By Philemon Adedeji At the close of trade yesterday, Stocks investors gained N8.82 billion as market capitalization rose slightly to N29.909 trillion at the close of trade on the Nigerian Exchange Limited (NGX). Investors interest in Zenith Bank, Wapco Insurance…
United Capital Plc has declared profit after tax (PAT) of N9.6 billion at the end of its 2022 full-year operations, a decline of 14 per cent from over N11 billion achieved in prior financial year. The audited accounts of the…
By Philemon Adedeji Nigerian Exchange Limited (NGX) continues to build on its advocacy of inculcating a culture of saving and investing in young Nigerians as it celebrates the 2023 edition of Global Money Week (GMW). The event was held at…
The Chairman, Bond Forum and Capital Markets Pathway Qualifications Assessment Board, Chartered Institute for Securities & Investment (CISI) in the United Kingdom, Neil Brown, has urged companies to implement sustainability policies of environmental, social and governance (ESG) to respond to…
By Philemon Adedeji As Nigeria joins countries around the world to celebrate the annual Global Money Week, Nigerian Exchange Limited (NGX) and the Securities and Exchange Commission (SEC) will be supporting the Central Bank of Nigeria (CBN) with a series…
Guinness Nigeria Plc experienced a worse performance in the second quarter than in the first, which has extended its falling profit from 32 per cent in the first quarter to 54 per cent at half-year to close at N4 billion…
By Philemon Adedeji Equities market extends its losing streak for the fifth successive session, as the domestic bourse ended lower, meanwhile the benchmark All-Share Index (ASI) eroded by 574.59 basis points or 1.04 per cent to close at 54,915.61 basis…
By Philemon Adedeji Bearish sentiments continue for the third day of week on the Nigerian Exchange Limited (NGX) All-Share Index (ASI) shed 232.7 basis points to represent 0.42 per cent lower to close at 55,490.20 basis points from 55,722.90 basis…
Okomu Oil Palm Plc suffered a net loss of roughly N714 million in the final quarter, which lowered its full-year profit from the third quarter figure of N18 billion to a little above N17 billion. Despite the fourth quarter disappointment…
By Philemon Adedeji At t he Nigerian Exchange Limited (NGX), yesterday bearish sentiments which persisted caused by sell pressures in Guaranty Trust Holding Company (GTCO) (-3.08 per cent), WAPCO Insurance (-1.92 per cent) and Access Corporation (-0.55 per cent) were…
