By Philemon Adedeji Opening the week, stock market closed in green zone, caused by renewed interest in telecommunication heavyweight, Airtel Africa which pushed the broader index into positive territory. Absolutely, the year-to-date (YTD) return rose to 5.80 per cent, while…
The capital market is working to develop products that would make the market attractive to the younger generation in a bid to further deepen the market. Director General of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda stated this…
By Philemon Adedeji The Nigerian Exchange Limited (NGX), All-Share Index (ASI) depreciated by 522.84 basis points representing 0.96 per cent to close at 53,804.46 index points from 54,327.30 index points it closed upper week Friday and Market Capitalisation value dipped…
By Philemon Adedeji Infinity Trust Mortgage Bank Plc has released its unaudited financial statement for the period ended December 31, 2022, announcing a pre-tax profit of N847.133 million in full year 2022, reflecting an increase of 28.95 per cent to…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) was mixed, albeit with a bullish tilt as the All-Share Index (ASI) closed marginally higher by 12.54 basis points to represent 0.02 per cent to close at 54,520.20 absolute…
By Philemon Adedeji After trading yesterday, equities market closed flat as the investors interest in Tier-1 banking which are, Zenith Bank (+0.20 per cent), Guaranty Trust Holding Company (GTCO), (+0.20 per cent), and First Bank Holding of Nigeria (+0.86 per…
By Philemon Adedeji The Director General of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda, has enjoined the Management of the Lagos Free Zone to step up their investor enlightenment campaign as the company prepares to access the capital…
Naira remained flat against the U.S. dollar at the black market on Tuesday, trading at an average of N756/$1, this is the same rate recorded on Monday. However, the exchange rate at the cryptocurrency P2P exchange depreciated for the seventh…
By Philemon Adedeji Equities market on the Nigerian Exchange Limited (NGX) extended the bullish run to close on a positive note as the gains in MTNN (+1.49 per cent) lifted market capitalisation to N71.70 billion. Also, WAPCO Insurance (+0.77 per…
MRS Oil Nigeria Plc the leading integrated energy company, has released its financial report for the year ended December, 31, 2022 which it said was prepared with the International Financial Reporting Standard. The financial report shows a massive increase in…
