By Philemon Adedeji Dangote Sugar Refinery plc, has released its unaudited results for the period ended June 30th, 2023, reporting a 9.3 per cent y/y growth in revenue to N202.78 billion at the end of June 30th, 2023 from N185.46…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) closed in upbeat driven by Investor interests in First Bank Holdings of Nigeria (FBNH) (+1.12 per cent), WAPCO Insurance (+4.32 per cent) and Nigerian Breweries (NB)(+2.70 per cent) outweighed…
Transcorp Plc has remedied the 63 per cent profit drop in the first quarter with a big leap of 104 per cent in after-tax profit in the second quarter. Quarterly profit soared from N1.8 billion in the first quarter to…
UK Foreign Secretary James Cleverly announced a new partnership between Nigerian Exchange Limited (NGX) and the UK government’s MOBILIST programme during a visit to the Exchange recently in Lagos. Mobilising Institutional Capital Through Listed Product Structures, or MOBILIST, is a…
By Philemon Adedeji At the close of trade yesterday, bearish sentiment on the Nigeria Exchange Limited (NGX) continued for the second day of the week primarily driven by selloffs in tier-1 banking names which are, ZENITH BANK (-1.18 per cent),…
Notore Chemical Industries Limited known as a leading fertiliser and agro-allied company, has recorded revenue of N7.92 billion for the half year ended June 30 2023. In a statement, the Group Managing Director, Mr Ohis Ohiwerei, said the company faced…
By Philemon Adedeji Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend declaration from quoted companies helped NGX market cap gain N1.814 trillion. The gain was also supported by…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) opened the week on a down beat as bearish momentum dominated, causing a shift towards red territory. Sustained selloffs in telco heavyweight MTNN (-3.68 per cent) and Tier-1 banks,…
By Philemon Adedeji The Securities and Exchange Commission has stated that Nigeria has the opportunity to drive positive changes through the focused promotion of ESG and sustainable finance in financial markets while protecting the environment, reducing inequality, promoting security and…
By Philemon Adedeji Nigerian Exchange Group Plc (‘NGX Group’ or ‘The Group’) announced its unaudited results for the half year ended 30th June 2023, announcing 16.3 per cent declined in profit to N3.2 billion at the end of June 30th,…
