The Securities and Exchange Commission (SEC) has said that the Investments and Securities Bill 2023, recently passed by the National Assembly is geared to improve the capital market to make it improved for investors, to provide more opportunities for investors.…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited closed positive driven by gains recorded in Tier-1 bank investors which are Zenith Bank (+0.46 per cent), FBNH (+7.18 per cent) and ACCESS CORPORATION (+10.00 per cent) outweighed losses in…
By Philemon Adedeji At the Nigerian Exchange Limited (NGX), trading activities closed on positive note as Tier-1 banking investors maintained consistent bargain by lifting market capitalisation to N18bn, the Tier-1 investors includes Zenith Bank (+0.23 per cent), Stannbic IBTC (+3.19…
The Chief Executive Officer, Nigerian Exchange Limited (NGX), Mr Temi Popoola has said that the market would see a renewal in Exchange Traded Fund listings as four new ETFs were in the pipeline. This was echoed by Popoola at the…
By Philemon Adedeji Union Bank of Nigeria Plc has released its audited financial statements for the year ended 31st December 2022, revealing strong financial performance despite macroeconomic headwinds. The group Profit Before Tax rose marginally by 47 per cent to…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) after three consecutive sessions of losses, closed on bullish sentiments yesterday as a result of gains recorded in Guaranty Trust Holding Company (GTCO) (+0.60 per cent), Nigerian Breweries (NB)…
By Philemon Adedeji The Supreme Court has affirmed the Investments and Securities Tribunal’s (ISTs) jurisdiction over capital market disputes in the country. Director General of the SEC, Mr. Lamido Yuguda, who disclosed this during an interview while reacting to the…
By Philemon Adedeji Abbey Mortgage Bank Plc has released its audited financial results for the full year ended December 31, 2022, showing impressive performance across major indices, announcing its profit before tax (PBT) which increased by 25.14 per cent year-on-year…
…As PBT hits N61.4bn By Philemon Adedeji Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its unaudited results for the first quarter ended March 31st, 2023, reporting remarkable growth across all its major business segments. The Bank’s…
By Philemon Adedeji Opening the week, the equities market on the Nigerian Exchange Limited (NGX) closed on bearish sentiments caused by selloffs in telco heavyweight MTNN (-6.67 per cent) alongside, Zenith Bank (-0.45 per cent) and First Bank Holding of…
