The Federal Government of Nigeria (FGN), through the Debt Management Office (DMO) has opened the sale of its Savings Bond to retail investors with a lower return than last four months auctions. The offer which opened Monday July 1, closes…
The Nigerian equities market sustained its positive run with investors making N374 billion in profit at the close of trading on Friday. This followed the growth in share prices of UCAP, LASACO, and CWG, amongst others on the trading floor…
Shareholders of MRS Nigeria Limited have approved the voluntary delisting of the company’s shares from the Nigerian Exchange Limited (NGX). Following the delisting, the company whose market capitalisation currently stands at N46.3 billion withdrew its shares from the equities market.…
IAs evidence of resilience and continuous innovation despite the headwinds in the Nigerian economy, the total comprehensive income of Industrial & Medical Gases (IMG) Nigeria PLC., has jumped by 295 percent, from N215.967 million in 2019 to N852. 753 million…
The Naira appreciated against the dollar at the foreign exchange market on Friday to end the week on a positive note after nine days of depreciation. FMDQ data showed that the Naira gained at N1505.30 against the dollar on Friday…
By Esther Agbo Consolidated Hallmark Holdings (CHH) Plc held its inaugural Annual General Meeting (AGM) today, marking a significant milestone in the company’s history. CHH Chairman, Shuaibu Idris, In his address, highlighted the company’s impressive financial performance in the face…
Investors in the Nigerian equities market lost N250 billion at the close of trading on Tuesday. This followed the dip in the share value of Oando, UPL, Academy, and others on the trading floor today. After five hours of trading…
By Opeyemi Abdulsalam Femi Otedola, a prominent billionaire businessman, has made a significant move by acquiring additional shares in FBN Holdings. This development was made public through a corporate filing on the Nigerian Exchange Group (NGX) on Monday. The acquisition…
By Opeyemi Abdulsalam The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has called on investors and market intermediaries to embrace sustainable finance, a move that could unlock a potential $2.6 trillion market. Dr. Agama made…
The Nigerian Exchange Limited (NGX) has fined nine quoted companies N76.8 million for failure to file their audited financial statements after the regulatory due date. An investigation showed that the companies were sanctioned for their inability to meet the regulatory…
