Airtel Africa and Transnational Corporation Limited (TRANSCORP) Plc led the list of gainers at Tuesday’s trading which is the first for the year at the Nigerian Exchange. TRANSCORP’s stock price opened at N8.66 but closed at N9.52 representing a 0.86…
Vitafoam Nigeria PLC has grown its revenue to N52.9 billion in 2023, from N46. 3 billion in 2022, an increase of 14 percent despite the headwinds that characterized the operating environment. In line with the Company’s policy of shareholder value,…
The Nigerian Exchange Limited witnessed a mixed performance on its first trading day following the Christmas break, with banking stocks showing resilience in the face of a broader market downturn The market opened to a bearish trend as the All-Share…
The Nigerian Naira on Wednesday gained against the dollar on the official market. The Naira appreciated 1.52 percent to close at N872.59 to a dollar at the close of business, data from the NAFEM revealed. This represents an N13.29 gain…
The NGX All-Share Index (ASI) declined by 0.34 percent on Wednesday. With yesterday’s market results, the NGXASI now stands at 43.94 percent. This follows the previous day’s loss of 0.36 percent, which closed at 74,023.27 basis points. The NGX Market…
The Group Managing Director of Chams Holding Company Plc, Mrs Mayowa Olaniyan has attributed the investment of the company in the production of SIM cards locally as a key driver of its growth in 2023. The Company’s Group Managing Director,…
Following the declaration by the Federal Government to achieve between $650 – $750/Naira exchange rate by the end of the year, Forex experts have expressed skepticism on the actualisation of the target set. The Chairman of the Presidential Committee on…
Lagos and Ogun State have been identified as Nigeria’s most economically viable states, a report by Economic Confidential, a subsidiary of PR Nigeria, has shown. Pointing to Ogun State’s status as Nigeria’s topmost investment destination after Lagos, the report showed…
Thursday’s trading saw the NGX All-Share Index (ASI) continue its positive run. Compared to the previous day’s gain of 1.28 percent, which closed at 73,397.71 basis points, now at 44.95 percent, the NGX All-Share Index advanced by 1.21 percent yesterday…
Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group has appointed a former Corporate Affairs Commission (CAC) Registrar General, Alhaji Garba Abubakar as a non-executive Director. Hailed as one of the most reform-minded heads of agency in Nigeria during his…
