By Kayode Tokede United Bank Plc has reported 67 per cent increase in profit after tax, according to its unaudited first quarter (Q1) results for period ended March 30, 2021. The company on Nigerian Exchange Limited (NGX) on Wednesday report…
By Kayode Tokede The mana-gement of First Bank of Nigeria Limited on Wednesday approved the appointment of Mr. Gbenga Shobo, currently Deputy Managing Director, as the Managing Director/CEO designate of the bank. Gbenga succeeds Sola Adeduntan, who had been leading…
By Kayode Tokede The Nigerian Exchange (NGX) Limited has kicked off its first Automated Trading System (ATS) Certificate Training for stockbrokers in 2021 with a focus on capacity building beyond equities. This makes the second cohort under this new remote…
By Kayode Tokede Transactions on Nigerian Exchange Limited (NGX) on Wednesday closed in the negative region to extend the previous day’s negative sentiment, as investors’ investment declined by N274 billion. In summary, the All-Share Index (ASI) dropped by 524.00 basis…
By Kayode Tokede The Securities and Exchange Commission (SEC) with the support of FSD Africa is to develop an Information Communication and Technology (ICT) transformation strategy to improve market regulatory efficiency. A document published on the commission’s website on Tuesday,…
By Kayode Tokede The Nigeria Exchange Limited (NGX) equities market closed transactions for Tuesday on a negative note, to halt the seven consecutive gaining streak, as investors took profits from the recently appreciated banking stocks. In summary, the NGX All-Share…
By Kayode Tokede …proposes 3rd consecutive dividend payment Wema Bank Plc has reported 38 per cent increase in total Asset to N979.52billion in its audited result and accounts for full year ended December 31, 2020 from N715.87billion reported in 2019.…
Cadbury Nigeria Plc has reported 62 per cent drop in profit before tax in its unaudited first quarter results for period ended March 31, 2021 to N345.1million as against N912.77million reported in first quarter for period ended March 31, 2020.…
Ecobank Group’s Profit jumped by 23.5 per cent in the first quarter (Q1) of 2021 to hit N30.493 billion year on year from N24. 694 billion it posted in March 2020. Ecobank in its Condensed Unaudited Consolidated Financial Statements for…
The Nigerian Exchange Limited (NGX) limited on Monday resumed the week positive as the All-Share Index advanced by 0.04 per cent amid sustained positive investors’ sentiment. In summary, the NGX All-Share Index (ASI) grew by 16.70 basis points, representing an…
