.Airtel market capitalisation now N4.735trn .Dangote Cement adds N219.8bn Kayode Tokede On the backdrop of aggressive profit-taking by investors’, the market capitalisation of 10 top losers on the Nigerian Stock Exchange Limited (NGX) depreciated by N135.42billion in the month of February 2022, market data has revealed Among the top losers on the Exchange in February […]
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Nigerian stocks rally on renewed interest in consumer goods shares
Nigerian Stock Exchange (NGX) Nigerian stocks rebounded on Wednesday as the benchmark index climbed by 0.28 per cent, its first time since 28th February, supported by investors’ interest in consumer goods equities and a few bank shares. FBN Holdings led the march, supported by Nestle, Nigerian Breweries, United Capital and Presco. Of the five sector […]
Corporate Actions: New signings and a capital raise
Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have an impact on the firms themselves or shareholders. Examples of corporate actions include the payment of dividends, closing of shareholders’ registers, announcing qualification dates and Annual General Meeting (AGM) dates. Here is a review of corporate actions that took […]