By Seun Ibiyemi To mark the 2023 Customer Service Week, Unity Bank Plc customers will win prizes while participating in engagement activities lined up for the week-long celebration. From October 2 – 6, the Bank will also celebrate the exceptional…
Trading activities on the equities market of the Nigerian Exchange Limited (NGX) on Tuesday closed negative, as price decline in MTN Nigeria Communications (MTNN) and 21 others pulled the market lower by N158 billion. The NGX All-Share Index (ASI) dropped…
The Nigerian currency, the naira, has suffered a significant depreciation in the third quarter of 2023, according to official and unofficial data. The third quarter of 2023 has closed with startling figures for the Nigerian economy as the Naira faced…
The Nigerian Stock Exchange (NGX) All-Share Index appreciated by 29.52 percent to close at 66,382.14 index points in the third quarter of 2023. This development has pushed the market to its 15-year high on the back of strong positive sentiments.…
FMDQ Securities Exchange secondary market turnover hits N59.3 trillion between June and August. The figure is higher than N53 trillion achieved in the corresponding period in 2022. Secondary market turnover on FMDQ Exchange in August 2023 stood at ¦ 17.68…
VFD Group Plc, a sector-agnostic proprietary investment firm, announced today that it has received approval to list its shares on the Nigerian Exchange Limited. The company’s shares will begin trading soon. “We are thrilled to have received approval to list…
The Federal Government through the Ministry of Communications, Innovation and Digital Economy has said it intends to collaborate with Nigerian Exchange Limited (NGX) to stimulate startup listings with the newly created NGX Technology Board. The Minister of Communications, Innovation and…
Despite impressive corporate earnings by listed companies, the equities market depreciated by N91.3billion in market capitalisation in September 2023 as investors traded with caution. The market capitalisation closed September at N36.331trillion from N36.422trillion it opened for trading, while the Nigerian…
Leading cement-producing companies in Nigeria generated 2.5 per cent increase in profit to N277.7billion in half year (H1) ended June 30, 2023 as against N270.88billion generated in half year ended June 30, 2022. Amid double-digit inflation rate, the likes of…
Following the exceptional performance in the first half of the 2023 financial year, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has said that it is firmly committed to achieving sustained profitability by the end of second half. The…
