Despite reporting significant increase in revenue, Unilever Nigeria Plc reported in its unaudited first quarter (Q1) ended March 31, 2021 N491.99million loss as against N1.11billion reported in first quarter of 2020. The multinational company also reported N110.09million loss before tax…
e-Tranzact Plc has listed 2,434,566,483 ordinary shares on the Daily Official List of the Nigerian Exchange Limited (the Exchange). This means the company listed N3.65billion shares on NGX Exchange. A report by the bourse stated that the additional shares listed…
By Kayode Tokede A turnover of 1.263 billion shares worth N10.759 billion in 19,975 deals were traded last week by investors on the floor of the NGX Exchange. This is in contrast to a total of 887.037 million shares valued…
The Central Securities Clearing System Plc (CSCS) has announced its audited 2020 financial results with profit growing by 41.4 per cent to N6.93 billion, compared to N4.90 billion in 2019. Also, CSCS’s Profit Before Tax grew by 22.3 per cent…
By Kayode Tokede The Nigerian equities market on Thursday closed transaction on a negative note, as the Nigerian Exchange Limited market capitalisation declined by N34billion. The decline in the equities market came after the yield of 364-days treasury bills rose…
By Kayode Tokede The Securities and Exchange Commission (SEC) has stated that it will continue to engage players in the Fintech space and support them to operate lawfully in a bid to ensure the delivery of safe products and services…
By Kayode Tokede CWG Plc has been issued both the ISO 27001 in Information Security Management System and ISO 22301 in Business Continuity Management System certifications. According to CWG’s Head of Quality Assurance and Business Intelligence, Bunmi Adewunmi, “In addition…
By Kayode Tokede The equities market on the Nigerian Exchange (NGX) Limited rose by 0.09 per cent or N18billion amid renewed positive investors’ sentiment. As a result, the All-Share Index (ASI) gained 34.32 basis points, representing a growth of 0.09…
By Kayode Tokede Ecobank Transnational Incorporated (ETI), parent company of Ecobank Group has announced the appointment of Akin Dada as Group Executive, Corporate and Investment Banking. This is according to a press release made available on the Group’s website. With…
By Kayode Tokede NASD Plc has announced the successful admission of the securities of the Nigerian Exchange Group Plc (NGX) for trading on its platform. This is according to a verified Tweet by NASD Plc. The admission is a sequel…
