Africa’s Chief Technology Officer, Paul Nwigwe in a statement…
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,…
By Kayode Tokede The NASD OTC Securities Exchange Index closed last week with a negative return on NSI. The NSI return decreased by 1.24% to close the week at 768.42 basis points against 778.03 basis points on prior week’s trading.…
By Kayode Tokede The equities market of the Nigerian Exchange Limited (NGX) gained 0.72 per cent in three days to close (week-on-week) at 39,481.89 basis points from 39,198.75 basis points it opened for trading. It was a brief trading week…
