By Philemon Adedeji Equities market on the Nigerian Exchange Limited (NGX) opened the week by extending from gains recorded last week as the benchmark All-Share Index (ASI) appreciated by 154.65 basis points to represent 0.29 per cent increased higher to…
By Philemon Adedeji The Federal Government has expressed its commitment to continue to improve the diversification of the economy by steadily growing other sectors particularly the commodities trading ecosystem. The assurance was given by the Minister of Finance, Budget and…
By Philemon Adedeji The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalization appreciated by 2.95 per cent to close the week at 54,213.09 Index points and N29.528 trillion respectively. Similarly, all other indices finished higher with the exception…
By Philemon Adedeji The Securities and Exchange Commission (SEC) has restated its commitment to continue to educate and enlighten investors in a bid to ensure they make informed investment decisions. This was stated by Head, Office of the Chief Economist…
Shares of Geregu Power Plc, Nigeria’s only listed electricity company surged in early trading on Thursday to N216.5 as investors scrambled to own the stock. The company shares have now gained 61per cent in one week after it opened at…
By Philemon Adedeji The Nigerian Mobile telecommunication company, MTN Nigeria Plc has released its audited financial results ended December 31, 2022 reporting a remarkable 20.16 per cent increased in profit to N358.8 billion in full year 2022 from N298.654 billion…
By Philemon Adedeji Equities market on the Nigerian Exchange Limited (NGX) extended the bullish run for the fourth consecutive session as the All-Share Index (ASI) inched weight by 261.01 absolute points representing 0.49 per cent to close at 53,499.68 index…
By Philemon Adedeji Unity Bank Plc has recorded 16 per cent rise on gross income. This is contained in unaudited financial statement for the full year ended December 31, 2022 with a declaration of N1.35 billion profit for the period…
By Philemon Adedeji Sterling Bank Plc has released its unaudited full-year 2022 results, reporting a pre-tax profit of N20.06 billion. This represents a 38.63 per cent increase from the N14.47 billion the company reported during the same period in 2021.…
By Philemon Adedeji MTN Group Chief Executive Officer, Ralph Mupita, has lauded Nigerian Exchange Limited (NGX) for democratizing access to financial securities, thereby empowering more Nigerians. He said this when in recognition of the importance of the partnership between MTN…
