By Philemon Adedeji Equities market on the Nigerian Exchange Limited (NGX) closed in green zone for the third consecutive session, as the Lagos bourse maintained the bull run bringing the All Share Index (ASI) up by 433.26 basis points or…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) closed on negative performance, the market’s loss was primarily driven by the decline in telco heavyweight, Airtel Africa (-6.00 per cent). The decline puts the index on track for…
By Philemon Adedeji The shareholders of NEM Insurance plc have unanimously approved N1.5 billion dividend payout which can be translated to 30 Kobo per N1 ordinary share. The approval was made at the 53rd Annual General Meeting (AGM) held in…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) closed yesterday in green posture amid impressive performance delivered by Tier-1 bank investors which are Zenith Bank (2.65 per cent), Guaranty Trust Holding Company (GTCO) (4.18 per cent), and…
HH Capital Limited, a Company founded by the Board Chairman of United Bank of Africa (UBA) Plc, Mr. Tony Elumelu has acquired additional 70 million shares worth N560 million in the company. This was contained in a notice of share…
Titan Trust Bank Limited, the core investor in rescued Union Bank of Nigeria (UBN) Plc, has offered to pay minority shareholders the sum of N7 per share in a buyout scheme for delisting from the Nigerian Exchange by the end…
The Senate has beamed its light on the vehicle allowances scandal rocking the Securities and Exchange Commission (SEC) and its Commissioners. The Director General of the Securities and Exchange Commission and Commissioners were fingered to have been a part of…
By Philemon Adedeji At the Nigerian Exchange Limited (NGX), equities market extended the bullish run as the benchmark All Share Index (ASI) rose by 188.04 basis points representing 0.36 per cent to close at 52,419.33 absolute points from 52,231.29 absolute…
By Philemon Adedeji Opening the week yesterday, equities market closed on a bullished sentiments as a result of maintaining constitient bargain by Tier-1 banking investors which Zenitih Bank (+0.62 per cent), Access Corporation (+1.01 per cent) and Wapco insurance (+0.41…
Nigerian Exchange Limited (NGX) has reiterated its commitment to supporting the enforcement of regulations that enhances transparency in the capital market, by reminding investors to comply with rules on disclosure of substantial holdings in listed companies. Recall a circular to…
