RC: 6442 2, Tincan Island, Port Road, Apapa, P.O. Box 166, Lagos, Nigeria. T: +234 1 461 4500, F: + 234 1 461 4602 www.mrsoilnigplc.net THE RESOLUTION OF THE BOARD OF DIRECTORS OF MRS OIL NIGERIA PLC MRS Oil Nigeria Plc ("the Company") hereby wishes to inform the Nigerian Exchange Limited ("NGX") and the investing […]
Tag: XNSA
CBN Mops up N56.8m Fake Banknotes in Circulation
By Ashemiriogwa Emmanuel A total of 67,265 pieces of counterfeit banknotes with a nominal value of N56.83 million was mopped up from circulation by the Central Bank of Nigeria (CBN) in 2020, an Annual Report provided by its Currency Operation Department has revealed. This represents a 20.8 per cent decrease in volume when compared to […]
Weekly Investment in Nigerian Equities Drops 64.2% to N12.4bn
By Dipo Olowookere Investment in Nigerian equities last week waned by N22.2 billion or 64.2 per cent to N12.4 billion from N34.6 billion in the previous week as only 1.4 billion stocks were traded by investors in 23,987 deals in contrast to the 3.0 billion stocks transacted a week earlier in 25,932 deals. Business Post […]
Zacks Value Trader Highlights: Exxon Mobil, Tapestry, Manpower Group, Choice Hotel and Bank of Montreal
For Immediate Release Chicago, IL – October 15, 2021 – Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click […]
Otedola yet to notify us of acquisition – First Bank
The holding company of First Bank of Nigeria, FBN Holdings Plc, has said it has not received any notification of acquisition from the former CEO of Forte Oil, Femi Otedola. In a statement sent to the Nigerian Exchange Limited, the Company Secretary, Seyi Kosoko, responded to the reports that Otedola had allegedly acquired 5 per […]
Nigerian stocks jump N252 billion in a broad advance across sectors
Nigerian Stocks Exchange (NGX) Nigeria stocks lengthened their uptrend on Tuesday, helped in part by investors increasing demand for telco stocks as well as for conglomerates and financial services shares, a broad-based progress culminating in a N252.4 billion gain. MTNN and Airtel continued to command investors’ interest and were joined United Capital and UACN in […]
Nigerian stocks in first decline in six days as investors take profit
Nigerian Stocks Exchange (NGX) Nigerian stocks were weaker by 0.05 per cent on Wednesday after the benchmark index lost bond with the force of progress that had helped share value up since Friday. A couple of stocks dominated by financial services stocks, comprised of Lafarge WAPCO, Ecobank Transnational Incorporated, Access and Zenith, shed part of […]
NLNG, Seplat for 2021 AfriSAFE awards
Top petroleum companies in Africa, Seplat Petroleum Development Company Plc, and Nigeria Liquified Natural Gas Limited (NLNG) are among the leading organisations to bag the the Africa Safety Awards for Excellence (AfriSAFE) taking place in Lagos on Friday, November 12. The event holds at Oriental Hotel, Victoria Island by 4pm. AfriSAFE Chief Executive Officer, Femi […]
Investors on NGX Gain N252.42bn as YTD Return Hits 8.59%
Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday sustained its positive sentiment, gaining N252.42billion as investors renewed interest in Airtel Africa Plc and 23 others.. The market positive performance was driven by price appreciation in large and medium capitalised stocks which are; Airtel Africa, MTN Nigeria Communications (MTNN), Ardova, Lafarge Africa […]
MTN to sell shares in Nigeria unit via public offer
ABUJA, Nov 4 (Reuters) – MTN Group Ltd (MTNJ.J) will begin book-building this month for a public offer to sell up to 575 million shares in its Nigeria business, South Africa’s biggest telecoms operator said on Thursday, as it reported higher third-quarter revenue and core profit. The company, which has been exiting or reducing its […]