By Kayode Tokede The Securities and Exchange Commission (SEC) has again urged investors in the capital market to register for e-dividend so that they can receive the benefits of their investments in the capital market. This was stated by Executive…
By Kayode Tokede The Nigerian Exchange Limited (NGX) All-Share Index and Market Capitalization appreciated by 1.27 per cent to close the week at 39,301.82 basis points and N20.568 trillion respectively. Bargain hunting in banking stocks was the overarching theme during…
By Kayode Tokede Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited financial statements for first quarter (Q1) ended March 31, 2021, showing a significant increase in profit before tax to N2.5billion from N137.26million reported in prior Q1 2020.…
By Kayode Tokede Africa prudential Plc has reported 12 per cent increase in Profit After Tax to N380 million in first quarter ended March 31, 2021 results, compared to N340million in first quarter ended March 31, 2020. The company on…
By Kayode Tokede With significant increase in net revenue, Nigerian Breweries Plc has reported 38.8 per cent increase in profit before tax to N11.5billion in its unaudited first quarter (Q1) results for period ended March 31, 2021 from N8.3 billion…
By Kayode Tokede The equities market of The Nigerian Exchange Limited (NGX) closed the week upbeat on Friday with a growth of N89billion. The market capitalisation increased by N89 billion or 0.43 per cent to close at N20.568 trillion against…
By Kayode Tokede The equities market of Nigerian Exchange Limited (NGX) on Thursday closed marginally positive by 0.01 per cent, extending the bullish sentiment to five consecutive trading sessions. The upward trend was sustained, following buy-interest in oil and gas…
By Kayode Tokede Flour Mills of Nigeria Plc has announced the upland acquisition of an additional 5,200 hectares of land in Sunti Golden Sugar Estates located in Mokwa, Niger state, in line with its expansion plans. The company also revealed…
By Kayode Tokede Guinea Insurance Plc has recorded N227.67million loss in its 2020 audited result and accounts for period ended December 31, 2020 as against N795.04 million loss reported in 2019. As contained in the company’s financial statement filed to…
By Kayode Tokede Fidelity Bank has announced the listing of its N41.21 billion, 8.5% fixed rate unsecured subordinated bond on the Nigerian Exchange (NGX) Limited. This was contained in a disclosure signed by the bank’s secretary, Ezinwa Unuigboje, and published on…
