capital market

Transcorp Hotels grows profit by 62% in Q3

Transcorp Hotels PLC, the hospitality subsidiary of Transcorp Group has announced its financial performance for the third quarter of 2023, showing a strong year-on-year growth on all indices.  The leading hospitality brand sustained strong growth, recording 31.76% growth in revenue…

Haldane McCall eyes NGX by Introduction

A leading company in the real estate and hospitality industry in Nigeria, Haldane McCall PLC, is warming up to join the league of quoted companies on the main board of Nigerian Exchange Limited (NGX) through Offer by Introduction in the…

Equities market drops by 0.18%

The equities market of the Nigerian Exchange Limited (NGX) on Thursday extended its bearish performance as price decline in MTN Nigeria Communications (MTNN) Plc and 28 others dragged the market benchmark down by 0.18 percent.The NGX All-Share Index (ASI) lost…

GTCO reports N367bn profit after tax

Guaranty Trust Holding Company Plc (GTCO) has announced a profit after tax of N367.42billion for the period ended September. This represents a 181.87 percent rise in its profit compared to N130.35billion as of September 2022. The company which is listed…

Equities market drops by 0.42% WoW

The domestic equities market experienced a negative performance last week. As a result, the Nigerian Exchange Limited (NGX) All-Share Index shed 0.42 per cent week-on-week (W-o-W) to close at 66,915.41 basis points. Similarly, market capitalisation decreased by N156 billion to…