By Kayode Tokede The Management of Royal Exchange Plc has notified stakeholders of its inability to meet up with the time frame earmarked for the submission of its Audited Financial Statements for the year ended December 31, 2020, as well…
By Kayode Tokede AFEX commodity exchange has announced the first Warehouse Receipt Backed Commercial Paper in Africa, with tech-enabled operations and a 24-hour fast cash turnaround for borrowers. With over $50 million raised for Agri-SMEs, this bridges the funding gap…
By Kayode Tokede The sell-offs in the domestic stock market continued yesterday as the benchmark index fell 0.44 per cent due to price declines in MTN Nigeria Communications (MTN) and 29 others. The All Share Index (ASI) fell by 175.56…
By Kayode Tokede Africa Prudential Plc, a leading share registration firm, investor and business support services provider in Nigeria has released its audited financial statements for the year ended December 31, 2020 with a decline in gross earnings to N3.508…
By Kayode Tokede The revenue generated by UAC Nigeria Property Development Company (UPDC) Plc has reduced by 23 per cent to N1.7 billion in 2020 from N2.2 billion in 2019 as a result of the decline in the rental income…
By Kayode Tokede The Nigerian Stock Exchange (NSE) equities market closed trading on Tuesday on a negative note, due to price depreciation posted by Nestle Nigeria and other 25 stocks. Consequently, the benchmark index declined by 233.81 basis points or…
By Kayode Tokede The Nigerian Stock Exchange (NSE) has announced the launch of its e-Filing Portal, X-Filing, on Tuesday. X-Filing, which comes on the back of the recent upgrade to the NSE Issuers’ Portal, X-Issuer, is a fully integrated, secure…
By Kayode Tokede The continued activities of Ponzi schemes have been described as a threat to the protection of investors, the functioning of a fair and orderly financial market as well as the development of the economy at large. Director…
By Kayode Tokede The Nigerian Stock Exchange (NSE) has disclosed that domestic investors traded 79.5 per cent or N 184.94billion to outperformed foreign investors in equities market transactions in January 2021. The NSE’s domestic & Foreign Portfolio Investment (FPI) report…
By Kayode Tokede Dangote Sugar Refinery Plc has reported 33.2 per cent growth in profit to N29.78billion in audited results for year ended December 31, 2020 as against N22.36billion reported in audited results for year ended December 31, 2019. The…
