The Managing Director of Investment Banking at Chapel Hill Denham Advisory Limited, Mrs Kemi Awodein has disclosed that Corporate and subnational bond issuances increased by 502.4 per cent between FY 2017 and FY 2022 (5 years). Awodein stated this at…
Guaranty Trust Holding Company Plc (GTCO) has raised hopes to recover from two successive years of profit decline with an optimistic profit improvement of 35 per cent to N58 billion in the first quarter (Q1). However, the challenges of rising…
The combined market capitalization of SWOOTs increased marginally by 0.02 per cent to N18.835 trillion. SWOOTs (Stocks Worth Over One Trillion) include Airtel Africa, MTN Nigeria, Dangote Cement, BUA Foods, and BUA Cement. MTN Nigeria’s share price rose by 1.53…
VFD Group Plc (the “Company” or “Group”) (NASD: SDVFDGROUP), a leading proprietary investment company, announced that its shareholders have approved a final dividend of N7.89 Kobo per share. The dividend payout, amounting to a total of N1.5 billion, reflects an…
By Philemon Adedeji The Chief Executive Officer (CEO) of UBA Africa, Mrs. Abiola Bawuah, yesterday disclosed at UBA head office that the Pan-African financial institution has supported governments in African countries where it operates in key infrastructure projects, boosts trading,…
By Philemon Adedeji The shareholders of Stanbic IBTC Holdings Plc on Thursday commended the management’s N2.00 final dividend payout for financial year ended December 31, 2022 amid macroeconomic challenges in the banking sector. The group in mid-year of 2022 paid…
Nigerian Exchange Limited (NGX) has revealed that the total allotments for FGN Savings Bonds has risen to N5.06 billion in the first five months of 2023. The Divisional Head, Capital Markets at NGX, Jude Chiemeka, made this known during the…
Shareholders of a leading manufacturer of paints and allied products, Berger Paints of Nigeria Plc, have commended its Board and Management over the Company’s impressive performance despite the tough operating environment. At its 63rd Annual General Meeting (AGM), yesterday in…
By Philemon Adedeji Access Holdings plc (the company) a non operating financial holding company licensed by the Central Bank of Nigeria (CBN), held its 1st Annual General Meeting (AGM), yesterday at the Federal palace hotel in Lagos, where all resolutions…
…Eyes more companies’ listings on NGX In a bid to promote trade between France and Nigeria, the French Government has said it will continue fostering economic and investment ties with Nigeria. This is even as it revealed that it is…
