By Philemon Adedeji The Divisional Head, Capital Markets at Nigerian Exchange Limited (NGX), Jude Chiemeka, has highlighted the importance of Environmental, Social, and Governance (ESG) compliance and the democratisation of data in attracting investments and enhancing stock liquidity in the…
Nigerian Exchange Group Plc (NGX Group) on Friday said it recorded a profit before tax of 700 million in its unaudited results for the half year ended June 30. Mr Oscar Onyema, the Group Managing Director/Chief Executive Officer of NGX…
By Philemon Adedeji Ecobank Group Plc has released its unaudited financial results for the period ended June 30, 2023. The results reflect a 63 per cent increase in pre-tax profits to N92.52 billion from N56.89 billion profit in Q2 2022…
By Philemon Adedeji Yesterday, trading activities on the Nigerian Exchange Limited (NGX) closed bearish halting a four-day winning streak amid selloffs in telco heavyweight, MTNN (-3.44 per cent) alongside First Bank Holding of Nigeria (FBNH) (-4.87 per cent) and WAPCO…
Cadbury Nigeria Plc recorded a loss before tax of N17.9 billion in the second quarter of 2023. This compares to the N800 million profit reported at the same time in 2022. The reason for the loss was a whopping N20.9…
Unilever Nigeria Plc has released its unaudited financial results for the period ended June 30th, 2023 the results showing pre-tax profits dipped by 72.95 per cent to N169.9 million from N628.28 million achieved in the previous year. The food processing…
The Nigeria Social Insurance Trust Fund (NSITF) announced over the weekend its financial report, revealing total contributions of N257.6 billion from various organizations between July 2011 to June 2023. During this period, the Fund registered 142,510 employers. NSITF’s Managing Director, Maureen Allagoa,…
By Philemon Adedeji Following the emergency meeting of the Board of Directors on Tuesday, 25 July 2023, Nigerian Exchange Group Plc (“NGX Group” or “The Company”) yesterday announces an interim dividend of 25 kobo per ordinary share of 50 kobo…
By Philemon Adedeji The Nigerian Equities market Extend its winning streak for the fourth consecutive session, the Lagos bourse maintained the positive momentum driven by gains recorded in MTNN (+5.52 per cent), ZENITH BANK (+0.86 per cent), and GEREGU (+3.60…
By Philemon Adedeji The Nigerian equities market concluded the week’s trading on a bullish sentiment with equities gaining for four trading days in the week and leaving the bears with only one day to dominate. We saw a positive performance…
