Notore Chemical Industries has announced the appointment of Femi Agbaje as the new chairman of its board of directors. The appointment comes more than three years after former Nigerian Head of State, Yakubu Gowon, retired from the company’s board on…
The Nigerian Exchange Ltd.(NGX) market capitalisation on Monday closed on a negative note, losing N239 billion. Specifically, the market capitalisation which opened at N59.416 trillion, lost 0.40 percent or N239 billion to close at N59.177 trillion. Similarly, the All-Share Index…
The Nigerian Exchange Ltd.(NGX) extended gains on Friday, causing investors’ wealth to grow further by N582 billion due to buy interest on the nation’s bourse. Specifically, investors gained N582 billion in value as market capitalisation grew to N59.416 trillion from…
The global cement business will remain modest amid geopolitical tensions and economic fragmentation. Outlooks put the market’s growth at between 2 and 3 percent in 2024. The Middle East, India, and Africa would drive the growth in the year. Growth…
Transcorp, GTCO lift equity market up by 0.47% Transcorp Corporation (Transcorp) and Guaranty Trust Holding Company(GTCO) on Wednesday drove the Nigerian equity market higher by 0.47 percent as the largest stocks in volume and value. Specifically, Transcorp led the volume…
Market capitalisation on the Nigerian Exchange Ltd (NGX) gained N836 billion or 1.45 percent to close at N58.533 trillion on Tuesday. The stock market opened at N57.697 trillion capitalisation on Tuesday. In the same vein, the All-Share Index also witnessed…
Leading food seasoning manufacturer, NASCON Allied Industries has gained more market share even as its profit after tax (PAT) rose by 151 percent to N13. 73 billion for the financial year ended December 31, 2023. A review of the company’s…
Transcorp Power Plc, a prominent power firm recently listed on the Nigerian Exchange Group Plc (NGX), reported a significant gain of approximately N835 billion by the close of weekly trading, positioning it as the top gainer for the week. This…
Investors in the Nigerian equities market went home with N562 billion at the close of trading on Friday. This followed the rise in the market capitalisation to N57.2 trillion from N56.7 trillion after five hours of trading today. Similarly, the…
The Securities and Exchange Commission (SEC) says it is intensifying efforts to reduce the level of unclaimed dividends in the nation’s capital market. A statement by the commission in Abuja on Thursday, said the effort which included investors’ interactions in…
