Investors in the Nigerian equities market lost N37 billion at the close of trading on Friday. This followed the dip in the share prices of stocks like CAVERTON, NNFM, and UPL, amongst others on the trading floor today. After five…
The Securities and Exchange Commission has warned entities engaging in illegal fund management activities to desist forthwith or be ready to face the law. The Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, said this in Abuja…
BUA Foods Plc has declared a revenue of N729.4 billion, an increase of 74.4 percent relative to its 2022 revenue. The Chairman of BUA Foods, Alhaji Abdul Rabiu, said this at the 3rd Annual General Meeting of the company on…
PZ Cussons Nigeria Plc reported a pre-tax loss of N5.2 billion in its interim financial statements for the period ending August 31, 2024. This figure represents an 86 percent year-over-year improvement compared to the N38.6 billion pre-tax loss the group…
Investors in the Nigerian equities market gained N241 billion at the close of trading on Wednesday. This followed a surge in the share prices of stocks like Seplat, Flour Mills, Ellah Lakes amongst others on the trading floor. After five…
Nigeria’s equities market furthered its movement into the green region by 0.18 percent or N104 billion on Tuesday, defying the Central Bank of Nigeria (CBN) further hike in monetary policy rate (MPR) in the latest push to rein in inflation.…
Ahead of the outcome of the ongoing Monetary Policy Committee (MPC) meeting, Nigeria’s equities market opened the new week in green, rising by 0.14 percent on Monday. Stocks like Flour Mills (+9.81 percent), Fidelity Bank (+9.93 percent), and FCMB Group…
Nigeria’s leading digital commercial retail bank, Polaris Bank has surpassed its previous full-year profit before tax by more than 28 percent in the first eight months of this year, in a major performance shift that underlines significant improvements in the…
The Securities and Exchange Commission (SEC) says it will encourage government agencies and state owned enterprises to list on the Nigerian Exchange Ltd. (NGX). The Director-General (D-G) of SEC, Dr Emomotimi Agama in an interview with journalists in Abuja on…
Geregu Power Plc posted a 15 percent gain in two days. Its share price moved from N1,000 as of the start of trading on September 17 to close at N1,150 at the close of trading on September 18. Within those…
