The Chairman of United Bank for Africa (UBA) Plc, Mr Tony Elumelu, says adequate knowledge of Nigeria’s population will help accelerate economic growth and development. Elumelu, who is also the Chairman of Heirs Holdings Group and Transnational Corporation (Transcorp) Plc,…
By Philemon Adedeji Opening the week yesterday, equities investors rebounded by 76.36 basis points or 0.14 per cent to close at 55,605.57 basis point from 55,529.21 basis points it closed trade last week Friday. Investor interest in telco heavyweight, MTNN…
The Debt Management Office (DMO), on Monday offered two Federal Government of Nigeria (FGN) Savings Bonds for subscription at N1,000 per unit. According to the DMO, the first offer is a two-year FGN Savings Bond due in March 15, 2025,…
By Philemon Adedeji Trading activities on the Nigerian Exchange Group (NGX) closed on bullish sentiments as Airtel Africa lifted capitalisation to N88 billion driven by gain in the index on track for a weekly gain. Consequently, the year-to-date (YTD) return…
The Chairman, Vitafoam Nigeria Plc, Dr Bamidele Makanjuola has annnounced his retirement to the shareholders after meritorious service of 10 years, a full term in line with the Company’s tenure policy. Addressing the shareholders at the Company’s 61st Annual General…
By Philemon Adedeji Yesterday, at the Nigerian Exchange Limited (NGX), equities market halted its five-day winning streak as the benchmark All-Share Index (ASI) shed 297.65 basis points or 0.50 per cent to close at 55,508.61Index points from 55,806.26 Index points…
One of Nigeria’s fastest growing commercial bank, the Premium Trust Bank, has officially commenced banking business operations at Redemption City, Ogun State. This makes it the 8th Branch established by the bank within nine months of existence. The opening ceremony…
The Nigerian publicly-traded multinational cemet manufacturing company, Dangote Cement Plc has declared a final dividend of N20 per share following the release of its 2022 financial report The company said the dividend payout is subject to the appropriate withholding tax…
By Philemon Adedeji Equities market maintained upward trajectory by extending gains for the fifth consecutive session, as All-Share Index (ASI) gained 477.84 basis points representing 0.86 per cent to settle at 55,806.26 Index points from 55,328.42 Index points it closed…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) for the opening the week closed in green posture due to buy interests in index heavyweight Buafoods (+4.65 per cent), alongside Tier-1 banks, Zenith Bank (+0.78 per cent), Guaranty…
