Nigerian Exchange Limited’s All-Share Index (NGX-ASI) rose to an all-time high and shattered the 70,000-point barrier on Wednesday. This milestone has generated excitement and reposed confidence in the future of Nigeria’s economic trajectory. At the end of trading on the…
Stanbic IBTC Bank is set to exit the capital market as the holding company, Stanbic IBTC Holdings Plc made the announcement. Stanbic IBTC Holdings Company’s Secretary, Chidi Okezie in a corporate notice filed with the Nigerian Exchange Limited on Tuesday…
…Fidelity Bank Plc gross earnings hit N141.6bn in Q3 2023 Fidelity Bank Plc has recorded an improvement in its gross earnings amounting to N141.6 billion in the third quarter of 2023. This growth was disclosed in the company’s Q3 financial…
Zenith Bank Plc has defied the challenging macroeconomic environment by delivering triple-digit growth in both its top-line and bottom-line figures for the third quarter of the year ending September 30, 2023. The bank’s unaudited results showed that its profit before…
The Nigerian Exchange Group (NGX) reported a significant increase in its profit after tax for the third quarter of 2023. The company’s profit reached N1.22 billion, representing a remarkable 606.2 percent growth compared to the N172.7 million recorded in the…
The NGX All-Share Index (NGXASI) advanced by 1.65 percent on Tuesday leaving it on 35.09 percent. The market closed at 69.236.19 basis points, compared to the previous day’s gain of 1.45 percent, which closed at 68,111.71 basis points. The NGX…
MTN Nigeria has raked in a profit of N147.36billion within nine months noting a decline of 45.2 percent from N269.04billion reported in nine months of 2022. The company made this known in its unaudited nine months result and accounts for…
Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces its unaudited results for the nine months ended 30 September 2023, recording a rise in revenue by 31…
Investors in the Nigerian Equities Market gained N534.57bn on Monday as the market closed positively on 975.13 basis points. The NGX All-Share Index (NGXASI) advanced by 1.45 percent, closing at 68,111.71 basis points, compared to the previous day’s gain of…
FBN Holdings Plc, the parent company of First Bank of Nigeria, has reported impressive financial results for the third quarter of 2023. The company’s pre-tax profit reached N64.1 billion, marking a significant increase of 61.11 percent compared to the same…
