The CEO of the Nigerian Exchange Limited (NGX), Temi Popoola has explained how the Exchange handled the rate of delistings off the market and increased market capitalisation. According to Popoola, the NGX experienced a remarkable surge in market capitalisation, with…
The Nigerian equities market recorded 39 investors gaining positively and 19 investors losing. This is as the investors gained N113.07 billion with the market ending positively generally. The NGX All-Share Index advanced by 0.25 percent, closing at 71,014.34 basis points,…
Afrinvest West Africa Limited, a capital market holding company, has advised monetary and fiscal authorities to rethink their anti-inflation strategies to holistically address the ugly narrative of surging inflation rate. Managing Director, Afrinvest West Africa Limited, Ike Chioke, disclosed this…
Afrinvest West Africa Limited, a capital market holding company has advised monetary and fiscal authorities to rethink their anti-inflation strategies to holistically addressing the ugly narrative of surging inflation rate. Managing Director, Afrinvest West Africa Limited, Ike Chioke, disclosed this…
Moniepoint and Fidelity Bank have inked a partnership to tackle fraud in the financial services sector. The collaboration was announced during a courtesy visit of the Chief Executive Officer of Moniepoint Inc., Tosin Eniolorunda to Nneka Onyeali-Ikpe, the Chief Executive…
Flour Mill of Nigeria has reported strong revenue growth of 33 percent year-on-year to N508.3 billion at the end of Q2 23 The key factor contributing to the growth in revenue are revenue from food segment, Sugar segment, the Agro…
Ogun State Governor Prince Dapo Abiodun on Thursday advocated a collaboration between the States, Federal Government, and the Capital Market in raising funds for the provision of needed infrastructure in the country. Governor Abiodun, who spoke as the Special Guest…
Investors on the Nigerian Exchange gained N25.37bn as the market closed positively on Thursday. The Nigerian equities market closed gaining 46.18 basis points with a flat market breadth. Meanwhile, the NGX All-Share Index (ASI) now stands at 38.18 percent as…
Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023. In its results issued to the Nigerian Exchange Group Limited, the Bank continued to maintain its expansionary and customer-centric model with total…
Despite the tough operating environment, Berger Paints Nigeria recorded a growth in their revenue 20 percent from N4.53 billion in September 2022 to N5.42 billion in September, 2023. The Paint company net profit rose by 142 percent in the review…
