By Philemon Adedeji Bearish sentiments which persisted yesterday on the Nigerian Exchange Limited (NGX) caused by Sell-offs in Airtel Africa (-0.17 per cent) alongside Zenith Bank (-0.18 per cent) and Guaranty Trust Holding Company (GTCO) (-0.18 per cent) dragged capitalization…
By Philemon Adedeji The Securities and Exchange Commission (SEC) has said that Nigeria has various commodities that could be exported in a bid to grow the economy, provide jobs for Nigerians as well as provide the nation with forex. Director…
Wema Bank Plc is moving out of the bottom hierarchy on profit margin in the Nigerian banking industry to the medium rangers with a profit margin of 13.6 per cent at the end of the first quarter (Q1). This is…
Yesterday, trading activities at the Nigerian Exchange Limited (NGX) ended mixed with a bearish tilt as the benchmark All Share Index (ASI) decreased by 13.79 basis points or 0.02 per cent to close at 55,806.71 absolute points or 55,820.50 absolute…
By Philemon Adedeji The Securities and Exchange Commission (SEC) has expressed its determination to deepen and diversify the capital market in a bid to create more wealth for investors and Nigerians as well as stimulate economic growth. This was stated…
…As gross earnings grow by 13.1% to N57bn in Q1, 2023 By Philemon Adedeji Nigeria’s retail lender Unity Bank Plc has posted a Profit Before Tax ( PBT) of N1.1 billion for its full-year results that ended December 2022, even…
By Philemon Adedeji Shareholders of TotalEnergies Marketing Nigeria plc have unanimously approved N8.49 billion dividend payout for 2022 financial year, translating to N25.00 per ordinary share, the approval was made at the company’s 45th Annual General Meeting (AGM) held in…
By Philemon Adedeji At the Nigerian Exchange Limited (NGX), closing the month yesterday the domestic bourse ended mixed with a bullish tilt as the All Share Index (ASI) managed to close by 23.54 basis points or 0.06 per cent to…
Nigerian Exchange Limited (NGX) wishes to inform the investing public that the All-Share Index (ASI) crossed the five per cent 5 per cent threshold this was due to a 5.23 per cent increase above the closing value of 52,973.88 points…
By Philemon Adedeji Federal Government of Nigeria (FGN) declared public holiday on Monday for the inauguration of the President-elect, as the week opened yesterday stock market reacted positively with benchmark All Share Index (ASI) closed by 2771.86 basis points representing…
