By Philemon Adedeji The Nigerian equities market closed yesterday in red zone amid bearish sentiment in industrial giant, by DANGOTE CEMENT (-1.35 per cent) alongside NESTLE Nigeria (-1.39 per cent) and ZENITH BANK (-0.14 per cent) drove the market’s weak…
Fidelity Bank has declared an interim dividend of N8 billion (representing N0.25 per share) to be paid to shareholders for the half year ended June 2023. This was disclosed in the company’s corporate action announcement to the Nigerian Exchange Limited…
Following Nigeria’s commitment to adopt the International Sustainability Standards Board (ISSB) standards, Ms. Tinuade Awe, the Chief Executive Officer of NGX Regulation Limited (NGX RegCo), emphasised the importance of Nigerian banks swiftly integrating environmental, social, and governance (ESG) principles into…
By Philemon Adedeji The Nigerian equities market declined yesterday after trading by N26 billion caused by Investors interest in DANGOTE CEMENT (+0.05 per cent), NESTLE Nigeria (+0.01 per cent) and FBNH (+0.84 per cent) was offset by profit taking in…
By Philemon Adedeji PZ Cussons Nigeria Plc (PZCN), yesterday reported plans by PZ Cussons (Holdings) Limited to acquire shares held by all its shareholders at an offer price of N21 per share. It was gathered that PZCN currently listed 3,970,477,045…
By Philemon Adedeji Equities market on the Nigeria Exchange Limited (NGX) extended gains for the fourth consecutive session primarily driven by gains recorded in index heavyweights, MTN Telecommunication Nigeria (+0.04 per cent), BUAFOODS (+2.78 per cent) alongside, United Bank for…
Shareholders of GTCO Holdings Plc will receive an interim dividend of N14.72 billion for the half year ended June 2023 representing 50 kobo per share. The Board of Directors of the holding company proposed the payment of an interim dividend…
Indigenous oil and gas giant, Seplat Energy Plc has crossed N1 trillion in market capitalization to join the exclusive group of stocks worth over one trillion (SWOOTs). This was as its share price increased to N1837 per share to hit…
By Philemon Adedeji Trading activities on Nigerian Exchange Limited (NGX) closed yesterday on green posture, the market’s performance was primarily driven by demand in BUAFOODS (+2.56 per cent), ZENITH BANK (+7.85 per cent) and GTCO (+6.58 per cent). The benchmark…
Nigerian Exchange Limited (NGX) has said that a mix of financial literacy and awareness can help to reduce the growing number of unclaimed dividend in the capital market. This is coming after efforts by the Securities and Exchange Commission (SEC)…
